Financial Accounting: Tools for Business Decision Making

By Paul D. Kimmel, Donald E Kieso, Jerry J Weygandt, et al.

Book Overview

This successful book continues to provide accountants with an understanding of the fundamental concepts necessary to use accounting effectively. The sixth edition offers new discussions on IFRS, including new codification numbers, examples of IFRS financial statements, and additional exercises. A look at more recent frauds such as the Bernie Madoff scandal have been added. Enhanced discussions of ethics and international accounting are presented. The coverage of non-cash items and their impact on decision making has been expanded. In addition, comprehensive case studies and problems help accountants tie the material together.

• Format: Hardcover
• Language: English
• ISBN: 047053477X
• ISBN13: 9780470534779
• Release Date: December 2011
• Publisher: Wiley
• Length: 880 Pages
• Weight: 4.22 lbs.
• Dimensions: 10.8" x 1.4" x 8.7"

Customer Reviews

Satisfied

My book arrived earlier than promised in perfect condition. I am very happy with my purchase.

Excellent Intro Accounting Book

For those of you like me switching to accounting and finance as a career change with zero business, finance and accounting courses behind you, this book is the tool for success. Yes there is a lot of homework and exercises, but this book describes things well with multiple examples in amazing clarity. I am really fortunate that my first ever accounting professor in my MBA program required this text because it really, really helped me learn the concepts. It is not nearly as hard as all my friends have made it out to be, thanks to this book.

Delivered as promised

Textbook was delivered within time frame promised. Great condition as advertised. Would buy from seller again.

Vague w/ No Answer Key

I found the definitions to be vague, and even the definitions of terms change as you go through the chapter, which is confusing, when you're trying to retain all this new information. The author should provide a list of examples of terms, so that we understand and grasp what the meanings of terms are, and how they are linked to other definitions. For example, a cash flow from investing actitivites are defined as "cash flows related to the acquisition or sale of the company's productive assests". As you do some homework prolems and online quizzes, you can gather that productive assests are more than manufacturing equipment, which was the one example given in the book. If I don't know what productive assets are, then I'm not going to understand what cash flow from investing activities are. Also, why not provide an answer key so that you can check to see if you're doing the work correctly and that you have the right understanding? The answer key should not be just for teachers.

Students really like this book.

Accounting can be a dry subject, but this book is actually interesting to read. There are lots of companies used as examples, and the authors really try to show you how accounting is used to make decisions. There is a Decision Toolkit that talks about what tools to use to make certain decisions. There are lots of photographs, helpful illustrations and great use of color.