GEN CMBO FAP; CNCT+

by John J. Wild, Ken W. Shaw, Barbara Chiappetta

With 55 years of success in the principles of accounting market, Fundamental Accounting Principles, 20th edition by Wild, Shaw and Chiappetta has endured and adapted to changes in accounting, technology, and student learning styles. Its innovation is reflected in its extensive use of small business examples, the integration of new technology learning tools, superior end-of-chapter material, and a highly engaging, pedagogical design.

Genres: Accounting, Textbooks, Reference, Business, School, Nonfiction, Education

Hardcover

First published January 1, 1975

About the author

John J. Wild is a distinguished professor of business and accounting at the University of Wisconsin’s School of Business.

His research interests include financial accounting and reporting, business analysis and valuation, international financial markets, corporate governance, and earnings quality. Professor Wild’s research articles appear in The Accounting Review, the Journal of Accounting Research, the Journal of Accounting and Economics, the Contemporary Accounting Research, the Journal of Accounting, Auditing and Finance, the Journal of Accounting and Public Policy, and other academic journals.

He has received numerous teaching awards from the Wisconsin School of Business as well as from Michigan State University. He has also taught at the University of Manchester, England.

He is past associate editor of Contemporary Accounting Research and serves on several editorial boards. Professor Wild is a frequent speaker at universities and national and international conferences, and is the author of several best-selling books in accounting and business.

Professor Wild earned his Ph.D. in business from the University of Wisconsin-Madison.

Reviews

[Ashlie Kendrick · Rating 5 out of 5]

Made complicated concepts simple - great book to learn the basics of accounting. On a personal note: yeah! I finished my second class!

[Deanna Sutter]

Winter semester 2021

[Malik Touqeer]

a

[Westveil Books · Rating 4 out of 5]

This textbook gets the job done and if you're not afraid of math and charts, you can get what you need out of this book in order to pass your courses. With that said, I agree with the previous reviewer who commented that this book is written with in-person instruction in mind. I just finished using this book for a course taught as part of a completely online program, and not only did we not have a professor expanding on concepts in-person, but my professor didn't bother to update the contents of the course website from a previous professor's version. As a result, half of the supplementary material we were supposed to have was dead links that went nowhere or now go to other material meant for a higher level course. This book was not enough on its own and I resorted to finding accountants demonstrating these concepts on YouTube.

[Cahyaanisa · Rating 1 out of 5]

aaaa

[hpmasih · Rating 4 out of 5]

1200 of bland accounting.., but it had to be done eventually...

[Abdul]

a great book

[Usama Ch]

nikal

[Elaine · Rating 2 out of 5]

This book bored me to death, but it was useful information.

[Susan · Rating 4 out of 5]

One of the better textbooks on the subject. I was surprised.

[Chantel · Rating 3 out of 5]

Fundamental Accounting Principles
Author: Kermit D. Larson, John J. Wild, Barbara Chiappetta

This edition continues this text's tradition of well-written, comprehensive coverage of mechanics and methodology. Its impressive online supplemental support for teachers and students offers alternatives to classroom teaching/learning and includes a distance-learning service. User-oriented assignments and inserts add balance to its preparer emphasis. This two-semester text covers both financial and managerial accounting. Using an easy writing style that teaches well, it contains many attention-catching illustrations and inserts to meet McGraw-Hill's goals of a "modem framework," "innovative pedagogy," and "superior service" for this edition.

An extensive selection of technical support indicates a significant commitment to achieve those goals. Students buying the book new can acquire Net Tutor, which provides limited free hours or additional hours for a fee of live tutoring (during Florida business hours). The Question and Answer and Message features of Net Tutor facilitate non-live interaction at convenient times. PowerWeb provides current articles and self-graded quizzes. Page-Out offers pre-built or individualized advice for creating a web site or customizing course content. Other technologies-based features add course administration convenience for the teacher and offer opportunities for significantly extending the course beyond the text.

Chapters start with a vignette introducing a small business user-aspect to the material. Some pages appear as a busy web site, offering many informational options. Many brief exhibits, pictures, box inserts, and margin comments are boldly highlighted, most of which relate to real companies, and introduce user insight. However, perusal of recent Issues in Accounting Education reviews indicates that some reviewers prefer muted colors and minimum use of sidebars and other highlights. The extensive use and prominent placement of exhibits will appeal to some users as positive learning aids. Others may find them distracting.

The content is predominantly financial. The first 18 chapters provide thorough coverage of financial accounting mechanics and methods. The significant level of technical detail is not needed for nonaccounting majors. For example, seven inventory valuation methods are explained. Appendices include payroll records and alternative accounting for prepaids. Such extensive coverage results in a large and quite heavy text. Transactional analysis is started early and continued as helpful sidebar notations in most chapters. Demonstration problems and solutions are presented. A wealth of questions, exercises, and problems focus on learning and research skills. Comprehensive and serial problems help integrate and reinforce learning. The broad range of assignments enhances flexibility with conveniently referenced learning objectives within a CAP category, i.e., conceptual, analytical, and procedural. "Beyond the Numbers" assignments and "You Make the Call" box inserts pose interesting user-oriented exercises that add some balance to the overall emphasis on preparation of accounting information.

While strong support is provided for an intermediate financial course, an advanced managerial course is not as strongly supported. Managerial coverage is minimal but adequate for students on a public accounting track. Product costing, including ABC, is thorough and emphasizes GAAP concepts. Decision-oriented concepts are not developed well or not covered at all. Cursory coverage of too many managerial accounting topics fails to integrate the material or to develop the IMA's vision of strategic finance.

I recommend this book for those wanting an established, well-written text with rigorous coverage of financial accounting methods and strong publisher support. This book would present quite an adjustment for those accustomed to a one-semester, user-oriented financial or managerial text.

Review Source: http://www.allbusiness.com/educationa...

[Emily · Rating 2 out of 5]

I used this book for two Principles of Accounting classes that I took during my undergraduate studies. The Fundamental Accounting Principles by John J. Wild 23rd edition text is clearly written in a way that assumes the students using this textbook are in an in person Principles of Accounting course where their instructor will explain the topics further later in class. This textbook is in dire need of a complete rewrite as the information in most of the textbook chapters is very poorly organized which makes it unnecessarily difficult and time consuming to find the information you are looking for in each chapter if it is even covered.

This textbook frequently either completely leaves out critical information about the topics covered in the chapters or the textbook buries critical information such as accounting formulas and other important details about course concepts in footnotes in the margins and on the bottom of the page. The authors often chose to waste significant amounts of page space with unhelpful graphics that they intended to be amusing.

It is clear that this book was heavily inspired by Accounting Principles by Weygandt, Kimmel & Kieso (a much better written and organized accounting textbook) that I also purchased to use for Principles of Accounting I and II when I took it a few years ago to get better explanations of the many course concepts that the Wild text often neglected to explain.

This textbook also requires using proprietary textbook specific software for homework, quizzes and tests. This wouldn't be an issue if the mandatory proprietary software wasn't frequently very glitchy. As it was though, the proprietary software often had issues with recognizing text fields so that even if your calculations were correct you couldn't enter the information correctly because the included drop down menus had the wrong unit information listed so that the correct choice was never available to select, the assignment answer keys were regularly not updated to reflect the correct answers for the new questions in the text, and sometimes the text fields that you were meant to key your calculations into were non functional and wouldn't let you type anything in them at all.

I have read many college textbooks for lots of different college courses and this book is by far one of the most unhelpful college textbooks that I have ever used. If you are looking for a clearly written and helpful textbook to learn basic accounting from look elsewhere.

[Erica · Rating 5 out of 5]

Some of the topics include: analysis of the balance sheet, cash, inventories, investments, tangible fixed assets, liabilities, intangible assets and miscellaneous topics. Includes the utilization and interpretation of accounting principles, a detailed study of deferrals and accruals, plant and intangible assets, partnership and corporate forms of ownership, stocks and bonds, and their effect on business decisions, and financial statement analysis. Helps in analyzing, evaluating, and comparing firms operating, financing, and investing activities.

[Candace W · Rating 3 out of 5]

There were some sections where I had hoped for my in depth instructions in completing certain calculations. I also hate when text books don't provide solutions for all exercise questions it provides. It is incredibly helpful for learning that you actually do some of the equations, calculations, etc, but it sucks that some of the questions don't have the solutions provided so I am not entirely sure i've done it properly.

Otherwise, a decent instructional text. Now, on to volume 2...

[Eric Williams · Rating 4 out of 5]

I used this book for a college course and it was very good at clearly explaining accounting. I had previously attempted to take an accounting course in high (home)school and I didn't understand the subject one bit.

[Kathleen Finucane · Rating 3 out of 5]

This text book suffes from the issue of not including step by step details for someb of the accounting principles. If I liked accounting more I probably would have gotten much more from this text book than I did. Alas, accounting is not for me so it was a very tedious read.

[Andrey · Rating 5 out of 5]

Intro into Accounting.

[Judith · Rating 3 out of 5]

Fundamental Accounting Principles, 19/e (Wild, Shaw & Chiappetta)

[Elizabeth]

I am actually reading the 17th edition of Fundamental Accounting Principles by Larson-Wild-Chiapetta

[Trenna]

Was easy to understand and well layed out. I had zero accounting experience before I used this textbook and found it to be very user friendly.

[Kevin Prak · Rating 5 out of 5]

It is very nice for me.

[Hashirsaeed]

it is a good book

[Amjadali · Rating 5 out of 5]

get knowledge

[Iqra Jamil]

its related to my subject.

[Gayle]

That B+ from all the blood, sweat, and tears. Woo!

[Yahya Hamza · Rating 3 out of 5]

I read only the first 11 chapters of it, as required by my course at uni.
Still, I think it's a good book and I liked it :)

[Lani · Rating 2 out of 5]

Class is over! :)

[Hamed]

thanks

[Augustine Zulu · Rating 5 out of 5]

very good book for accounting principles
i highly recommend to accounting students

[Carla]

Difficult. Glad it's over. This is one book I am happy to put to rest. I may revisit it in the future but only for certain items.