This volume contains the first twenty chapters (the financial accounting chapters) from Accounting Principles, Third Editioni by the same authors. As in the full book this version has been designed to make the accounting experience interesting and meaningful. Each chapter opens with real-life scenarios that illustrate how accounting relates to students' lives. Provides insight into business, ethics and international problems as well as challenges accountants face and accounting's role in dealing with these issues. Technology in Action boxes demonstrate how computers continue to revolutionize accounting, how they are used in today's accounting practice as well as an idea of what the future holds. Features scores of demonstration problems, self-study questions and exercises.
Jerry J. Weygandt, PhD, CPA, is Arthur Andersen Alumni Professor of Accounting at the University of Wisconsin-Madison. He holds a Ph.D. in accounting from the University of Illinois. Articles by Professor Weygandt have appeared in the Accounting Review, Journal of Accounting Research, Accounting Horizons, Journal of Accountancy, and other academic and professional journals. These articles have examined such financial reporting issues as accounting for price-level adjustments, pensions, convertible securities, stock option contracts, and interim reports. Professor Weygandt is author of other accounting and financial reporting books and is a member of the American Accounting Association, the American Institute of Certified Public Accountants, and the Wisconsin Society of Certified Public Accountants. He has served on numerous committees of the American Accounting Association and as a member of the editorial board of the Accounting Review; he also has served as President and Secretary-Treasurer of the American Accounting Association. He is the recipient of the Wisconsin Institute of CPAs Outstanding Educator's Award and the Lifetime Achievement Award. In 2001 he received the American Accounting Association's Outstanding Accounting Educator Award.