Fundamental Accounting Principles, 16e by Larson, Wild, Chiappetta is one of the most contemporary principles of accounting texts on the market. Its innovation is reflected in its extensive use of entrepreneurial examples, the integration of new computerized learning tools, and a highly engaging, pedagogical design. The new incorporation of the Topic Tackler / Accounting Cycle CD-ROM provides students with yet another advantage as they strive to understand the key concepts of accounting and their role in business. Our revision plan was devised with feedback from both users and non-users including focus groups from around the country. With years of research studying this market, our author team makes the 16th edition of Fundamental Accounting Principles one of the most innovative and reliable principles of accounting texts in the market.
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New entrepreneurial feel rather than the traditional 'big-company' approach. Today's students are excited about and grasp the concepts of young start-up companies. This unique entrepreneurial flavor motivates students to read FAP 16e and learn accounting. The chapter opening articles are especially geared toward young entrepreneurs and the relevance of accounting in their business decisions. A few examples of these companies include the WWF, FUBU, Sector 9, eBay, NetLedger, Papa John, Red Hat, JobDirect, Freeplay, and Bags of Money.
New entrepreneurial marginal notes and boxed features. Did You Know? and You Make the Call boxes focus on entrepreneurial issues/topics and entrepreneurial business decisions. Also, a new Entrepreneurial Decision problem focuses on business decisions of entrepreneurs using accounting information, which students find much more interesting than your traditional corporate examples.
New Entrepreneurial Decision problem is introduced at the end of each chapter to show the relevance of accounting for entrepreneurs and their business decisions.
New marginal notes for student have been added providing additional hints, tips, and examples.
New Entrepreneurial Icon strategically placed to add a new flavor and excitement for students. These icons are placed in the relevant, chapter-opening vignette, entrepreneurial marginal notes and boxes, and appropriate end-of-chapter materials.
New and immediate introduction of actual financial statements in Chapter 1. This chapter is also streamlined for ease of coverage in the first week of classes.
Merchandising and Inventory chapters are further integrated and strategically located as back-to-back chapters. This allows students to focus on inventory issues/topics in back-to-back chapters as opposed to several separated chapters. In short, students are better able to understand and assimilate inventory and inventory related topics by integrating these topics back-to-back.
The accounting Work Sheet in Chapter 5 is introduced in an Excel format along with a four-page acetate layout to demonstrate its sequential process.
Chapter 8, Accounting Information Systems and Special Journals, is revised to reflect perpetual inventory instead of periodic. Surveys point to the dominance and continued proliferation of perpetual inventory systems.
Slightly increased coverage of ERP (Enterprise Resource Planning) and e-business systems throughout the text, as appropriate.
New Chapter 13 solely covers Accounting for Partnerships. A large percentage of start-up companies are now organized as partnerships (the LLC form). This has created an enormous increase in learning about accounting for partnerships at least from those interested in pursuing the "LLC" version of partnership formation.
Corporations are now covered in one chapter, Chapter 14. Coverage is streamlined to focus on those corporate issues most relevant to principles of accounting students.
Coverage of Bonds & Notes is streamlined.
Coverage of Process Costing is streamlined based on user and non-user feedback.
New Topic Tackler multimedia software prepared by Jeannie M. Folk of College of
Du Page. This is a complete tutorial focusing on challenging topics in the principles of accounting course. The multimedia program delves into chapter concepts with graphical slides and diagrams, web links, video clips, and animations, all centered around engaging exercises designed to put students in control of accounting principles topics.
New Topic Tackler Icon - This new icon will be integrated throughout the text to inform students of this new study aide available to reinforce the learning process.
New Accounting Cycle software - This program is accessible on the same CD as Topic Tackler. The Accounting Cycle software is a derivative of our Interactive Financial Accounting Lab by Smith/Birney. This material will allow students to effectively review the accounting cycle before moving on to more advanced accounting concepts.
New Accounting Cycle Review Icon - This Icon, located in chapters 2-5, will be highlighted for students who desire additional study and review of the accounting cycle. This icon will primarily appear in the end-of-chapter materials.
Actual company excerpts within the chapters, including the assignment materials, to motivate students and demonstrate the relevance of accounting.
'Using the Information' sections continue to offer emphasis on the importance of understanding ratios, analyzing accounting information, and showing how financial statements reflect on and impact business decisions.
Motivational type boxes; You Make the Call and Did You Know. These boxes are integrated throughout the text to help students develop critical thinking and decision-making skills. A sub-group of Did You Know boxes are devoted to entrepreneurs and the role of accounting information. Also, a sub-group of You Make the Call are devoted to business decisions that involve ethical issues in using accounting information.
While several content enhancements have been made to respond to contemporary topical needs, FAP 16e offers an organization ideal for the two-term or three-term principles of accounting course.
Both Comprehensive and Serial problems are selectively integrated throughout the text.
QuickChecks (short question/answer) are strategically located within the chapters to aid students in understanding concepts and methods before moving on to new materials.
A comprehensive ancillary package is available, including several multimedia and print tools for both instructor and student.
Integration of the Dallas Distance Learning program. The Dallas County Community County District video guide was created around and integrated within Fundamental Accounting Principles, by Larson, Wild. Chiappetta
Third Party Delivery initiatives. All on-line learning center material will be converted into the shells of WebCT, Blackboard, e-College, etc.. Please contact your rep to order your electronic content.
Kermit D. Larson is the Arthur Andersen & Co. Alumni Professor of Accounting Emeritus at the University of Texas at Austin. He served as chairman of the U.T. Department of Accounting and was Visiting Associate Professor at Tulane University. His scholarly articles have been published in a variety of journals, including The Accounting Review, Journal of Accountancy, and Abacus. He is the author of several books, including FINANCIAL ACCOUNTING, and FUNDAMENTALS OF FINANCIAL AND MANAGERIAL ACCOUNTING, both published by Richard D. Irwin, Inc. Professor Larson is a member of The American Accounting Association, the Texas Society of CPAs and the American Institute of CPAs. His activities with the AAA involved service as Vice President, as Southwest Regional Vice President, and as chairperson of several committees, including the Committee of Concepts and Standards. He was a member of the committee that planned the first AAA Doctoral Consortium and served as its Director. Professor Larson served as President of the Richard D. Irwin Foundation. His other activities have included serving on the Accounting Accreditation Committee and on the Accounting Standards Committee of the AACSB. He has been an expert witness on cases involving mergers, antitrust litigation, consolidation criteria, franchise taxes and expropriation of assets by foreign governments.
John J. Wild is Professor of Business and Vilas Research Scholar at The University of Wisconsin at Madison, where he also received his Ph.D. He has received numerous teaching awards at Wisconsin as well as from Michigan State University. He is a frequent speaker at universities and national and international conferences.
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Book Description McGraw-Hill/Irwin, 2001. Hardcover. Book Condition: New. book. Bookseller Inventory # 0072487682
Book Description Book Condition: Brand New. Book Condition: Brand New. Bookseller Inventory # 97800724876881.0