Fundamental Financial Accounting Concepts
Edmonds; Thomas P.
Sold by ThriftBooks-Atlanta, AUSTELL, GA, U.S.A.
AbeBooks Seller since 24 March 2009
Used - Hardcover
Condition: Used - Good
Quantity: 1 available
Add to basketSold by ThriftBooks-Atlanta, AUSTELL, GA, U.S.A.
AbeBooks Seller since 24 March 2009
Condition: Used - Good
Quantity: 1 available
Add to basketPages can have notes/highlighting. Spine may show signs of wear. ~ ThriftBooks: Read More, Spend Less.
Seller Inventory # G0072299037I3N00
Working With Excel and Mastering Excel problems were written by Linda Bell (William Jewell College), and require students to create their own spreadsheets from scratch, using information from the text. Screen captures and spreadsheet tips are provided on the new Edmonds Web page to help students. These are at the end of each chapter.
Questions, Exercises, and Problems from the previous edition have been thoroughly revised as well. The authors have included more exercises with a variety of lengths, to give instructors more flexibility in making assignments.
Increased Use of Real-World Examples The authors have increased the real-world focus in the end-of-chapter material and in the chapter narratives. New "Reality Bytes" boxes offer more examples of accounting in practice, to go with the "Curious Accountant" openers and "Focus on International Issues" boxes. There will be a company index in the new edition, which will be useful for showing instructors the focus on real companies. When real companies are used in an example, Edmonds uses actual data from the company.
Improved Visual Presentation A new design includes improved chapter openers, a more contemporary style, and the use of "infographics" (interesting, dimensional style of art) which will give the book a higher quality image. The design will match nicely with the Edmonds managerial counterpart.
New Web Resources A new Website will have information about the book, the authors, instructor resources, and student resources.It will link to the companion site for the Edmonds managerial counterpart.
New Annotated Instructor's Edition This resource provides guidance to instructors for alternative teaching methods using the fundamental concepts approach. Annotations include Teaching Strategies, Key Concepts, Real World References, Group Work, and Communications Activities. Annotations were written by Eric Carlsen (Kean University) and Kathleen Sevigny (Bridgewater State College) and carefully reviewed by the authors for consistency with the text.
Pairs logically with New Managerial Text For believers in the Edmonds "fundamental concepts" approach, we can cover both introductory courses (financial and managerial) for a cohesive foundation in accounting.
A Look Back/A Look Forward Each chapter ends with a summary of the main points, and a preview of the next chapter, with an emphasis on how they connect. This approach stresses the stepwise, logical organization of the book and helps students understand how everything connects together.
Focus on Concepts The text focuses on the fundamentals of financial accounting. Isolating concepts and presenting them in a logical sequence facilitates learning. The text also maintains a manageable length (12 chapters) by focusing on only the most important topics.
Distinctive Financial Statements Model This pedagogical tool helps students visualize the simultaneous impact of business events on all of the key financial statements (the income statement, the balance sheet, and the statement of cash flows).
Coverage of Multi-Period Cycles Typically, financial accounting texts focus only on one accounting cycle. Edmonds presents the key financial statements in a way that demonstrates the impact of related events over multiple accounting cycles. This benefits students by showing them the impact of business decisions over time. Managers of companies rarely make important decisions based on only one accounting cycle.
Business Transactions are Classified into 4 Logical Categories Instead of attempting to memorize transactions, students learn to classify events as belonging to one of four conceptual categories. More specifically, students learn to classify transactions as being: 1. An Asset source, 2. An Asset use, 3. An Asset exchange, or 4. A Claims Exchange. This approach encourages students to think about the effects of events rather than memorize the recording procedures.
Integrated Statement of Cash Flows Coverage of the statement of cash flows begins in the first chapter and continues throughout the text. Students are first asked to analyze the cash account. When the cash account is used as the data source, preparing a statement of cash flows is simply a matter of learning how to classify events as operating, investing, or financing activities. More complicated topics, such as the indirect method and a T-account approach for the conversion of accruals to cash, are covered in Ch. 12.
Separate but Inclusive Coverage of Debits/Credits Recording procedures, including debits and credits, are delayed until Ch. 4. This allows students to first grasp the big picture relationships associated with articulating financial statements. Individual instructors can decide the level of emphasis to place on recording procedures. There are ample end-of-chapter problems that require the use of debits and credits, journal entries, T-accounts, and other technical recording procedures. However, a significant number of problems and exercises focus exclusively on how business events affect financial statements. There is also an adequate supply of writing exercises and cases that involve analysis of information for a more "user" orientation to the course.
Decision-making Orientation Concepts are introduced within a decision-making context. Features such as "Curious Accountant" highlight real-world accounting issues and decisions.
"About this title" may belong to another edition of this title.
We guarantee the condition of every book as it's described
on the Abebooks website. If you're dissatisfied with your
purchase (Incorrect Book/Not as Described/Damaged) or if the
order hasn't arrived, you're eligible for a refund within 30
days of the estimated delivery date. If you've changed your
mind about a book that you've ordered, please use the "Ask
bookseller a question link to contact us" and we'll respond
as soon as possible.
If you are a consumer you can cancel the contract in accordance with the following. Consumer means any natural person who is acting for purposes which are outside his trade, business, craft or profession.
INFORMATION REGARDING THE RIGHT OF CANCELLATION
Statutory Right to cancel
You have the right to cancel this contract within 14 days without giving any reason.
The cancellation period will expire after 14 days from the day on which you acquire, or a third party other than the carrier and indicated by you acquires, physical possession of the the last good or the last lot or piece.
To exercise the right to cancel, you must inform us, Motor City Books, Motor City Books, 20509 Sibley Road, 48193, Brownstown, Michigan, U.S.A., +1 253-275-2251, of your decision to cancel this contract by a clear statement (e.g. a letter sent by post, fax or e-mail). You may use the attached model cancellation form, but it is not obligatory. You can also electronically fill in and submit a clear statement on our website, under "My Purchases" in "My Account". If you use this option, we will communicate to you an acknowledgement of receipt of such a cancellation on a durable medium (e.g. by e-mail) without delay.
To meet the cancellation deadline, it is sufficient for you to send your communication concerning your exercise of the right to cancel before the cancellation period has expired.
Effects of cancellation
If you cancel this contract, we will reimburse to you all payments received from you, including the costs of delivery (except for the supplementary costs arising if you chose a type of delivery other than the least expensive type of standard delivery offered by us).
We may make a deduction from the reimbursement for loss in value of any goods supplied, if the loss is the result of unnecessary handling by you.
We will make the reimbursement without undue delay, and not later than 14 days after the day on which we are informed about your decision to cancel with contract.
We will make the reimbursement using the same means of payment as you used for the initial transaction, unless you have expressly agreed otherwise; in any event, you will not incur any fees as a result of such reimbursement.
We may withhold reimbursement until we have received the goods back or you have supplied evidence of having sent back the goods, whichever is the earliest.
You shall send back the goods or hand them over to us or Motor City Books, Motor City Books ATTN: Returns, 2337 Centerline Industrial Dr, 63146, St. Louis, Missouri, U.S.A., +1 253-275-2251, without undue delay and in any event not later than 14 days from the day on which you communicate your cancellation from this contract to us. The deadline is met if you send back the goods before the period of 14 days has expired. You will have to bear the direct cost of returning the goods. You are only liable for any diminished value of the goods resulting from the handling other than what is necessary to establish the nature, characteristics and functioning of the goods.
Exceptions to the right of cancellation
The right of cancellation does not apply to:
Model withdrawal form
(complete and return this form only if you wish to withdraw from the contract)
To: (Motor City Books, Motor City Books, 20509 Sibley Road, 48193, Brownstown, Michigan, U.S.A., +1 253-275-2251)
I/We (*) hereby give notice that I/We (*) withdraw from my/our (*) contract of sale of the following goods (*)/for the provision of the following goods (*)/for the provision of the following service (*),
Ordered on (*)/received on (*)
Name of consumer(s)
Address of consumer(s)
Signature of consumer(s) (only if this form is notified on paper)
Date
* Delete as appropriate.
All domestic Standard and Expedited shipments are distributed from our warehouses by OSM, then handed off to the USPS for final delivery.
2-Day Shipping is delivered by FedEx, which does not deliver to PO boxes.
International shipments are tendered to the local postal service in the destination country for final delivery – we do not use courier services for international deliveries.
| Order quantity | 4 to 8 business days | 4 to 8 business days |
|---|---|---|
| First item | £ 0.00 | £ 0.00 |
Delivery times are set by sellers and vary by carrier and location. Orders passing through Customs may face delays and buyers are responsible for any associated duties or fees. Sellers may contact you regarding additional charges to cover any increased costs to ship your items.