Nelson Higher Education

Higher Education

Accounting Using Excel® for Success, 2nd Edition

  • includes Essential Resources Excel Tutorials Printed Access Card
  • James Reeve
  • Carl Warren
  • Jonathan Duchac
  • ISBN-10: 1111535213
  • ISBN-13: 9781111535216
  • 1368 Pages | Hardcover
  • Previous Editions: 2011
  • COPYRIGHT: 2012 Published
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Overview

About the Product

ACCOUNTING USING EXCEL® FOR SUCCESS, 2E leads students to accounting mastery while increasing Excel® proficiency. Written with the modern business world in mind, this adaptation of the principles text--ACCOUNTING, 24E--offers an innovative four-step system for students: (1) read the accounting concept and illustration, (2) follow the same concept using the Excel® Success Example, (3) practice using the "Try It" Tutorial, and (4) apply knowledge by completing the Excel® Success Problem.This text reinforces key accounting concepts through six basic Excel® formulas. Students build an Excel® portfolio to demonstrate basic competencies in accounting and Excel®. There is no auto-graded online homework product with this product.

Features

  • Each chapter offers basic Excel® Success Examples to help students understand accounting concepts. These illustrations are clear and easy-to-understand so that students can learn independently at their own pace. Students will learn how to use Excel® as a helpful tool in accounting and business.

About the Author

James Reeve

Dr. James M. Reeve is Professor Emeritus of Accounting and Information Management at the University of Tennessee. Professor Reeve taught as part of the accounting faculty for 25 years after graduating with his PhD from Oklahoma State University. His teaching effort focused on undergraduate accounting principles and graduate education in the Master of Accountancy and Senior Executive MBA programs. Beyond this, Professor Reeve is very active in the Supply Chain Certification program, which is a major executive education and research effort of the college. His research interests are varied and include work in managerial accounting, supply chain management, lean manufacturing, and information management. He has published over 40 articles in academic and professional journals, including Journal of Cost Management, Journal of Management Accounting Research, Accounting Review, Management Accounting Quarterly, Supply Chain Management Review, and Accounting Horizons. He has consulted or provided training around the world for a variety of organizations, including Boeing, Procter & Gamble, Norfolk Southern, Hershey Foods, Coca-Cola, and Sony. When not writing books, Professor Reeve plays golf and is involved in faith-based activities.

Carl Warren

Dr. Carl S. Warren is professor emeritus of accounting at the University of Georgia, Athens. For more than 25 years, Dr. Warren has taught all levels of accounting classes. In recent years, he has focused his teaching efforts on principles of accounting and auditing courses. Dr. Warren has taught classes at the University of Iowa, Michigan State University and University of Chicago. He received his Ph.D. from Michigan State University and his B.A.A. and M.A. from the University of Iowa. During his career, Dr. Warren published numerous articles in professional journals, including The Accounting Review, Journal of Accounting Research, Journal of Accountancy, The CPA Journal and Auditing: A Journal of Practice and Theory. Dr. Warren’s outside interests include handball, skiing, hiking, fly-fishing, and golf. He also spends time backpacking in U.S. national parks (Yellowstone and the Grand Canyon), playing with his grandchildren and riding ATVs and motorcycles.

Jonathan Duchac

Dr. Jonathan Duchac is the Wayne Calloway Professor of Accounting and Acting Associate Dean of Accounting Programs at Wake Forest University. He earned his PhD in accounting from the University of Georgia and currently teaches introductory and advanced courses in financial accounting. Dr. Duchac has received a number of awards during his career, including the Wake Forest University Outstanding Graduate Professor Award, the T.B. Rose award for Instructional Innovation, and the University of Georgia Outstanding Teaching Assistant Award. In addition to his teaching responsibilities, Dr. Duchac has served as Accounting Advisor to Merrill Lynch Equity Research, where he worked with research analysts in reviewing and evaluating the financial reporting practices of public companies. He has testified before the U.S. House of Representatives, the Financial Accounting Standards Board, and the Securities and Exchange Commission and has worked with a number of major public companies on financial reporting and accounting policy issues. In addition to his professional interests, Dr. Duchac is an avid mountain biker and snow skier.

Table of Contents

1. Introduction to Accounting & Business.
2. Analyzing Transactions.
3. The Adjusting Process.
4. Completing the Accounting Cycle.
5. Accounting Systems.
6. Accounting for Merchandise.
7. Inventories.
8. Sarbanes-Oxley, Internal Control and Cash.
9. Receivables.
10. Fixed Assets and Intangible Assets.
11. Current Liabilities & Payroll.
12. Accounting for Partnership & LLCs.
13. Corporations: Organizations, Stock Transactions, & Dividends.
14. Long-Term Liabilities: Bonds & Notes.
15. Investment & Fair Value Accounting.
Mornin' Joe Financial Statement (U.S. GAAP).
Mornin' Joe Financial Statement (IFRS).
16. Statement of Cash Flows.
17. Financial Statement Analysis.
18. Managerial Accounting Concepts & Principles.
19. Job Order Costing.
20. Process Cost Systems.
21. Cost Behavior & Cost-Volume-Profit Analysis.
22. Budgeting.
23. Performance Evaluation Using Variances from Standard Costs.
24. Performance Evaluation for Decentralized Operations.
25. Differential Analysis, Product Pricing, and Activity-Based Costing.
26. Capital Investment Analysis.

New to this edition

  • NEW IFRS Features, IFRS PowerPoint® Presentation, and IFRS Pamphlet: IFRS features called "International Connection" throughout the text alert students to accounting concepts that are impacted by IFRS. Students can then refer to an IFRS table in the Appendix to understand how GAAP and IFRS differ and how that ties to textbook concepts. A supplemental PowerPoint® presentation on IFRS, presented by author Jim Reeve, helps instructors and students understand the history, development, and impact of this complex topic. In addition, the Mornin' Joe example after Chapter 15 illustrates what happens when a company goes international, and students can see a complete set of international financial statements.
  • Enhanced Learning System: Students can easily locate the information they need to efficiently master course concepts. At the beginning of every chapter, students have a map of the chapter objectives, related topics and outcomes, Example Exercises in the chapter, and corresponding Practice Exercises in the homework. The "At a Glance" chapter summary completes this proven system that leads students quickly to the information they need.
  • Enhanced Transaction Analysis: This new format in Chapter 2 includes the following elements: (1) transaction description, (2) analysis, (3) journal entry, and (4) accounting equation impact using T accounts. This helps students understand how to analyze and record transactions. In Chapter 3, it describes and illustrates adjusting entries.
  • NEW Table Summarizing Common Transaction Terminology: In Chapter 2, students see common transaction terms and the related accounts that are debited and credited in a journal entry. This table aids students in preparing journal entries for homework and test purposes.
  • Enhanced Instructor Resources: The test bank has been updated and enhanced with multiple rounds of verification to ensure accuracy and consistency with the textbook. The PowerPoint® slides have been closely reviewed and updated by the authors to be contemporary and comprehensive.
  • Activity-Based Costing has been added to the managerial accounting portion of ACCOUNTING, 24e.
  • NEW Financial Analysis and Interpretation learning objectives take the accounting concepts presented in the chapter and apply them to real-world situations (i.e., horizontal analysis, segment analysis, revenue per employee, and dividend yield).
  • Updated Chapter 15: The authors added an illustration of an interest-earned timeline to help students see interest calculations for bonds. The presentation and end-of-chapter materials have been simplified for valuing and reporting trading and available-for-sale securities.
  • The Appendix for Held-to-Maturity Investments was moved to the companion website: www.cengage.com/accounting/warren.

Supplements

All supplements have been updated in coordination with the Main title.
Please see Main title page for new to this edition information.

Instructor Supplements

Essential Resources: Excel Tutorials, 2 terms (12 months) Instant Access  (ISBN-10: 1111748055 | ISBN-13: 9781111748050)
Solutions Manual, Chapters 1-17  (ISBN-10: 0538478675 | ISBN-13: 9780538478670)

The Solutions Manual contains answers to all exercises, problems, and activities that appear in the text. As always, the solutions are author-written and verified multiple times for numerical accuracy and consistency with the core text.

Solutions Manual, Chapters 18-25  (ISBN-10: 0538478683 | ISBN-13: 9780538478687)

The Solutions Manual contains answers to all exercises, problems, and activities that appear in the text. As always, the solutions are author-written and verified multiple times for numerical accuracy and consistency with the core text.

Instructor's Resource CD-ROM  (ISBN-10: 1111528349 | ISBN-13: 9781111528348)

This convenient resource includes the PowerPoint® Presentations (Exhibit, Lecture and Student Learning), Instructor's Manual, Solutions Manual, Test Bank, ExamView®, Achievement Tests, Klooster/Allen Inspector, and Excel Template Solutions. All the basic material an instructor would need is available in one convenient place on this IRCD. All end-of-chapter materials featured in the solutions manual have been updated.

Student Supplements

Essential Resources: Excel Tutorials, 2 terms (12 months) Instant Access  (ISBN-10: 1111748055 | ISBN-13: 9781111748050)