Nelson Higher Education

Higher Education

Financial and Managerial Accounting Using Excel® for Success, 1st Edition

  • includes Essential Resources: Excel Tutorials Printed Access Card
  • James Reeve
  • Carl Warren
  • Jonathan Duchac
  • ISBN-10: 1111535221
  • ISBN-13: 9781111535223
  • 1424 Pages | Hardcover
  • COPYRIGHT: 2012 Published
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Overview

About the Product

FINANCIAL AND MANAGERIAL ACCOUNTING USING EXCEL FOR SUCCESS leads students to accounting mastery while increasing Excel proficiency. Built with the modern business world in mind, this adaptation of the introductory textbook, FINANCIAL AND MANAGERIAL ACCOUNTING, 11E offers an innovative 4-step system for students to: (1) Read the accounting concept and illustration. (2) Follow the same concept using the Excel Success Example. (3) Practice using the "Try It" Tutorial online. (4) Apply knowledge by completing the Excel Success problem in the homework.This text reinforces key accounting concepts through 6 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

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

  • IFRS Features and IFRS PowerPoint Presentation: IFRS "International Connection" features 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, will help instructors and students understand the history, development and impact of this complex topic. In addition, the Mornin' Joe example later in the textbook illustrates what happens when a company goes international, and students can see a complete set of international financial statements.

  • Complete Learning System: Students easily locate the information they need to master course concepts with the Complete Learning System. This innovative system plots a course through the chapter content by displaying the chapter objectives, major topics related to each chapter objective, and related Example Exercises. The reference to the "At a Glance" chapter summary completes this proven system that leads students quickly to the information they need.

  • Clear Transaction Analysis: Chapter 2 offers the following elements to help students understand transaction analysis: (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.

  • 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, dividend yield).

  • Strong Instructor Resources: The test bank offers over 2800 questions and has gone through multiple rounds of verification to ensure accuracy and consistency with the textbook. The PowerPoint slides have been closely reviewed by the authors to be contemporary and comprehensive.

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 and Business.
2. Analyzing Transactions.
3. The Adjusting Process.
4. Completing the Accounting Cycle.
5. Accounting for Merchandising Businesses.
6. Inventories.
7. Sarbanes-Oxley, Internal Control, and Cash.
8. Receivables.
9. Fixed Assets and Intangible Assets.
10. Current Liabilities and Payroll.
11. Corporations: Organization, Stock Transactions, and Dividends.
12. Long-Term Liabilities: Bonds and Notes.
13. Investments and Fair Value Accounting.
14. Statement of Cash Flows.
15. Financial Statement Analysis.
16. Managerial Accounting Concepts and Principles.
17. Job Order Costing.
18. Process Cost Systems.
19. Cost Behavior and Cost-Volume-Profit Analysis.
20. Variable Costing for Management Analysis.
21. Budgeting.
22. Performance Evaluation Using Variances from Standard Costs.
23. Performance Evaluation for Decentralized Operations.
24. Differential Analysis and Product Pricing.
25. Capital Investment Analysis.
26. Cost Allocation and Activity-Based Costing.
27. Cost Management for Just-in-Time Environments.
Appendix A. Interest Tables.
Appendix B. Reversing Entries.
Appendix C. Special Journals and Subsidiary Ledgers.
Appendix D. NIKE, Inc.
Appendix E. International Financial Reporting Standards.

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

WebTutor™ on WebCT, 2 terms (12 months) Instant Access  (ISBN-10: 1111864411 | ISBN-13: 9781111864415)
WebTutor™ on Blackboard®, 2 terms (12 months) Instant Access  (ISBN-10: 1111864438 | ISBN-13: 9781111864439)
Art by Design Practice Set (with Klooster & Allen General Ledger Software)  (ISBN-10: 1111528403 | ISBN-13: 9781111528409)

Interior design firm that also purchases and sells antique furniture.

Aplia  (ISBN-10: 0324827636 | ISBN-13: 9780324827637)

Aplia is an online interactive learning solution that improves comprehension and outcomes by increasing student effort and engagement. Founded by a professor to enhance his own courses, Aplia provides automatically graded assignments (offering end-of-chapter homework and additional problem sets)that were written to make the most of the web medium and contain detailed, immediate explanations on every question. Our easy to use system has been used by more than 1,000,000 students at over 1800 institutions.

Glorious Lawn Care Practice Set with General Ledger Software  (ISBN-10: 1111528284 | ISBN-13: 9781111528287)

This practice set includes a narrative of transactions. Glorious Garden can be completed using either journal entries or the accounting equation.

Digital Revolution Services Practice Set with General Ledger Software  (ISBN-10: 1111528470 | ISBN-13: 9781111528478)

Retail business dealing in sales of computers and peripherals, setup as a corporate entity. It includes a narrative of transactions, which are to be recorded in special journals.

Luxurious Spa Practice Set with General Ledger Software  (ISBN-10: 1111528462 | ISBN-13: 9781111528461)

This practice set is set up as a business that designs and manufactures custom bathroom storage cabinets and sauna units. Luxurious Spa uses only the general ledger.

Student Supplements

Essential Resources: Excel® Tutorials Instant Access Code  (ISBN-10: 1111961905 | ISBN-13: 9781111961909)
WebTutor™ on WebCT, 2 terms (12 months) Instant Access  (ISBN-10: 1111864411 | ISBN-13: 9781111864415)

Succeed in your accounting course with this anytime, anywhere customized learning solution that reinforces and clarifies complex concepts, provides online quizzes with instant feedback and other online learning tools, and keeps you connected to your textbook, instructor, and classmates.

WebTutor™ on Blackboard®, 2 terms (12 months) Instant Access  (ISBN-10: 1111864438 | ISBN-13: 9781111864439)

Succeed in your accounting course with this anytime, anywhere customized learning solution that reinforces and clarifies complex concepts, provides online quizzes with instant feedback and other online learning tools, and keeps you connected to your textbook, instructor, and classmates.

Art by Design Practice Set (with Klooster & Allen General Ledger Software)  (ISBN-10: 1111528403 | ISBN-13: 9781111528409)

Interior design firm that also purchases and sells antique furniture.

Aplia  (ISBN-10: 0324827636 | ISBN-13: 9780324827637)

Aplia is an online interactive learning solution that improves comprehension and outcomes by increasing student effort and engagement. Founded by a professor to enhance his own courses, Aplia provides automatically graded assignments (offering end-of-chapter homework and additional problem sets)that were written to make the most of the web medium and contain detailed, immediate explanations on every question. Our easy to use system has been used by more than 1,000,000 students at over 1800 institutions.

Glorious Lawn Care Practice Set with General Ledger Software  (ISBN-10: 1111528284 | ISBN-13: 9781111528287)

This practice set includes a narrative of transactions. Glorious Garden can be completed using either journal entries or the accounting equation.

Digital Revolution Services Practice Set with General Ledger Software  (ISBN-10: 1111528470 | ISBN-13: 9781111528478)

Retail business dealing in sales of computers and peripherals, setup as a corporate entity. It includes a narrative of transactions, which are to be recorded in special journals.

Luxurious Spa Practice Set with General Ledger Software  (ISBN-10: 1111528462 | ISBN-13: 9781111528461)

This practice set is set up as a business that designs and manufactures custom bathroom storage cabinets and sauna units. Luxurious Spa uses only the general ledger.