Fred Phillips,
University of Saskatchewan Robert Libby,
Cornell University---Ithaca Patricia Libby,
Ithaca College
ISBN: 0072881372 Copyright year: 2006
Feature Summary
Focus Company approach--each chapter is built around the real financial statements of one student-oriented company. Contrast companies integrated for further illustration.
Very extensive end of chapter materials arranged by level of difficulty and in learning objective order.
Building Block approach to teaching financial accounting.
Self Study Quizzes embedded throughout each chapter.
Accounting Ethics incorporated into most chapters in crisp "Question of Ethics" discussions.
"Inside Outside" feature presents the discussion of the real-world focus company from two perspectives: First students see how a difficult financial reporting decision is made by an accounting professional. Second, students discover how this reporting decision could influence the decisions of those using financial statements to gather information.
Student-oriented at-a-glance instructional guidance and learning tips in the margins of the text including "Coaches Corner" and "You Should Know".
Short "Point of Interest" margin notes provide intriguing and relevant points of interest to students, directly related to the company being used as an example in the chapter.
Every chapter is organized around the "USER" approach. 1)Understand the context of the accounting decision. 2) Study the decision and accounting procedure are a preparer inside the company. 3)Evaluate the impact of the accounting decision as a user outside the company. 4) Reunite the preparer and user perspective.
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2006 McGraw-Hill Higher Education