Financial Accounting: Concepts, Methods, and Applications (10th Edition): Concepts, Methods, and Applications

Author: Steve Nieh
Publisher:
Publish Date: 2004-02-01
Features: Helps students fully understand the basic concepts involved in financial statements, enabling them to apply these concepts in different new environments. Teaches students some accounting terms and methods, allowing them to understand, analyze, and evaluate financial statements, which are often published in company annual reports. This book emphasizes the theoretical foundation and practical implications of important accounting concepts. Each chapter begins by identifying key accounting concepts. Some numerical examples are provided to illustrate the application of the concepts to be discussed. For each chapter in this book, the accompanying workbook Steve Nieh's Exercises includes many short exercises to assess students' ability to apply concepts in different problem contexts. The book consists of 14 chapters, divided into four parts: Part I, Chapter 1, provides a general overview of financial statements. Part II, Chapters 2–5, discusses the basic accounting models used in preparing major financial statements. Part III, Chapters 6–13, covers specific accounting principles or methods used in preparing financial statements. Finally, Part IV, Chapter 14, provides a comprehensive summary and review of Chapters 1–13. These four parts serve as key steps or milestones in the entire process of learning financial accounting. The appendix at the end of the book describes the methods for compound interest and present value calculations and provides relevant data tables for students who have not previously studied this material. This book is suitable for undergraduate and graduate students in accounting programs and other non-accounting majors. It is a supplementary book for Financial Accounting: Concepts, Methods, and Applications by Steve Nieh and Romona L., and includes "Chapter Highlights" and "Questions, Exercises, Problems, and Cases." The "Chapter Highlights" section concisely introduces the key points covered in each chapter. The book contains many short exercises to assess students' ability to apply concepts in different problem contexts. The exercises, problems, and cases are related to the topics discussed in each chapter. By solving these problems, students can improve their ability to understand the information disclosed in financial statements.