FINANCIAL ACCOUNTING

[...]... of the American Accounting Association and the Institute of Management Accountants and has published articles in Accounting Review, Accounting Horizons, Advances in Management Accounting, Managerial Finance, Issues in Accounting Education, Journal of Accounting Education, as well as other journals His research interests include accounting for financial instruments and innovation in accounting education... Emeritus Professor of Accounting at the University of Wisconsin— Madison He holds a Ph.D in accounting from the University of Illinois Articles by Professor Weygandt have appeared in the Accounting Review Journal of Accounting Research, Accounting Horizons, Journal of Accountancy, and other academic and professional journals These articles have examined such financial reporting issues as accounting for price-level... success! Innovative Products: New IFRS Editions of Kieso, Intermediate Accounting and Weygandt, Financial Accounting are the most current and only textbooks available based fully on International Financial Reporting Standards Wiley Accounting also offers numerous IFRS resources that can serve to supplement your course Exclusive Content: Our accounting publications feature more quality and current coverage... 622 Financial Analysis: The Big Picture 684 APPENDICES A Specimen Financial Statements: Tootsie Roll Industries, Inc A-1 B Specimen Financial Statements: The Hershey Company B-1 C Specimen Financial Statements: Zetar plc C-1 D Time Value of Money D-1 E Reporting and Analyzing Investments E-1 xix FM.qxd 10/13/10 11:38 AM Page xx Contents chapter 1 chapter 3 Introduction to Financial Statements The Accounting. .. the American Accounting Association In addition, he has been actively involved with the American Institute of Certified Public Accountants and has been a member of the Accounting Standards Executive Committee (AcSEC) of that organization He has served on the FASB task force that examined the reporting issues related to accounting for income taxes and served as a trustee of the Financial Accounting Foundation... via email at: AccountingAuthors@yahoo.com Paul D Kimmel Milwaukee, Wisconsin Jerry J.Weygandt Madison, Wisconsin Donald E Kieso DeKalb, Illinois FM.qxd 10/13/10 11:38 AM Page xviii FM.qxd 10/13/10 11:38 AM Page xix Brief Contents 1 2 3 4 5 6 7 8 9 10 11 12 13 Introduction to Financial Statements 2 A Further Look at Financial Statements 46 The Accounting Information System 100 Accrual Accounting Concepts... Professor Weygandt is author of other accounting and financial reporting books and is a member of the American Accounting Association, the American Institute of Certified Public Accountants, and the Wisconsin Society of Certified Public Accountants He has seved on numerous committees of the American Accounting Association and as a member of the editorial board of the Accounting Review; he also has served... 743 appendix A Speciman Financial Statements: Tootie Roll Industries, Inc A-1 The Annual Report A-1 Financial Highlights A-1 Letter to the Stockholders A-2 Management Discussion and Analysis A-6 Management’s Report on Internal Control and Management Certifications of Financial Statements A-16 Financial Statements and Accompanying Notes A-17 Auditor’s Report A-32 Supplementary Financial Information A-33... challe nges in how y ou teach and how your students learn Accounting The Wiley Accounting Team for Success is ready when you are to help prepare you and your students for the integration of IFRS into your courses No matter where you are in this transition, Wiley Accounting is here to provide the tools you need to fully incorporate IFRS into your accounting courses We offer the most extensive Products,... ways: The Accounting Cycle For many students, success in an introductory accounting course hinges on developing a sound conceptual understanding of the accounting cycle In the past, we have received positive feedback regarding the framework that we have employed to introduce the recording process in Chapter 3 In this edition, we have expanded our use of this framework to cover the entire accounting . Hoboken, NJ 0703 0-5 774, (201)74 8-6 011, fax (201)74 8-6 008, website http://www.wiley.com/go/permissions. To order books or for customer service please, call 1-8 00-CALL WILEY (22 5-5 945). Paul D agencies. • Updated end-of-chapter material and added a new Research Case. End-of-Textbook New Appendix C, financial statements of Zetar plc (U.K. candy company). Appendix D: Updated end-of-chapter material. FM.qxd. Weygandt, PhD, CPA; and Donald E. Kieso, PhD, CPA Financial Accounting, Sixth Edition ISBN-13 97 8-0 -4 7 0-5 347 7-9 Printed in the United States of America 10 9 8 7 6 5 4 3 2 1 FM.qxd 10/16/10 12:23