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Introduction to Financial Accounting
Introductory Financial Accounting, 9e provides a unique and perfect blend of robust financial statement analysis with early statement of cash flows coverage. It is directed at those who will analyze real financial statements, and make business decisions based upon that analysis. Real statements are used throughout (Starbucks). Statement of Cash Flows comes earlier in this book than most. Material is focused on analysis of financial statements — ratios introduced early and often, special “Portfolio” section provides a “road map” to financial statement analysis, and special section in end-of-chapter problems focuses on analyzing financial statements (using Starbucks financial statements). Features strong coverage of statement of cash flows (Ch 5) --an essential financial statement, one of growing importance, and should be regarded as a basic statement. For financial accountants.
598 pages, Hardcover
First published January 1, 1984
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400 people want to read
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Displaying 1 - 8 of 8 reviews
January 1, 2024
"Introduction to Financial Accounting" by Charles T. Horngren offers a comprehensive overview of accounting principles with clarity and accessibility. The author adeptly demystifies complex concepts, making them approachable for beginners. The book provides a solid foundation in financial accounting, covering topics like balance sheets, income statements, and cash flow statements. Horngren's engaging writing style and practical examples enhance the learning experience. However, a more in-depth exploration of real-world applications would have been beneficial. Overall, it serves as a valuable resource for those seeking a fundamental understanding of financial accounting in a user-friendly manner.
February 20, 2017
I am relieved to be done with Intro to Financial Accounting on Tuesday, November 15, 2016!!
I got what I wanted out of this class, which was to learn the basics re: balance sheets, income statements, cash flow statements, how the dollar today is worth more than the dollar tomorrow, so don't pay your bill earlier than its due date. I didn't care much about sales, inventories, fixed assets, liabilities and interest, and definitely nothing about stocks.
This textbook was written very clearly, actually, and I spent all my available evenings and weekend time (when I wasn't falling asleep) to carefully read each chapter. Bettina, my friend, and Bonnie, my girlfriend, were both like: "I would just skip to the problems and work backward to read the part you need." I was like: "No, no, that's what I did throughout all of grade school and high school, and I was lost, so this time I will go through it properly." I failed many homework assignments, and for one in particular, my teacher was like: "What happened?" I explained that I hadn't had much time to work on—cash flows—yet. He said the same thing Bettina and Bonnie said, and I was like: D=
My teacher was a jovial older man who cracked jokes nonstop, lectured reallyyy fast, and used this HP 10bII+ Financial Calculator that I ended up getting myself right before the final exam as a prop to feel more legit. I loved holding this calculator, and I still carry it around in my backpack for when I work on budget and expense reports at my job. I found out on the first day of class that most of the others enrolled were also employees at the university and all of us needed to learn Management Accounting (for reports to departmental supervisors), not Financial Accounting (for reports to shareholders)—oh well. I thought I would learn more about best practices for recording transactions and how to file documentation, and there is some of that in this book, but I am still creating my own system of accounting at work. The university is switching over to G.A.A.P. (Generally Accepted Accounting Principles: lol), so it's perfect timing for me to understand this terminology. That, and now I am a Treasurer for B&P:Chi.
My mom does accounting-related work, and three different cousins are in this field, and I'm like: yuck, but now I'm like: ok, cool, I wanna apply this on a personal level but hell no I don't wanna do this as my primary role because it's a nightmare to research why $376 is showing up as $367 and who is responsible for that typo because they're ruining everything!!
::pulls hair::
I got what I wanted out of this class, which was to learn the basics re: balance sheets, income statements, cash flow statements, how the dollar today is worth more than the dollar tomorrow, so don't pay your bill earlier than its due date. I didn't care much about sales, inventories, fixed assets, liabilities and interest, and definitely nothing about stocks.
This textbook was written very clearly, actually, and I spent all my available evenings and weekend time (when I wasn't falling asleep) to carefully read each chapter. Bettina, my friend, and Bonnie, my girlfriend, were both like: "I would just skip to the problems and work backward to read the part you need." I was like: "No, no, that's what I did throughout all of grade school and high school, and I was lost, so this time I will go through it properly." I failed many homework assignments, and for one in particular, my teacher was like: "What happened?" I explained that I hadn't had much time to work on—cash flows—yet. He said the same thing Bettina and Bonnie said, and I was like: D=
My teacher was a jovial older man who cracked jokes nonstop, lectured reallyyy fast, and used this HP 10bII+ Financial Calculator that I ended up getting myself right before the final exam as a prop to feel more legit. I loved holding this calculator, and I still carry it around in my backpack for when I work on budget and expense reports at my job. I found out on the first day of class that most of the others enrolled were also employees at the university and all of us needed to learn Management Accounting (for reports to departmental supervisors), not Financial Accounting (for reports to shareholders)—oh well. I thought I would learn more about best practices for recording transactions and how to file documentation, and there is some of that in this book, but I am still creating my own system of accounting at work. The university is switching over to G.A.A.P. (Generally Accepted Accounting Principles: lol), so it's perfect timing for me to understand this terminology. That, and now I am a Treasurer for B&P:Chi.
My mom does accounting-related work, and three different cousins are in this field, and I'm like: yuck, but now I'm like: ok, cool, I wanna apply this on a personal level but hell no I don't wanna do this as my primary role because it's a nightmare to research why $376 is showing up as $367 and who is responsible for that typo because they're ruining everything!!
::pulls hair::
August 12, 2011
There are some good parts in this book, but its will be mostly useless to SERIOUS BEGINNERS of accounting. Read my review before you buy this book :
There are NO solutions to any of the problems in the book. Worse, there are NO answers to the end of chapter problems and NO hints. How is the student supposed to know if he/she has solved the problem correctly ?
More worse, there is NO students solutions manual and the language is filled with jargon at some points. The excessive use of jargon can be an impediment to learning.
YOU WILL LIKE THIS BOOK VERY MUCH ONLY IF YOU READ IT LIKE A MAGAZINE (ie, CASUALLY). IF YOU USE THIS FOR AN ACCOUNTING EXAM OR COURSE, YOU WILL FIND IT PRETTY USELESS.
I WANT TO WARN EVERYBODY ABOUT THIS BOOK. I WONDER WHAT THE 5 STAR REVIEWERS USED THIS BOOK FOR. I DOUBT IF THEY SOLVED ALL OF THE END PROBLEMS ALL BY THEMSELVES.
There are NO solutions to any of the problems in the book. Worse, there are NO answers to the end of chapter problems and NO hints. How is the student supposed to know if he/she has solved the problem correctly ?
More worse, there is NO students solutions manual and the language is filled with jargon at some points. The excessive use of jargon can be an impediment to learning.
YOU WILL LIKE THIS BOOK VERY MUCH ONLY IF YOU READ IT LIKE A MAGAZINE (ie, CASUALLY). IF YOU USE THIS FOR AN ACCOUNTING EXAM OR COURSE, YOU WILL FIND IT PRETTY USELESS.
I WANT TO WARN EVERYBODY ABOUT THIS BOOK. I WONDER WHAT THE 5 STAR REVIEWERS USED THIS BOOK FOR. I DOUBT IF THEY SOLVED ALL OF THE END PROBLEMS ALL BY THEMSELVES.
August 12, 2011
There are some good parts in this book, but its will be mostly useless to SERIOUS BEGINNERS of accounting. Read my review before you buy this book :
There are NO solutions to any of the problems in the book. Worse, there are NO answers to the end of chapter problems and NO hints. How is the student supposed to know if he/she has solved the problem correctly ?
More worse, there is NO students solutions manual and the language is filled with jargon at some points. The excessive use of jargon can be an impediment to learning.
YOU WILL LIKE THIS BOOK VERY MUCH ONLY IF YOU READ IT LIKE A MAGAZINE (ie, CASUALLY). IF YOU USE THIS FOR AN ACCOUNTING EXAM OR COURSE, YOU WILL FIND IT PRETTY USELESS.
I WANT TO WARN EVERYBODY ABOUT THIS BOOK. I WONDER WHAT THE 5 STAR REVIEWERS USED THIS BOOK FOR. I DOUBT IF THEY SOLVED ALL OF THE END PROBLEMS ALL BY THEMSELVES.
There are NO solutions to any of the problems in the book. Worse, there are NO answers to the end of chapter problems and NO hints. How is the student supposed to know if he/she has solved the problem correctly ?
More worse, there is NO students solutions manual and the language is filled with jargon at some points. The excessive use of jargon can be an impediment to learning.
YOU WILL LIKE THIS BOOK VERY MUCH ONLY IF YOU READ IT LIKE A MAGAZINE (ie, CASUALLY). IF YOU USE THIS FOR AN ACCOUNTING EXAM OR COURSE, YOU WILL FIND IT PRETTY USELESS.
I WANT TO WARN EVERYBODY ABOUT THIS BOOK. I WONDER WHAT THE 5 STAR REVIEWERS USED THIS BOOK FOR. I DOUBT IF THEY SOLVED ALL OF THE END PROBLEMS ALL BY THEMSELVES.
August 12, 2011
There are some good parts in this book, but its will be mostly useless to SERIOUS BEGINNERS of accounting. Read my review before you buy this book :
There are NO solutions to any of the problems in the book. Worse, there are NO answers to the end of chapter problems and NO hints. How is the student supposed to know if he/she has solved the problem correctly ?
More worse, there is NO students solutions manual and the language is filled with jargon at some points. The excessive use of jargon can be an impediment to learning.
YOU WILL LIKE THIS BOOK VERY MUCH ONLY IF YOU READ IT LIKE A MAGAZINE (ie, CASUALLY). IF YOU USE THIS FOR AN ACCOUNTING EXAM OR COURSE, YOU WILL FIND IT PRETTY USELESS.
I WANT TO WARN EVERYBODY ABOUT THIS BOOK. I WONDER WHAT THE 5 STAR REVIEWERS USED THIS BOOK FOR. I DOUBT IF THEY SOLVED ALL OF THE END PROBLEMS ALL BY THEMSELVES.
There are NO solutions to any of the problems in the book. Worse, there are NO answers to the end of chapter problems and NO hints. How is the student supposed to know if he/she has solved the problem correctly ?
More worse, there is NO students solutions manual and the language is filled with jargon at some points. The excessive use of jargon can be an impediment to learning.
YOU WILL LIKE THIS BOOK VERY MUCH ONLY IF YOU READ IT LIKE A MAGAZINE (ie, CASUALLY). IF YOU USE THIS FOR AN ACCOUNTING EXAM OR COURSE, YOU WILL FIND IT PRETTY USELESS.
I WANT TO WARN EVERYBODY ABOUT THIS BOOK. I WONDER WHAT THE 5 STAR REVIEWERS USED THIS BOOK FOR. I DOUBT IF THEY SOLVED ALL OF THE END PROBLEMS ALL BY THEMSELVES.
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August 4, 2011This was a 'choose your own' book offered as a free Kindle upload! LOVED IT!!! This was a short story where you choose one of three directions for the main character to take at different pivitol places in the story. There are a total of 37 different possible endings. I just kept going back and selecting a different scenerio to take to see where the story would go. This is an extremely creative way to present a short story, I can't wait for more!!!
November 23, 2012
i want to read this book for knowledge.
November 13, 2013
Makes a difficult and dull topic a bit more difficult and dull.
Displaying 1 - 8 of 8 reviews