Financial Accounting 11th Edition By Robert Libby
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ISBN-10 : 1264229739
ISBN-13 : 978-1264229734
Libby/Libby/Hodge wrote this textual content based mostly on their perception that the topic of economic accounting is inherently fascinating, however monetary accounting textbooks are sometimes not. They imagine that accounting is an thrilling area of research and one that’s essential to future careers in enterprise. When penning this textual content, they thought-about profession relevance as their information when choosing materials, and the necessity to interact the coed as their information to fashion, pedagogy, and design.
Financial Accounting 11e efficiently implements a real-world, single focus firm method in each chapter. The businesses chosen are participating and the decision-making focus reveals the relevance of economic accounting no matter if a scholar has chosen to main in accounting.
Libby/Libby/Hodge believes within the building-block method to educating transaction evaluation. Most school agree that mastery of the accounting cycle is important to success in monetary accounting, and but most monetary texts introduce and develop transaction evaluation in a single chapter, bombarding a scholar early within the course with an overload of latest ideas and phrases. The authors decelerate the introduction of transactions, giving college students time to follow and acquire mastery. This building-block method results in higher scholar success of their research of later subjects in monetary accounting resembling adjusting entries.
In regards to the Creator
Patricia Libby is chair of the division of accounting and an affiliate professor of accounting at Ithaca Faculty, the place she teaches the undergraduate monetary accounting course. She beforehand taught graduate and undergraduate monetary accounting at Jap Michigan College and the College of Texas. Earlier than coming into academia, she was an auditor with Value Waterhouse (now PricewaterhouseCoopers) and a monetary administrator on the College of Chicago. She acquired her B.S. from Pennsylvania State College, her M.B.A from DePaul College, and her Ph.D. from the College of Michigan; she additionally efficiently accomplished the CPA examination (Illinois). Pat has printed articles in The Accounting Evaluation, Points in Accounting Schooling, and The Michigan CPA and can also be school advisor to Beta Alpha Psi and the Ithaca Faculty Accounting Affiliation.
Frank Hodge is the chair of the Accounting Division and the Michael G. Foster Endowed Professor on the College of Washington’s Foster College of Enterprise. He additionally serves within the President’s Workplace because the College of Washington’s College Athletics Consultant to the PAC-12 Convention and the Nationwide Collegiate Athletic Affiliation.
Frank joined the college on the College of Washington in 2000. He earned his MBA and PhD levels from Indiana College. He has gained over 30 educating awards on the College of Washington educating monetary accounting and monetary assertion evaluation to undergraduate college students, full-time MBA college students, government MBA college students, and intercollegiate athletic directors. Frank’s analysis focuses on how people use accounting data to make funding choices and the way know-how influences their data decisions.
Frank was certainly one of six members of the Financial Accounting Requirements Analysis Initiative crew and has offered his analysis on the Securities and Alternate Fee. He has printed articles in The Accounting Evaluation; Journal of Accounting Analysis; Modern Accounting Analysis; Accounting, Organizations, and Society; and a number of other different journals. Frank lives in Seattle together with his spouse and two daughters.
Robert Libby is the David A. Thomas Professor of Accounting and Accounting Space Coordinator at Cornell College, the place he teaches the introductory monetary accounting course. He beforehand taught on the College of Illinois, Pennsylvania State College, the College of Texas at Austin, the College of Chicago, and the College of Michigan. He acquired his BS from Pennsylvania State College and his MAS and PhD from the College of Illinois; he additionally efficiently accomplished the CPA examination (Illinois).
Bob was chosen because the AAA Excellent Educator in 2000 and acquired the AAA Excellent Service Award in 2006 and the AAA Notable Contributions to the Literature Award in 1985 and 1996. He has acquired the Core College Instructing Award a number of instances at Cornell. Bob is a broadly printed creator and researcher specializing in behavioral accounting. He has printed quite a few articles in The Accounting Evaluation; Journal of Accounting Analysis; Accounting, Organizations, and Society; and different accounting journals. He has held quite a lot of places of work together with vice chairman, within the American Accounting Affiliation, and he’s a member of the American Institute of CPAs and the editorial boards of The Accounting Evaluation and Accounting, Organizations, and Society.
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