Financial & Managerial Accounting

Dr. Carl S. Warren is professor emeritus of accounting at the University of Georgia, Athens. For more than 25 years, Dr. Warren taught all levels of accounting courses, with a primary focus on introductory accounting and auditing. Dr. Warren has taught classes at the University of Iowa, Michigan State University and University of Chicago. He received his Ph.D. from Michigan State University and his B.A.A. and M.A. from the University of Iowa. During his career, Dr. Warren published numerous articles in professional journals, including The Accounting Review, Journal of Accounting Research, Journal of Accountancy, The CPA Journal and Auditing: A Journal of Practice and Theory. Dr. Warren’s outside interests include handball, backpacking, skiing, hiking, fly-fishing and golf. He also tries to spend as much time as possible with his five grandchildren (two sets of twins). Dr. Warren and his wife reside in Montana. Jefferson Jones is an Associate Professor of Accounting in the School of Accountancy at Auburn University where he teaches financial accounting and applied financial research. William B. Tayler is the Robert J. Smith Professor of Accountancy in the Marriott School of Business at Brigham Young University. Dr. Tayler is an internationally renowned, award winning accounting teacher and researcher.

• 1. Introduction to Accounting and Business.2. Analyzing Transactions.3. The Adjusting Process.4. Completing the Accounting Cycle.5. Accounting for Merchandising Businesses.6. Inventories.7. Internal Control and Cash.8. Receivables.9. Long-Term Operating Assets.10. Liabilities: Current, Notes, and Contingencies.11. Liabilities: Bonds Payable.12. Corporations: Organization, Stock Transactions, and Dividends.13. Statement of Cash Flows.14. Financial Statement Analysis.15. Introduction to Managerial Accounting.16. Job Order Costing.17. Process Costing.18. Activity-Based Costing.19. Support Department and Joint Cost Allocation.20. Cost-Volume-Profit Analysis.21. Variable Costing for Management Analysis.22. Budgeting.23. Evaluating Variances from Standard Costs.24. Evaluating Decentralized Operations.25. Differential Analysis and Product Pricing.26. Capital Investment Analysis.27. Lean Manufacturing and Activity Analysis.28. The Balanced Scorecard and Sustainability.Appendix A: Present Value Tables.Appendix B: Selected Topics.Topic 1: Investments.Topic 2: Reporting Unusual Items and Comprehensive Income.Topic 3: Foreign Currency Transactions.Topic 4: Corporate Taxes.Appendix C: Nike Inc., Selected Excerpts from Form 10-K (May 31, 2023).Glossary.Index.Online Appendixes.Appendix O-1 Reversing Journal Entries.Appendix O-2 Special Journals and Subsidiary Ledgers.Appendix O-3 Revenue Recognition.Appendix O-4 International Accounting Standards.