Description

Product Description

The new, revised, and updated edition of the popular textbook for introductory accounting courses

Accounting plays a central role in a multitude of areas, from everyday personal finance to global corporate operations. Introduction to Accounting helps students understand the concepts, principles, methods, and mechanisms of the field. Designed to benefit all students, regardless of major, this innovative textbook integrates life skills and business skills to provide an accessible, engaging introduction to accounting. Rather than separating financial accounting from managerial accounting, this textbook demonstrates how to plan and evaluate business activities from both external and internal reporting perspectives.

Now in its eight edition, Introduction to Accounting enables students to understand both the nature and functions of business and the mechanics of the bookkeeping process. Three organizing themes—the accounting information system, business processes, and the balanced scorecard—help students learn why and how activities are planned and evaluated by different stakeholders. Based on extensive instructor feedback, as well as the authors’ six decades of combined teaching experience, this new edition has been thoroughly revised to enhance readability and highlight real-world examples. A complete array of pedagogical tools includes improved and expanded learning objectives, updated definitions, questions and problem sets, newcritical-thinking and ethical-challenge exercises, and more.

Focuses on accounting as an information system used in each business processes to provide information to plan and evaluate activities

Stimulates interest in the field of accounting with relatable, reader-friendly narrative

Employs various pedagogical devices to stimulate active and cooperative learning for students

Uses the example of Apple, Inc. throughout the text to illustrate central concepts and significant issues

Includes extensive online support including test problems and essay exercises for every chapter of the text, PowerPoint slides and Excel templates, downloadable solution manuals, and links to professional resources

Offering a wealth of instructor resources, Introduction to Accounting, 8th Edition is ideally suited for introductory accounting courses in both high school and university-level settings.

From the Publisher

Penne Ainsworth, Ph.D., CPA, CMA (inactive), and CIA (inactive),is Emeritus Professor, University of Wyoming. She received her Ph.D. from the University of Nebraska and is the former Chairperson and emeritus professor in the Department of Accounting and Finance. She was also the Associate Dean for the College of Business at the University of Wyoming. She received the AICPA Distinguished Achievement in Accounting Education Award in 2016. Her research focused on managerial accounting, accounting education, and assessment. She has been published in-Issues in Accounting Education and other journals. She was President of the Wyoming Society of CPAs in 2015-2016.

Dan Deines is Retired Professor, Kansas State University. He received his undergraduate degree in history from Fort Hays State University, a master’s in business from Emporia State University, and his Ph.D. in accounting from the University of Nebraska. He had been at Kansas State University since 1982 and was the Ralph Crouch, KPMG Professor of Accounting. He was president of the Kansas Society of CPAs for 2003–2004; and was designated an Academic Pathfinder by the AICPA and in May 2007 received the AICPA’s Distinguished Achievement in Accounting Education Award. In 2014, he received the AICPA’s Special Recognition Award and in 2017 Emporia State University presented him with their Distinguished Alumni Award.

About the Author