An indispensable companion to the classic introduction to accounting principles and practices
This tutorial helps students boost their success rate in solving accounting exam questions. Each chapter begins with a clear definition of learning objectives and provides a framework for achieving those objectives. The authors alert readers to common pitfalls, remind them of key terms, concepts, and relationships, and explore the intricacies of complex accounting situations and how to address them. The book features numerous exercises, along with multiple choice questions typical of those found on accounting examswith fully-worked solutionsas well as in-depth explanations of how the solutions were derived and why.
Jerry J. Weygandt, PhD, CPA, is Arthur Andersen Alumni 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 adjustments, pensions, convertible securities, stock option contracts, and interim reports. 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 served on numerous committees of the American Accounting Association and as a member of the editorial board of the Accounting Review; he also has served as President and Secretary-Treasurer of the American Accounting Association. He is the recipient of the Wisconsin Institute of CPAs Outstanding Educator's Award and the Lifetime Achievement Award. In 2001 he received the American Accounting Association's Outls#