Business

• NEW - Analytical approach (without skimping on procedural details)—Focuses on the core topics. Revsine is the only book that combines 1) how to prepare a financial statement, with 2) an analysis of what the numbers truly mean.

• NEW - Procedural coverage and review—Now includes an appendix at the end of Chapter 2 to review key procedures. In addition, faculty can package the text with the 2001 GAAP guide (a savings of over $50.00) or the Accounting Made Easy software package for a nominal price.

  • Students get the review they need without having to purchase a separate supplement or wade through an exhaustive review of financial accounting.

• NEW - Incentives—Every manager has incentives to present his or her firm in the most favorable light to lenders, equity investors and others. And, every manager wants to use the flexibility allowed by GAAP to manage the firm's earnings to achieve certain goals.

  • Students see how California Micro Devices manipulated the numbers in the annual report to report a profit when they actually lost money!

  • Students learn what happened at Bausch & Lomb when managers treated shipments of products to distributors as final sales. Students reading traditional texts would only know that receivables increased, while students learning from Revsine, 2/E would know that something was amiss when collections slowed and receivables increased faster than sales.

• NEW - Chapter 3 on income recognition—This new chapter contains a discussion of specialized areas of revenue recognition including SEC Staff Accounting Bulletin 101 on revenue recognition as well as other earnings management issues.

• NEW - Derivative securities and hedge accounting (Chapter 11)—Features an expanded discussion of derivative securities, hedging transactions, and hedge accounting. The authors explain complex business transactions in words and graphs, followed by explanations of the various accounting rules that apply.

• NEW - Apples to apples comparisons—Companies use different accounting methods. Transforming the numbers to a common base shows students how it is possible to evaluate companies that make different accounting choices. The key is using actual accounting footnote information provided throughout the text.

  • Students can undo the financial choices made, “get behind” the reported numbers, and use the footnotes to recast the choices and obtain a true comparison.

  • Lubrizon/Cambrex—Students are presented with two companies that use two different depreciation methods and are shown how to compare them by analyzing the income tax footnote.

  • United Airlines/Southwest Airlines—Students will learn to compare companies that use different fixed asset useful lives.

  • Vacu-Dry Company—Students are shown how to transform LIFO numbers to a FIFO basis.

• Analytical approach (without skimping on procedural details)—Focuses on the core topics. Revsine is the only book that combines 1) how to prepare a financial statement, with 2) an analysis of what the numbers truly mean.

• Procedural coverage and review—Now includes an appendix at the end of Chapter 2 to review key procedures. In addition, faculty can package the text with the 2001 GAAP guide (a savings of over $50.00) or the Accounting Made Easy software package for a nominal price.

  • Students get the review they need without having to purchase a separate supplement or wade through an exhaustive review of financial accounting.

• Incentives—Every manager has incentives to present his or her firm in the most favorable light to lenders, equity investors and others. And, every manager wants to use the flexibility allowed by GAAP to manage the firm's earnings to achieve certain goals.

  • Students see how California Micro Devices manipulated the numbers in the annual report to report a profit when they actually lost money!

  • Students learn what happened at Bausch & Lomb when managers treated shipments of products to distributors as final sales. Students reading traditional texts would only know that receivables increased, while students learning from Revsine, 2/E would know that something was amiss when collections slowed and receivables increased faster than sales.

• Chapter 3 on income recognition—This new chapter contains a discussion of specialized areas of revenue recognition including SEC Staff Accounting Bulletin 101 on revenue recognition as well as other earnings management issues.

• Derivative securities and hedge accounting (Chapter 11)—Features an expanded discussion of derivative securities, hedging transactions, and hedge accounting. The authors explain complex business transactions in words and graphs, followed by explanations of the various accounting rules that apply.

• Apples to apples comparisons—Companies use different accounting methods. Transforming the numbers to a common base shows students how it is possible to evaluate companies that make different accounting choices. The key is using actual accounting footnote information provided throughout the text.

  • Students can undo the financial choices made, “get behind” the reported numbers, and use the footnotes to recast the choices and obtain a true comparison.

  • Lubrizon/Cambrex—Students are presented with two companies that use two different depreciation methods and are shown how to compare them by analyzing the income tax footnote.

  • United Airlines/Southwest Airlines—Students will learn to compare companies that use different fixed asset useful lives.

  • Vacu-Dry Company—Students are shown how to transform LIFO numbers to a FIFO basis.

1. The Economic and Institutional Setting for Financial Reporting.

Financial Reporting/Financial Statement Analysis  (Accounting and Taxation)
Intermediate Accounting (2 or 3 semesters)  (Accounting and Taxation)

Lawrence Revsine. John and Norma Darling Distinguished Professor of Financial Accounting. Kellogg Graduatt School of Management, Northwestern University, BS 1963, MBA 1965, Ph.D. 19681 Northwestern University; CPA 1963

Lawrence Revsine joined the Kellogg faculty in 1971 and served as chair of the Accounting Information and Management Department for eight years.

The author of several books on various financial reporting issues, he has had approximately 50 articles published in leading academic journals.

His academic recognitions include participation in three American Accounting Association Doctoral Consortia. He has received both Ford Foundation and Peat Marwick Mitchell Foundation research grants. He was selected the American Accounting Association's; Distinguished Overseas Lecturer, and the AAA named him the 1992 Outstanding Educator.: The Illinois CPA Society designated Revsine its 1993 Outstanding Educator. Professors Revsine received the Alumni Choice Faculty Award from the 1995 Reunion Classes; this award is given to the Kellogg faculty member who has had the greatest impact on their professional and personal lives.

Professor Revsine has been a consultant to the American Institute of Certified Public: Accountants, the Securities and Exchange Commission, and the Financial Accounting; Standards Board and served on the Financial Accounting Standards Advisory Council.

He is a consultant to industry on external reporting issues and regulatory cases and has taught extensively in management development and continuing executive education programs in the United States and abroad. Professor Revsine has received numerous commendations for teaching excellence, including Teacher of the Year from the Kellogg Graduate Management Association student group, and the Sidney J. Levy Teaching Award, presented by the Kellogg Dean's Office.

Daniel W. Collins. Henry B. Tippie Research Chair in Accounting, Tippie College of Business, The University of Iowa. BBA 1968, Ph.D. 1973, The University of Iowa

Winner of the University of Iowa Board of Regents Award for Faculty Excellence in 2000 and the American Accounting Association's Outstanding Educator Award in 2001, Dan currently serves as the Chairman of the Accounting Department at The University G Professor Collins' research focuses on the role of accounting numbers in equity valuation and the pricing implications of alternative accounting measurements.

A prolific writer and frequent contributor to the top academic accounting journals, Collins has been recognized as one of the top ten most highly cited authors in the accounting literature over the last 20 years.

Professor Collins is on the editorial review boards of the Journal of Accounting and Economics, Accounting Horizons, and Review of Quantitative Finance and Accounting. He has also served as Associate Editor of The Accounting Review and as Director of Publications for the American Accounting Association (AAA). Professor Collins has served on numerous AAA committees including the Financial Accounting Standards Committee and has chaired the Publications Committee. He also served on the Financial Accounting Standards Advisory Council from 1994-1997.

W. Bruce Johnson. Arthur Andersen Professor of Accounting, Tippie College of Business, The University of Iowa. BS 1970, University of Oregon, MS 1973, Ph.D. 1975, The Ohio State University

W. Bruce Johnson joined the university of Iowa faculty in 1988 and has served as director of its McGladrey Institute for Accounting Research, accounting group chairman, and associate dean for graduate programs, where he was responsible for Iowa's MBA and Executive MBA programs.

Professor Johnson has previously held faculty appointments at the University of Wisconsin, Northwestern University, and the University of Chicago.

His teaching and research interests include corporate financial reporting, financial analysis, value-driven management systems and investment strategies, and executive compensation practices. He has received the Gilbert P. Maynard Award for Excellence in Accounting Instruction, and the Chester A. Phillips Outstanding Professor Award.

A well-respected author, Professor Johnson's articles have appeared in numerous scholarly publications and in academic and professional journals He has served on editorial boards of more than a dozen academic journals. Professor Johnson has also served as a research consultant to the Financial Accounting Standards Board, and on the Research Advisory, Professional Practice Quality and Outstanding Educator committees of the American Accounting Association. He is a member of the American Accounting Association, the Financial Executives Institute, and was formerly Senior Vice President for Equity Strategy at SCI Capital Management, a money management firm.

Companion Website - Revsine, 2/E
Revsine
©2002 | Prentice Hall | On-line Supplement; 0 pp | Estimated Availability : 08/08/2001
ISBN-10: 0130341126 | ISBN-13: 9780130341129
This online resource is available at no cost at http://www.prenhall.com/revsine.

Companion Website - Revsine, 2/E
Revsine
©2002 | Prentice Hall | On-line Supplement; 0 pp | Estimated Availability : 08/08/2001
ISBN-10: 0130341126 | ISBN-13: 9780130341129
This online resource is available at no cost at http://www.prenhall.com/revsine.

Excel Templates, 2/E
Revsine
©2002 | Prentice Hall | On-line Supplement; 0 pp | Estimated Availability : 09/01/2001
ISBN-10: 0130341142 | ISBN-13: 9780130341143
This online resource is available at no cost.

PowerPoint Transparencies, 2/E
Revsine
©2002 | Prentice Hall | On-line Supplement; 0 pp | Estimated Availability : 07/30/2001
ISBN-10: 0130341134 | ISBN-13: 9780130341136
This online resource is available at no cost.

Test Item File (online at www.prenhall.com/revsine), 2/E
Revsine
©2002 | Prentice Hall | On-line Supplement; 464 pp | Estimated Availability : 04/15/2003
ISBN-10: 0130341088 | ISBN-13: 9780130341082
This online resource is available at no cost.

Companion Website - Revsine, 2/E
Revsine
©2002 | Prentice Hall | On-line Supplement; 0 pp | Estimated Availability : 08/08/2001
ISBN-10: 0130341126 | ISBN-13: 9780130341129
This online resource is available at no cost at http://www.prenhall.com/revsine.

For the Accounting and Taxation Discipline

A-1 Photography Practice Set - Manual Version, 3/E
Sineath & Insinga
©1999 | Prentice Hall | Paper; 125 pp | Instock
ISBN-10: 0130803103 | ISBN-13: 9780130803108
Suggested retail price: $60.00  Buy from myPearsonStore
Net price: $45.00  (What's this?)

Comp Accounting Tip Sheet
Pearson
©2010 | Prentice Hall | Paper | Estimated Availability : 03/15/2009
ISBN-10: 0136112293 | ISBN-13: 9780136112297
Suggested retail price: $0.00Net price: $0.00  (What's this?)

Getting Started with Peachtree 8.0
Osteraa
©2002 | Prentice Hall | Paper; 70 pp | Instock
ISBN-10: 0130622648 | ISBN-13: 9780130622648
Suggested retail price: $24.00  Buy from myPearsonStore
Net price: $18.00  (What's this?)

International Financial Reporting Standards (IFRS) Tips
Pearson
©2010 | Prentice Hall | Access Code Card | Instock
ISBN-10: 0136100899 | ISBN-13: 9780136100898
Suggested retail price: $6.67  Buy from myPearsonStore
Net price: $5.00  (What's this?)

Math Tips for Accounting
Pearson
©2010 | Prentice Hall | Paper | Instock
ISBN-10: 0136112285 | ISBN-13: 9780136112280
Suggested retail price: $6.67  Buy from myPearsonStore
Net price: $5.00  (What's this?)

Peachtree Complete 2006-CD, 6/E
Peachtree Software & Inc.
©2007 | Prentice Hall | CD-ROM Only | Instock
ISBN-10: 0132275090 | ISBN-13: 9780132275095
Suggested retail price: $24.00  Buy from myPearsonStore
Net price: $18.00  (What's this?)

PH Accounting Excel Tips, 6/E
Harrison
©2006 | Prentice Hall | Paper; 1 pp | Instock
ISBN-10: 0131499653 | ISBN-13: 9780131499652
Suggested retail price: $0.00Net price: $0.00  (What's this?)

Understanding Sarbane-Oxley Act of 2002: Impacting the Accounting Profession
Beasley & Elder
©2005 | Prentice Hall | Paper; 56 pp | Instock
ISBN-10: 0131855263 | ISBN-13: 9780131855267
Suggested retail price: $46.67  Buy from myPearsonStore
Net price: $35.00  (What's this?)

Companion Website - Revsine, 2/E
Revsine
©2002 | Prentice Hall | On-line Supplement; 0 pp | Estimated Availability : 08/08/2001
ISBN-10: 0130341126 | ISBN-13: 9780130341129
This online resource is available at no cost at http://www.prenhall.com/revsine.

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