Description
Book SynopsisAbout our authors
William (Bill) Thomas is the J. E. Bush Professor of Accounting and a Master Teacher at Baylor University. A Baylor University alumnus, he received both his BBA and MBA there and went on to earn his PhD from The University of Texas at Austin.
With primary interests in the areas of financial accounting and auditing, Bill Thomas has served as the J. E. Bush Professor of Accounting since 1995. He has been a member of the faculty of the Accounting and Business Law Department of the Hankamer School of Business since 1971, and served as chair of the department for 12 years. He has been recognized as an Outstanding Faculty Member of Baylor University as well as a Distinguished Professor for the Hankamer School of Business. Dr. Thomas has received many awards for outstanding teaching, including the Outstanding Professor in the Executive MBA Programs as well as designation as Master Teacher.
Thomas is the author of textbooks in auditi
Table of Contents
Brief Contents
Visual Walk-Through
- The Financial Statements
- Transaction Analysis
- Accrual Accounting and Income
- Internal Control and Cash
- Receivables and Revenue
- Inventory and Cost of Goods Sold
- Plant Assets, Natural Resources, and Intangibles
- Current and Contingent Liabilities
- Long-Term Liabilities
- Stockholders’ Equity
- The Statement of Cash Flows
- Financial Statement Analysis
Appendix A: Apple Inc. Annual Report: 2016 Appendix B: Typical Charts of Accounts for Different Types of Businesses Appendix C: Summary of Generally Accepted Accounting Principles (GAAP) Appendix D: Summary of Differences Between US GAAP and IFRS Cross Referenced to Chapter Appendix E: Investments Appendix F: Time Value of Money