PART I: FINANCIAL REPORTING AND THE ACCOUNTING CYCLE. 1. Accounting Information: Users and Uses. 2. Financial Statements: An Overview. 3. The Accounting Cycle: The Mechanics of Accounting. 4. Completing the Accounting Cycle. 5. Internal Controls: Ensuring the Integrity of Financial Information. PART II: OPERATING ACTIVITIES. 6. Receivables: Selling a Product or Service. 7. Inventory and the Cost of Sales 8. Completing the Operating Cycle. PART III: INVESTING AND FINANCING ACTIVITIES. 9. Investments: Property, Plant, and Equipment and Intangible Assets. 10. Financing: Long-Term Liabilities. 11. Financing: Equity. 12. Investments: Debt and Equity Securities. PART IV: OTHER DIMENSIONS OF FINANCIAL REPORTING. 13. Statement of Cash Flows. 14. Analyzing Financial Statements. PART V: FOUNDATIONS OF MANAGEMENT ACCOUNTING. 15. Management Accounting and Cost Concepts. 16. Cost Flows and Business Organizations. 17. Activity-Based Costing. PART VI: CONTROL IN A MANAGEMENT ACCOUNTING SYSTEM. 18. Budgeting and Control. 19. Controlling Cost and Profit. 20. Inventory Management and Variable and Absorption Costing. PART VII: MAKING DECISIONS USING MANAGEMENT ACCOUNTING. 21. Cost Behavior and Decisions using C-V-P Analysis. 22. Relevant Information and Decisions. 23. Capital Investment Decisions. PART VIII: CONTINUOUS IMPROVEMENT IN MANAGEMENT ACCOUNTING. 24. New Measures of Performance.
About the Author
W. Steve Albrecht is the Andersen Alumni Professor of Accountancy in the Marriott School of Management at Brigham Young University. He has done extensive research on business fraud and ethics, resulting in the publication of more than 100 articles in professional and academic journals, several awards, and having one of the Association of Certified Fraud Examiners headquarters named after him. He received a bachelor's degree in accounting from BYU and MBA and PhD degrees from the University of Wisconsin. He is a Certified Public Accountant, Certified Internal Auditor, and Certified Fraud Examiner. Dr. Albrecht has consulted with numerous organizations, including Fortune 500 companies, major financial institutions, the United Nations, FBI, and other organizations, and has been an expert witness in over 35 major fraud cases.
Earl K. Stice is the PricewaterhouseCoopers Professor of Accounting in the School of Accountancy at Brigham Young University, where he has been on the faculty since 1998. He holds bachelor's and master's degrees from Brigham Young University and a PhD from Cornell University. Dr. Stice has taught at Rice University, the University of Arizona, Cornell University, and the Hong Kong University of Science and Technology (HKUST). He won the Phi Beta Kappa teaching award at Rice University, was twice selected as one of the ten best lecturers on campus at HKUST, and has won the Marriott School Teaching Award at BYU. Dr. Stice also has taught in a variety of executive education and corporate training programs in the United States, Hong Kong, China, Malaysia, and South Africa, and he has been on the executive MBA faculty of the China Europe International Business School in Shanghai, HKUST, the University of Illinois, and INSEAD (in Singapore). He has published papers in the JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS, THE ACCOUNTING REVIEW, REVIEW OF ACCOUNTING STUDIES, JOURNAL OF BUSINESS, FINANCE, AND ACCOUNTING, and ISSUES IN ACCOUNTING EDUCATION. Dr. Stice has presented his research results at seminars in the United States, Finland, Taiwan, Australia, and Hong Kong. He has coauthored several accounting texts including INTERMEDIATE ACCOUNTING, 17TH EDITION. Dr. Stice and his wife, Ramona, have seven children -- Derrald, Han, Ryan Marie, Lorien, Lily, Taraz, and Kamila - and one adorable granddaughter.
James D. Stice is the Distinguished Teaching Professor in the Marriott School of Management at Brigham Young University. He is currently Associate Dean of the Marriott School. Dr. Stice served for eight years as the director of BYU's MBA Program. He holds bachelor's and master's degrees in accounting from BYU and a PhD in accounting from the University of Washington. Professor Stice has been on the faculty at BYU since 1988. During that time, he has been selected by graduating accounting students as "Teacher of the Year" on numerous occasions; he was selected by his peers in the Marriott School at BYU to receive the "Outstanding Teaching Award" and he was selected by the University to receive its highest teaching award, the Maeser Excellence in Teaching Award. Professors Stice has taught in academic and executive education programs in the United States, Europe, South Africa and China for such companies as IBM, Bank of America, and Ernst & Young. Professor Stice has published articles in JOURNAL OF ACCOUNTING RESEARCH, THE ACCOUNTING REVIEW, DECISION SCIENCES, ISSUES IN ACCOUNTING EDUCATION, THE CPA JOURNAL, and other academic and professional journals and has written several accounting textbooks. In addition to his teaching and research, he currently serves on the board of directors of Nutraceutical Corporation. Dr. Stice and his wife, Kaye, have seven children and eight grandchildren.