Financial & Managerial Accounting [Hardcover] Author: Mark Bettner | Language: English | ISBN:
0078111048 | Format: PDF, EPUB
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With the sixteenth edition of Financial and Managerial Accounting: The Basis for Business Decisions, the Williams author team continues to be a solid foundation for students who are learning basic accounting concepts. In this revision, the authors have added to and refined the coverage of International Financial Reporting Standards (IFRS), particularly in Chapter 15 (“Global Business and Accounting”). Hallmarks of the text—including the solid Accounting Cycle Presentation, relevant pedagogy, and high quality, end-of-chapter material—have been updated throughout the book.
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- Hardcover: 1264 pages
- Publisher: McGraw-Hill/Irwin; 16 edition (January 11, 2011)
- Language: English
- ISBN-10: 0078111048
- ISBN-13: 978-0078111044
- Product Dimensions: 10.9 x 8.2 x 1.7 inches
- Shipping Weight: 5.8 pounds (View shipping rates and policies)
I have to agree with a lot of the other reviews. There are various issues with this textbook that will leave you with a severe dislike of managerial accounting and a less than stellar grade. To preface my review, I used this textbook during the Fall 2012 semester for an independent study online course in my MBA program.
1. Each chapter is too concise. The concepts are often explained in the language of accountants and you'll only get one example of (or one way to view) a particular concept.
2. The end of chapter homework does not include an answer key or explanations. Your only way to really practice the concepts is by using the online access component, which is shoddily designed and also not helpful. Believe it or not, a lot of students prefer to work with a paper, pencil, and calculator.
3. The online access component consists of three parts: practice homework, regular homework, and quizzes. The problem I frequently encountered was that you would work through the practice homework and feel fairly confident about your understanding of the chapter, but then the regular homework would completely blindside you and have no similarities to the practice homework. The quizzes were a toss-up as to whether they related to the homework concepts.
4. There seemed to be a lot of errors in the online component where none of the answers to a question were correct. From what my professor told the class, this was due to a mix-up between the 15th and 16th edition answer keys.
I know that some of these are typical student complaints, and I'm one of those people who does not "get" accounting, but in an independent study course, the book is all I really have to learn the subject matter.
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