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ISBN10: 1264608756 | ISBN13: 9781264608751

Financial Accounting, 12th Edition
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* The estimated amount of time this product will be on the market is based on a number of factors, including faculty input to instructional design and the prior revision cycle and updates to academic research-which typically results in a revision cycle ranging from every two to four years for this product. Pricing subject to change at any time.
The award-winning author team of Libby, Libby, and Hodge continue Financial Accounting’s best-selling tradition of engaging students from the first day of class, focusing on four key attributes: 1) A trademark focus company approach that integrates content around a familiar company, helping students understand financial statements and the implications of financial accounting for future managers. 2) A Building-Block Approach to teaching transaction analysis that spreads coverage over two chapters giving students time to practice and gain mastery with greater student success. 3) A balance of transaction analysis and financial statement analysis based on real companies to prepare students, regardless of their career aspirations. 4) Powerful technology to give students with different learning styles and conflicting time commitments what is needed to help them study more efficiently and effectively including videos, Integrated Excel, and General Ledger problems.
2. Investing and Financing Decisions and the Accounting System
3. Operating Decisions and the Accounting System
4. Adjustments, Financial Statements, and the Closing Process
5. Communicating and Analyzing Accounting Information
6. Sales Revenue, Receivables, and Cash
7. Cost of Goods Sold and Inventory
8. Property, Plant, and Equipment; Intangibles; and Natural Resources
9. Liabilities
10. Bond Securities
11. Stockholders’ Equity
12. Statement of Cash Flows
13. Analyzing Financial Statements
About the Author
Robert Libby
Robert Libby is the David A. Thomas Professor of Accounting and Accounting Area Coordinator at Cornell University, where he teaches the introductory financial accounting course. He previously taught at the University of Illinois, Pennsylvania State University, the University of Texas at Austin, the University of Chicago, and the University of Michigan. He received his BS from Pennsylvania State University and his MAS and PhD from the University of Illinois; he also successfully completed the CPA exam (Illinois).
Bob was selected as the AAA Outstanding Educator in 2000 and received the AAA Outstanding Service Award in 2006 and the AAA Notable Contributions to the Literature Award in 1985 and 1996. He has received the Core Faculty Teaching Award multiple times at Cornell. Bob is a widely published author and researcher specializing in behavioral accounting. He has published numerous articles in The Accounting Review; Journal of Accounting Research; Accounting, Organizations, and Society; and other accounting journals. He has held a variety of offices including vice president, in the American Accounting Association, and he is a member of the American Institute of CPAs and the editorial boards of The Accounting Review and Accounting, Organizations, and Society.
Patricia Libby
Patricia Libby is chair of the department of accounting and an associate professor of accounting at Ithaca College, where she teaches the undergraduate financial accounting course. She previously taught graduate and undergraduate financial accounting at Eastern Michigan University and the University of Texas. Before entering academia, she was an auditor with Price Waterhouse (now PricewaterhouseCoopers) and a financial administrator at the University of Chicago. She received her B.S. from Pennsylvania State University, her M.B.A from DePaul University, and her Ph.D. from the University of Michigan; she also successfully completed the CPA exam (Illinois). Pat has published articles in The Accounting Review, Issues in Accounting Education, and The Michigan CPA and is also faculty advisor to Beta Alpha Psi and the Ithaca College Accounting Association.
Frank Hodge
Frank Hodge is the chair of the Accounting Department and the Michael G. Foster Endowed Professor at the University of Washington’s Foster School of Business. He also serves in the President’s Office as the University of Washington’s Faculty Athletics Representative to the PAC-12 Conference and the National Collegiate Athletic Association.
Frank joined the faculty at the University of Washington in 2000. He earned his MBA and PhD degrees from Indiana University. He has won over 30 teaching awards at the University of Washington teaching financial accounting and financial statement analysis to undergraduate students, full-time MBA students, executive MBA students, and intercollegiate athletic administrators. Frank’s research focuses on how individuals use accounting information to make investment decisions and how technology influences their information choices.
Frank was one of six members of the Financial Accounting Standards Research Initiative team and has presented his research at the Securities and Exchange Commission. He has published articles in The Accounting Review; Journal of Accounting Research; Contemporary Accounting Research; Accounting, Organizations, and Society; and several other journals. Frank lives in Seattle with his wife and two daughters.
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