Accounting: Concepts and Applications

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9780538745482: Accounting: Concepts and Applications

Every job requires you to prepare, use, respond to, or be evaluated using accounting data. Understanding what accounting is, why it's important, and how to effectively use and prepare accounting data will give you a competitive edge in any organization. The focus of ACCOUNTING: CONCEPTS & APPLICATIONS, 11E is on developing the ability to critically analyze accounting information and make informed business decisions. Readers are exposed to a myriad of real-world examples where they can see the effect that accounting information has on the decisions made by real companies. The text also makes a concerted effort to highlight the ethical considerations and global implications of financial accounting decisions in our world.

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About the Author:

W. Steve Albrecht is the Andersen Alumni Professor of Accountancy in the Marriott School of Management at Brigham Young University. 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. After teaching at Stanford and the University of Illinois, he came to BYU in 1977, where he was the associate dean of the Marriott School until 2008. He is past President of the American Accounting Association, the Association of Certified Fraud Examiners, Beta Alpha Psi and the Accounting Program Leadership Group. Until recently, he served as the U.S. representative on the International Federation of Accountants Education Committee and as a trustee of the Financial Accounting Foundation. Dr. Albrecht has done extensive research on business fraud and ethics, which has resulted in the publication of over one hundred articles in professional and academic journals, several awards, and having one of the headquarters of the Association of Certified Fraud Examiners named after him. He is the author or co-author of 20 books or monographs. Dr. Albrecht has received numerous awards and honors for excellence in scholarship and teaching, including BYU's highest faculty honor, the Karl G. Maeser Distinguished Faculty Lecturer Award. He was also chosen as one of the 100 most influential accounting professionals in the United States by ACCOUNTING TODAY magazine on 5 occasions. 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. Dr. Albrecht is married to the former LeAnn Christiansen and they have six children and sixteen grandchildren.

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 Â- 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.

Dr. Swain received his Ph.D. in managerial accounting and information systems from Michigan State University. His dissertation, which examined the impact of information load on capital budgeting decision processes, was awarded an Institute of Management Accountants Dissertation Grant. At BYU, Dr. Swain has received the Teaching Excellence Award for Management Skills in 1994, 1995, and 1997, the Marriott School of Management Outstanding Teacher in 1999, and was selected as the Deloitte & Touche Research Fellow in 2001. His research area includes the development and use of computer programs that capture and analyze the interaction of human decision processes and computerized information systems. Additionally, he uses the events-driven business solutions to study the incorporation of activity-based costing, the Balanced Scorecard, and the Theory of Constraints in management information systems. He has published numerous papers in leading academic and practitioner journals, sits on the editorial board for two academic journals, and is a coauthor on a management accounting textbook. Dr. Swain has spent significant time working with or researching organizations such as IBM, Clorox, Deere and Company, the Church of Jesus Christ of Latter-Day Saints, and Habitat for Humanity. He is a certified public accountant and a certified management accountant. Dr. Swain took an academic leave from BYU from July 1999 to July 2000 to serve as the Chief Financial Officer for Authorize.Net (payment-processing service for e-commerce), a wholly owned subsidiary of InfoSpace, Inc. He currently serves as the Associate Director of the School of Accountancy and Information Systems where he is the Deloitte & Touche Professor of Accounting. He and his wife, Shannon, have seven children.

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W. Steve Albrecht, Earl K. Stice, James D. Stice, Monte R. Swain
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W. Steve Albrecht; Earl K. Stice; James D. Stice; Monte R. Swain
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