Using Financial Accounting: Completing the Puzzle of Using Accounting to Understand Business

Learn how today's managers, investors and other business stakeholders effectively use accounting information and reports to guide business success with Warren/Jones/Farmer’s USING FINANCIAL ACCOUNTING. Designed as a one-term introduction for those with no previous accounting experience, this edition overviews basic financial accounting concepts without extraneous details. This book's spreadsheet approach focuses on the use of accounting information in business without the distraction of debits and credits. An integrated financial statement framework highlights how transactions impact each of the three primary financial statements: balance sheets, income statements and cash flow statements. Unique metrics analyses highlight transaction, financial statement and managerial decision-making information. In addition, special features and cases demonstrate the use of data analysis in financial accounting today. Optional CNOWv2 digital resources further support your financial accounting learning experience.

Dr. Carl S. Warren is professor emeritus of accounting at the University of Georgia, Athens. For more than 25 years, Dr. Warren taught all levels of accounting courses, with a primary focus on introductory accounting and auditing. Dr. Warren has taught classes at the University of Iowa, Michigan State University and University of Chicago. He received his Ph.D. from Michigan State University and his B.A.A. and M.A. from the University of Iowa. During his career, Dr. Warren published numerous articles in professional journals, including The Accounting Review, Journal of Accounting Research, Journal of Accountancy, The CPA Journal and Auditing: A Journal of Practice and Theory. Dr. Warren’s outside interests include handball, backpacking, skiing, hiking, fly-fishing and golf. He also tries to spend as much time as possible with his five grandchildren (two sets of twins). Dr. Warren and his wife reside in Montana.

Dr. Jefferson P. Jones is an associate professor of accounting in the School of Accountancy at Auburn University, where he teaches financial accounting and applied financial research courses. He received his B.S. and Master of Accountancy degrees from Auburn University and his Ph.D. from Florida State University. Dr. Jones has received numerous teaching awards, including the Auburn University Beta Alpha Psi Outstanding Teaching Award (12 times), the Auburn University Outstanding Master of Accountancy Professor Teaching Award (five times), the Auburn University Outstanding Distance Master of Accountancy Teaching Award (three times) and the Auburn University College of Business McCartney Teaching Award. In addition, he has made numerous presentations around the country on research and pedagogical issues. Dr. Jones has public accounting experience as an auditor with Deloitte and Touche and holds a C.P.A. certificate in the state of Alabama (inactive). He is a member of the American Accounting Association, the American Institute of Certified Public Accountants (AICPA) and the Alabama Society of CPAs (ASCPA). His research interests focus on financial accounting, specifically investigating the quality of reported accounting information and accounting education. He has published articles in numerous journals, including Advances in Accounting, Review of Quantitative Finance and Accounting, Issues in Accounting Education, International Journal of Forecasting and The CPA Journal. When not at work, Dr. Jones enjoys playing golf and watching college football.

Amanda G. Farmer, C.P.A., has been a full-time lecturer in the JM Tull School of Accounting at the University of Georgia since 2006. A University of Georgia alumna, she received her B.B.A. and M.Acc. before beginning work for Trinity Accounting Group in Athens, Georgia. She started her own company, DolCor, Inc., which provided tax and accounting services to business and individual clients. Today, her primary area of teaching is managerial accounting. She has taught courses in principles of accounting, managerial accounting, survey of accounting and professional accounting. She has received numerous teaching awards, including Beta Alpha Psi’s Undergraduate Accounting Teacher of the Year, Delta Sigma Pi’s Outstanding Techer and Alpha Kappa Psi’s Outstanding Teacher. In addition, Professor Farmer is a fellow in the University of Georgia’s Fellowship for Innovative Teaching program. She is also a member of the Georgia Society of C.P.A.s. Her outside interests include hiking, kayaking, practicing yoga, cooking and spending time with her daughters.