In the new sixth edition, readers will be able to clearly see the relevance of accounting in their everyday lives. The authors introduce challenging accounting concepts with examples that are familiar to everyone, which helps build motivation to learn the material. Accounting issues are also placed within the context of marketing, management, IT, and finance.
One never likes having to buy it new. Still, there are reasons to like the Weygandt, Kimmel and Kieso Sailboat series including this 6th edition of Financial Accounting (Financial Accounting I). These authors have done everything to make the subject progressively more accessible in each edition. I know as I suffered through the courses once too. I have a master's in accounting and am a CPA. It's surprising how many accounting texts assume the student has certain prerequisite skills and knowledge and equally surprising how so many accounting professors want to lecture beyond the level of the students, which is not so easy to do when using the Sailboat Financial Accounting book. These are really teaching books. I buy used recent editions for myself just for reference since they're so well done and so cheap. Not all CPAs do that but I practice financial accounting and train accountants.
You'd be lucky if the professor is permissive enough to go with the 5th edition because most students quickly sell these books once the course is over, so used editions are MUCH cheaper. But professors insist on the most recent edition. Also, the authors anticipate that everyone wants to use the cheaper previous edition, so they always change the end of chapter problems. The publisher also provides the professors with additional materials including exam materials, so there's always the incentive for the professor to use the latest edition.
These are serious heavy books. This one is 938 pages and you have to know the material by the time the course is finished. No wonder so many people, despite knowing that good accountants tend to stay employed in a recession, won't even consider this route. But at least these Sailboat books are hardcover with large dimensions and quality paper and binding. Nothing is worse than using a thick softcover text that feels like a phone book. Unfortunately they're expensive new, and you might one day be buying the 10th edition used for a fraction of this price.
Note also that you don't get a WileyPlus access code with this book, in case your professor requires you to use this resource. You can go to the WileyPlus website and buy an access code for usually about $75 or see what your college bookstore charges in the event that they sell it.
Finally, a word of caution and encouragement: This course, along with Intermediate Accounting, are often the courses that usually weed students out from the accounting major program. They are not easy courses and require more study time than a typical course. You can get supplementary materials too such as more basic accounting books if you need them. Good luck - I wish you the best!
Somewhat childish of a book (I know, it's accounting), but maybe that's because I'm used to dif-eq and relativity. The book is overall good and explains a lot, but much of it is through example (which is nice) but without a solid definition (which is not).
I read alot of reviews and was not expecting to receive my book as fast as I had. Also for the price I had paid I did not expect to get one in as good of shape as the one I recieved. I was pleasantly surprised and hope to find future books in this same condition for the same price.
This is a good book. The transparencies provided in the bk help to clarify step by step proceedures and the online supplements work nicely with the book.
Product Details :
- Hardcover: 938 pages
- Publisher: Wiley; 6 edition (December 21, 2007)
- Language: English
- ISBN-10: 0470128844
- ISBN-13: 978-0470128848
- Product Dimensions: 10.9 x 8.7 x 1.5 inches
More Details about Financial Accounting, 6th Edition
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