Tuesday, November 12, 2013

Financial Accounting. Robert Libby, Patricia A. Libby, Daniel G. Short, 7th Edition, Robert Libby




Libby/Libby/Short wrote this text based on their belief that the subject of financial accounting is inherently interesting, but financial accounting textbooks are often not. They believe most financial accounting textbooks fail to demonstrate that accounting is an exciting field of study and one that is important to future careers in business. When writing this text, they considered career relevance as their guide when selecting material, and the need to engage the student as their guide to style, pedagogy, and design.

Libby/Libby/Short is the only financial accounting text to successfully implement a real-world, single focus company approach in every chapter. Students and instructors have responded very favorably to the use of focus companies and the real-world financial statements. The companies chosen are engaging and the decision-making focus shows the relevance of financial accounting regardless of whether or not the student has chosen to major in accounting.

About the Author
Robert Libby, Cornell University - Ithaca Patricia A. Libby, Ithaca College Daniel G. Short, Texas Christian University

This textbook is really easy to understand and has actually made me like my MBA financial accounting class. The real world company examples help you understand WHY you do things, going way beyond the mechanics of accounting. The author typically defines a term then restates the definition in plain language which is also really helpful. My undergrad accounting book made me fall asleep while I was reading it, but this book keeps me engaged and I don't mind the hours of studying.

This is a terriffic textbook. It is well-organized and for those of us who are interested in business aspects, the writers provide clear, current examples to keep our interest alive and meaningful. What's more, throughout the book, you have the distinct understanding that ethics is common practice. There are no strategic ways as far as preparing reports with facts. The writers delve into conceptual reasoning and my teacher was right in line with it, emphasising not to give up, to keep practicing the principles and if it doesn't "click" right away, it will with practice. This is an excellent study book with terminology and notes. No one should have a problem learning this subject matter, as long as they put the time in to do it.

Product Details :

  • Paperback: 880 pages
  • Publisher: McGraw-Hill Higher Education; 7th Revised edition edition (May 1, 2011)
  • Language: English
  • ISBN-10: 007131394X
  • ISBN-13: 978-0071313940
  • Product Dimensions: 9.2 x 11.2 inches


More Details about Financial Accounting. Robert Libby, Patricia A. Libby, Daniel G. Short, 7th Edition

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