Dr. James M. Reeve is Professor Emeritus of Accounting and Information Management at the University of Tennessee. Professor Reeve taught as part of the accounting faculty for 25 years after graduating with his PhD from Oklahoma State University. His teaching effort focused on undergraduate accounting principles and graduate education in the Master of Accountancy and Senior Executive MBA programs. Beyond this, Professor Reeve is very active in the Supply Chain Certification program, which is a major executive education and research effort of the college. His research interests are varied and include work in managerial accounting, supply chain management, lean manufacturing, and information management. He has published over 40 articles in academic and professional journals, including Journal of Cost Management, Journal of Management Accounting Research, Accounting Review, Management Accounting Quarterly, Supply Chain Management Review, and Accounting Horizons. He has consulted or provided training around the world for a variety of organizations, including Boeing, Procter & Gamble, Norfolk Southern, Hershey Foods, Coca-Cola, and Sony. When not writing books, Professor Reeve plays golf and is involved in faith-based activities. 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. Jonathan Duchac is the Wayne Calloway Professor of Accounting and Acting Associate Dean of Accounting Programs at Wake Forest University. He earned his PhD in accounting from the University of Georgia and currently teaches introductory and advanced courses in financial accounting. Dr. Duchac has received a number of awards during his career, including the Wake Forest University Outstanding Graduate Professor Award, the T.B. Rose award for Instructional Innovation, and the University of Georgia Outstanding Teaching Assistant Award. In addition to his teaching responsibilities, Dr. Duchac has served as Accounting Advisor to Merrill Lynch Equity Research, where he worked with research analysts in reviewing and evaluating the financial reporting practices of public companies. He has testified before the U.S. House of Representatives, the Financial Accounting Standards Board, and the Securities and Exchange Commission and has worked with a number of major public companies on financial reporting and accounting policy issues. In addition to his professional interests, Dr. Duchac is an avid mountain biker and snow skier.

1. Introduction to Accounting and Business. 2. Analyzing Transactions. 3. The Adjusting Process. 4. Completing the Accounting Cycle. 5. Accounting for Merchandising Businesses. 6. Inventories. 7. Sarbanes-Oxley, Internal Control, and Cash. 8. Receivables. 9. Fixed Assets and Intangible Assets. 10. Current Liabilities and Payroll. 11. Corporations: Organization, Stock Transactions, and Dividends. 12. Long-Term Liabilities: Bonds and Notes. 13. Investments and Fair Value Accounting. 14. Statement of Cash Flows. 15. Financial Statement Analysis. 16. Managerial Accounting Concepts and Principles. 17. Job Order Costing. 18. Process Cost Systems. 19. Cost Behavior and Cost-Volume-Profit Analysis. 20. Variable Costing for Management Analysis. 21. Budgeting. 22. Performance Evaluation Using Variances from Standard Costs. 23. Performance Evaluation for Decentralized Operations. 24. Differential Analysis and Product Pricing. 25. Capital Investment Analysis. 26. Cost Allocation and Activity-Based Costing. 27. Cost Management for Just-in-Time Environments. Appendix A. Interest Tables. Appendix B. Reversing Entries. Appendix C. Special Journals and Subsidiary Ledgers. Appendix D. NIKE, Inc. Appendix E. International Financial Reporting Standards.

• 1. Introduction to Accounting and Business.2. Analyzing Transactions.3. The Adjusting Process.4. Completing the Accounting Cycle.5. Accounting for Merchandising Businesses.6. Inventories.7. Sarbanes-Oxley, Internal Control, and Cash.8. Receivables.9. Fixed Assets and Intangible Assets.10. Current Liabilities and Payroll.11. Corporations: Organization, Stock Transactions, and Dividends.12. Long-Term Liabilities: Bonds and Notes.13. Investments and Fair Value Accounting.14. Statement of Cash Flows.15. Financial Statement Analysis.16. Managerial Accounting Concepts and Principles.17. Job Order Costing.18. Process Cost Systems.19. Cost Behavior and Cost-Volume-Profit Analysis.20. Variable Costing for Management Analysis.21. Budgeting.22. Performance Evaluation Using Variances from Standard Costs.23. Performance Evaluation for Decentralized Operations.24. Differential Analysis and Product Pricing.25. Capital Investment Analysis.26. Cost Allocation and Activity-Based Costing.27. Cost Management for Just-in-Time Environments.Appendix A. Interest Tables.Appendix B. Reversing Entries.Appendix C. Special Journals and Subsidiary Ledgers.Appendix D. NIKE, Inc. Appendix E. International Financial Reporting Standards.

Dr. James M. Reeve is Professor Emeritus of Accounting and Information Management at the University of Tennessee. Professor Reeve taught as part of the accounting faculty for 25 years after graduating with his PhD from Oklahoma State University. His teaching effort focused on undergraduate accounting principles and graduate education in the Master of Accountancy and Senior Executive MBA programs. Beyond this, Professor Reeve is very active in the Supply Chain Certification program, which is a major executive education and research effort of the college. His research interests are varied and include work in managerial accounting, supply chain management, lean manufacturing, and information management. He has published over 40 articles in academic and professional journals, including Journal of Cost Management, Journal of Management Accounting Research, Accounting Review, Management Accounting Quarterly, Supply Chain Management Review, and Accounting Horizons. He has consulted or provided training around the world for a variety of organizations, including Boeing, Procter & Gamble, Norfolk Southern, Hershey Foods, Coca-Cola, and Sony. When not writing books, Professor Reeve plays golf and is involved in faith-based activities. 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. Jonathan Duchac is the Wayne Calloway Professor of Accounting and Acting Associate Dean of Accounting Programs at Wake Forest University. He earned his PhD in accounting from the University of Georgia and currently teaches introductory and advanced courses in financial accounting. Dr. Duchac has received a number of awards during his career, including the Wake Forest University Outstanding Graduate Professor Award, the T.B. Rose award for Instructional Innovation, and the University of Georgia Outstanding Teaching Assistant Award. In addition to his teaching responsibilities, Dr. Duchac has served as Accounting Advisor to Merrill Lynch Equity Research, where he worked with research analysts in reviewing and evaluating the financial reporting practices of public companies. He has testified before the U.S. House of Representatives, the Financial Accounting Standards Board, and the Securities and Exchange Commission and has worked with a number of major public companies on financial reporting and accounting policy issues. In addition to his professional interests, Dr. Duchac is an avid mountain biker and snow skier.

1. Introduction to Accounting and Business. 2. Analyzing Transactions. 3. The Adjusting Process. 4. Completing the Accounting Cycle. 5. Accounting for Merchandising Businesses. 6. Inventories. 7. Sarbanes-Oxley, Internal Control, and Cash. 8. Receivables. 9. Fixed Assets and Intangible Assets. 10. Current Liabilities and Payroll. 11. Corporations: Organization, Stock Transactions, and Dividends. 12. Long-Term Liabilities: Bonds and Notes. 13. Investments and Fair Value Accounting. 14. Statement of Cash Flows. 15. Financial Statement Analysis. 16. Managerial Accounting Concepts and Principles. 17. Job Order Costing. 18. Process Cost Systems. 19. Cost Behavior and Cost-Volume-Profit Analysis. 20. Variable Costing for Management Analysis. 21. Budgeting. 22. Performance Evaluation Using Variances from Standard Costs. 23. Performance Evaluation for Decentralized Operations. 24. Differential Analysis and Product Pricing. 25. Capital Investment Analysis. 26. Cost Allocation and Activity-Based Costing. 27. Cost Management for Just-in-Time Environments. Appendix A. Interest Tables. Appendix B. Reversing Entries. Appendix C. Special Journals and Subsidiary Ledgers. Appendix D. NIKE, Inc. Appendix E. International Financial Reporting Standards.

• 1. Introduction to Accounting and Business.2. Analyzing Transactions.3. The Adjusting Process.4. Completing the Accounting Cycle.5. Accounting for Merchandising Businesses.6. Inventories.7. Sarbanes-Oxley, Internal Control, and Cash.8. Receivables.9. Fixed Assets and Intangible Assets.10. Current Liabilities and Payroll.11. Corporations: Organization, Stock Transactions, and Dividends.12. Long-Term Liabilities: Bonds and Notes.13. Investments and Fair Value Accounting.14. Statement of Cash Flows.15. Financial Statement Analysis.16. Managerial Accounting Concepts and Principles.17. Job Order Costing.18. Process Cost Systems.19. Cost Behavior and Cost-Volume-Profit Analysis.20. Variable Costing for Management Analysis.21. Budgeting.22. Performance Evaluation Using Variances from Standard Costs.23. Performance Evaluation for Decentralized Operations.24. Differential Analysis and Product Pricing.25. Capital Investment Analysis.26. Cost Allocation and Activity-Based Costing.27. Cost Management for Just-in-Time Environments.Appendix A. Interest Tables.Appendix B. Reversing Entries.Appendix C. Special Journals and Subsidiary Ledgers.Appendix D. NIKE, Inc. Appendix E. International Financial Reporting Standards.