Survey of Accounting

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. Jefferson P. Jones is the PricewaterhouseCoopers associate professor of accounting at Auburn University. He received his bachelor's and master of accountancy degrees from Auburn University and his PhD in accounting from Florida State University. While earning his CPA, he worked for Deloitte & Touche. He has received numerous teaching awards, including the Outstanding Master of Accountancy Professor Award, the Beta Alpha Psi Outstanding Teaching Award (six times), the Auburn University College of Business McCartney Teaching Award, and the Auburn University School of Accountancy Teaching Award. In addition to writing an intermediate accounting text, he has published articles in Advances in Accounting, Review of Quantitative Finance and Accounting, Issues in Accounting Education, International Journal of Forecasting, The CPA Journal, Managerial Finance, Journal of Accounting and Finance Research and The Journal of Corporate Accounting and Finance. Jones has made numerous presentations around the country on research and pedagogical issues. He is a member of the American Accounting Association (AAA), the American Institute of Certified Public Accountants (AICPA), and the Alabama Society of CPAs (ASCPA). Dr. Carl S. Warren is professor emeritus of accounting at the University of Georgia, Athens. For more than 25 years, Dr. Warren has taught all levels of accounting courses with a primary focus on introductory of accounting and auditing. Dr. Warren has taught classes at the University of Iowa, Michigan State University and the 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 spends as much time as possible visiting with his five grandchildren (two sets of twins). Dr. Warren splits his time between Georgia and Montana.

1. The Role of Accounting in Business
2. Basic Accounting Systems: Cash Basis.
3. Basic Accounting Systems: Accrual Basis.
4. Accounting for Retail Businesses.
5. Internal Control and Cash.
6. Receivables and Inventories.
7. Long-term Operating Assets.
8. Liabilities and Stockholders’ Equity.
9. Manufacturing Operations.
10. Cost-Volume-Profit Analysis.
11. Planning Operations.
12. Operating Decisions.
13. Evaluating Operational Segments.
14. Analyzing Long-term (Capital) Investments.
END-OF-TEXT APPENDIXES.
Appendix A: Double-Entry Accounting Systems.
Appendix B: Metric-Analysis of Financial Statements.
Appendix C: Standard Costs and Variance Analysis.
Appendix D: Using Present Value in Capital Investment Analysis.
Online Appendixes.
Appendix E: Process Cost Systems.
Appendix F: Factory Overhead Variances.
Appendix G: Individual Federal Income Taxes.
Glossary.
Subject Index.
Company Index.