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Quickly get up-to-speed in all basic accounting principles and procedures and apply that knowledge to real-world financial decisions and requests
The McGraw-Hill 36-Hour Accounting Course has been the gold standard for anyone looking for a fast, no-nonsense primer in all the fundamentals of financial, managerial, and tax accounting concepts. Now thoroughly revised and updated, the fourth edition features new coverage of the technological developments in the field, the recent sweeping tax reforms, and the latest Financial Accounting Standards Board pronouncements.
The McGraw-Hill 36-Hour Accounting Course offers such up-to-date coverage as:
- Complete analysis of the current trends in computer hardware and accounting software
- Coverage of current tax issues, such as the revision of tax rate structure, new deductions and credits for higher education costs, and taxation of Social Security benefits
- New test problems throughout to help you gauge your progress, as well as a final exam that can earn you a Certificate of Achievement
Complete with a doable study plan, The McGraw-Hill 36-Hour Accounting Course is your fast track to easily mastering the essentials of accounting in the shortest time possible.
- Sales Rank: #205904 in Books
- Brand: Dixon, Robert L./ Arnett, Harold E./ Davidof, Howard
- Published on: 2007-07-16
- Released on: 2007-06-25
- Original language: English
- Number of items: 1
- Dimensions: 8.90" h x .10" w x 5.90" l, 1.25 pounds
- Binding: Paperback
- 432 pages
About the Author
Robert L. Dixon, PhD, CPA, was Professor Emeritus of Accounting, Graduate School of Business Administration, University of Michigan.
Harold E. Arnett is Professor Emeritus of Accounting, Graduate School of Business Administration, University of Michigan.
Howard Davidoff, JD, CPA is an associate professor of economics at City University of New York.
Most helpful customer reviews
0 of 0 people found the following review helpful.
Convoluted, test solution errors
By Jean
Here are my pros and cons
PROS:
•well organized. At the end of each chapter, there's a test problem. At the back of the book is the solutions to test problems.
•additional supplementary problems at the back of the book so you can have a better understanding
CONS:
•not entirely convoluted but a bit hard to follow in some sections of each chapter (each chapter? Yes, each chapter.
•errors in test problem solutions. This baffled me at first. There was no way I couldn't do simple double bookkeeping for the 1st test problem, so I redid it twice more.
•seems like the authors priorities were to be perceived as incredibly knowledgeably in thier field rather than *explaining the essentials of accounting* (like it misguided me and says on the cover of the book)
•book says "each lesson takes 1 hour." More realistically, 3 hours including the test question at the end of each chapter
•focuses on controversial concepts different accountants use (eg., "most accountants refer to interest as expense, but it's really a cost of borrowing working money... The concept is related to concept of dividends" and then explains the extremes of what interest can come from). I don't need to know what corporate accountants do. I need to know the essentials.
•front cover reads "explains essentials of accounting." It lied.
Does anyone know of a simpler accounting book for a small-med business?
22 of 24 people found the following review helpful.
Save your money!
By CPAtobe
I bought this book due to all the glowing reviews here, and now that I have it, I'm thorougly confused--both by the book and by the glowing reviews. In 1999, I took two college accounting courses and made an A in each of them. Now, eleven years later, I am enrolled in school to complete my accounting degree. I bought this book to brush up on my skills before my next accounting class starts in January. I sure wish I had just saved my money on this, and gone ahead and bought a textbook. This book does not explain things well at all. I just completed chapter 4, and I feel like I know less about accounting than I did when I started. Even worse, I have already found several errors, some mathematical, and some are probably typos (amounts put in the wrong columns, etc.). How do I know if I'm doing the problems right, if the answer key is full or errors?
In short, I don't recommend this book for either students or business people. There has to be something that is easier to understand and has fewer errors out there.
12 of 13 people found the following review helpful.
NOT for the Beginning Student
By Chris Hanninger
I am a college student whose area of study is Digital Forensic Investigations, and one of the requirements for the degree is a course in Forensic Accounting, however for whatever reason there is not a prerequisite for this course. I opted to take Principles of Accounting to understand the basics and make it my own prerequisite. Since I have a month and a half off school, I figured I would get a head start and start to familiarize myself with the basic principles so that I wouldn't be totally lost in my class. In this previous semester I had taken Investigating White Collar Crime, and easily understood the basics of Fraud Auditing such as shell accounts, check fraud, money laundering, embezzlement and analyzing this using the Benford-Curve Analysis on statement sheets.
I picked up this book thinking that I would get a great basic understanding for my class next semester. My heart sank when I read "The course assumes the reader to have a layman's acquaintance with such terms as accounts receivable and common stock, but it also assumes zero knowledge of the accounting process at the outset." I bought the book a week ago and I'm still trying to understand Chapter 1: The Balance Sheet. The most frustrating part of this chapter was the fact that it gave a formula for finding "net worth" then 3 pages later it states to disregard that term, and replace it with "stockholders' equity or capital stock." Yet, there is no definition of these terms and aren't even discussed. In the examples of the balance sheet (and there's 5 different layout forms to select from) there's no explanation of why a certain value is entered in column 1 and some of the others are in column 2, and sometimes column 3. It would have been nice to have that explanation. There are tests at the end of each chapter, which is really nice to see, and thought that would help me. In the test problem however there was mention of dividends, mortgage notes, uncollectible funds, unexpired insurance, inventory without ANY mention of these terms or how to include them into a statement sheet, let alone what category they should be included. I feel that if it's on the test then it should be discussed in the chapter.
If this is a 36 Hour course then I have failed. I am now into Night 4 at about 2 hours each session to try to grasp just the first chapter. A lot of these reviews are from business professionals who have given this book great reviews and say it's a "must have" and how much it helped them. I am writing this review from a perspective of a brand new student to this field. Be warned: if you get this book then this is not your only resource to understand this material. I had to use search engines to research basic terminology that I felt should have been included in a glossary, and had to "cheat" by looking at the solution to even begin to understand how to layout the statement sheet because of the added factors on the test question that was not discussed in the forms.
This course may be 36-Hours but that's 36-Hours of studying just the book. Unfortunately that time frame does not include the usage of additional research and information sources.
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