by Collins, Salzman
| ISBN: 978-1-61853-315-9 | Copyright 2020
Use of the FASB Codification as the key research tool throughout the
text, including screenshots and primary source excerpts from the Codification,
will give students an understanding of how research applies to the analysis of
actual accounting issues and practical knowledge of how to use FASB guidance in
their research efforts.
Left to their own devices, students often default to using a “search”
function in the Codification. This text
teaches students to utilize a “browse” approach, including teaching the
organization of accounting guidance, that will result in much more effective
searches. No other text teaches students
this method for efficiently searching accounting guidance.
Research and communication techniques are presented in the context of
actual technical issues, giving students extensive exposure to the accounting
literature while learning professional research and writing skills.
Chapter 4 covers communicating in written form including drafting
effective emails and preparing research memoranda. Chapter 13 covers creating
and delivering effective presentations.
A chapter is dedicated to the understanding of the global standard
setting environment, international accounting and auditing standards, and the
relevance of these standards to U.S. accounting practitioners.
This feature offers students in-chapter opportunities to practice the
skill being discussed. It follows major
topic areas and offers immediate reinforcement of the subject matter.
At the end of each chapter, there are research exercises, as well as
case study questions that provide students the opportunity to think critically
about more involved, open-ended accounting issues. Students will be required to identify the
researchable question, research the issue, and practice technical writing
skills in their responses.
Each chapter begins with an opening vignette that uses chapter content
in a scenario highlighting a research problem faced by a beginning
researcher. The intention is an
immersive experience for the student at the outset of the topic, inspiring in
students’ an enthusiasm for learning the topic.
Additional assignments and video examples have been added to MBC.
Includes strategies for navigating the revised revenue and lease
topics and new assignments requiring students to research and interpret the new
standards and to document and communicate their findings.
Presents updated screenshots of the Codification featuring the latest
The author presents a real research question involving baseball
stadium concession sales (Lease? Revenues?) and integrates it throughout
chapters 3 and 4. Students will follow this real world example through the
research process culminating in a new chapter-end sample memo.
The text includes new, current and real-world case studies of
varying difficulty level – including cases building upon the stadium example.
Cases place increased emphasis on the use of professional judgment.