Schaum's Financial Accounting 2 Ed. | 
 enlarge | Author: Jae K. Shim
Publisher: McGraw-Hill
Category: Book
List Price: $18.95
Buy New: $6.00
You Save: $12.95 (68%)
New (29) Used (22) from $5.85
Rating:  6 reviews
Sales Rank: 53227
Media: Paperback
Edition: 2
Pages: 336
Number Of Items: 1
Shipping Weight (lbs): 1.4
Dimensions (in): 10.8 x 8.1 x 0.6
ISBN: 0071341668
Dewey Decimal Number: 657.076
UPC: 639785310143
EAN: 9780071341660
ASIN: 0071341668
Publication Date: July 9, 1999
Availability: Usually ships in 1-2 business days
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Product Description
Practical examples of all important concepts and procedures enrich this clear, logical, and popular guide to financial accounting. This new edition updates material about cash flows and accounting rules and includes new information about accounting software, payroll accounting and federal income taxes. The hundreds of problems with step-by-step solutions prepare students for success with everyday practice and with the CPA exam. Typical exam questions with answers help students measure their comprehension and progress.
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| Customer Reviews: Read 1 more reviews...
 Disapointing December 6, 2008
John C. Morgan (Australia)
This book does not inspire confidence because of the elementary mistakes. On Page 18 for example the balance sheet (columns 3 and 5) does not balance. Need I say more?
 More Than Prepared For My Dantes Test. September 22, 2008
Aaron C. Padgett (Bronx, NY USA)
By the 10th question I had a strong feeling I would pass the test. My final score exceeded my expectations. The test prep questions were harder than the actual test. The practice questions were very complex and involved, which created a comfort when I took the real test. At times you may feel like chapters are lacking content, but the test section makes up for it.
Straight and to the point July 26, 2006
Mr. Alan J. Mccartin (Sydney, Australia)
6 out of 6 found this review helpful
Most texts I've read on Accounting (from my father's extensive library) are long on explanation and short on worked examples. The Schaum series on Accounting is just the opposite. No need to wade through a ton of explanation. A short explanation is followed by worked examples and numerous test questions followed by the answers, fully worked. I'm just starting out in accounting, and sometimes the concepts didn't really gel with me. But by doing the test questions, and in particular being able to check the results and supplied workings, I found that I learnt the principles much more quickly than I would have otherwise, and was able to retain the understanding.
I borrowed this book from my local library, but then I decided it was a perfect reference book to own.
And I bought almost the entire set of the Schaum's accounting series on the strength of my experience with this learning approach.
An excellent book - an excellent series.
 Well Organized Material November 22, 2005
Mark Yelavich (Roseville, California)
8 out of 8 found this review helpful
Schaum's Financial Accounting is a well-written book which augmented my accounting studies.
I especially like the way the table of content is organized. The first three chapters provide an introduction to financial accounting, financial statements and the process of analyzing and recording transactions.
The next three chapters spend time on adjusting and closing entries and then on trial balance worksheets (both for service-oriented and merchandise-oriented businesses). This sets the stage for examining all major aspects of the balance sheet, which chapters 7 through 12 cover.
Following Schaums Outlines typical format, this book presents material in an easy-to-understand manner and then offers the reader with opportunities to solidify their understanding of course material through "Solved Problems" and chapter-end questions.
Shim and Siegel do a fine job of keeping material concise while discussing all major topical points.
They conclude their book with chapters covering partnerships, financial statement analysis, statement of cash flows and multinational operations.
This book merits a 3 1/2 star rating. You might consider Schaums Principles of Accounting I and II for a more thorough examination of the same topical material. However, if you wish to buy just "one book" to augment your studies, "Financial Management" would be a fine choice.
Schaum's Financial Accounting 2 Ed. October 13, 2005
M. Walker Huntington (Kinston, North Carolina)
5 out of 5 found this review helpful
I am an accounting student. I love this book! I have bought all the Schaum's books related to Accounting. If I had to choose just one book, it would be this one. I get lost trying to follow our textbook. I open this puppy up and it has everything. I'm able to follow the explanations and examples without any problem. Trust me! You will not be disappointed. I was very impressed by how fast my books got to me. I had books coming to me within 2 days. In less than one week's time, I had all 7 books. It really is worth it. :-)
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