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The collaborative efforts of Thomas Edmonds, Frances McNair, and Philip Olds combine to provide university and college students with a quality comprehensive text in their book Fundamental Financial Accounting Concepts, ISBN 9780073527123. With an emphasis on the foundational components of accounting in a rational sequence, this book enables students to...
The collaborative efforts of Thomas Edmonds, Frances McNair, and Philip Olds combine to provide university and college students with a quality comprehensive text in their book Fundamental Financial Accounting Concepts, ISBN 9780073527123. With an emphasis on the foundational components of accounting in a rational sequence, this book enables students to gain a thorough understanding of material and enables them to comprehend how any business event can impact financial statements. A widely adored tool, the 'financial statements model' is a beneficial inclusion for the way it allows students to envision the concurrent impact of business events on all of the key financial statements (the income statement, the balance sheet, and the statement of cash flows). The leading genius behind this text is Thomas Edmonds. Holding a doctorate from Georgia State University, he currently serves as Professor of Accountancy at the University of Alabama at Birmingham, (UAB). Edmonds is a decorated educator and writer receiving various prestigious teaching awards including the UAB President's Excellence in Teaching Award and the distinguished Ellen Gregg Ingalls Award for excellence in classroom teaching. He is also a seasoned writer with his work being published in the Journal of Accounting Education, the Accounting Review, and the Journal of Accounting, Auditing and Finance. The second contributor to the genius of Fundamental Financial Accounting Concepts is Frances McNair. She received her Ph.D. in accounting from the University of Mississippi and also holds her CPA certification. McNair currently serves as the KPMG Peat Marwick Professor of Accounting at Mississippi State University. Her expert repertoire includes research published in the Journal of Accountancy, Management Accounting, and the Business and Professional Ethics Journal. The final member of this writing team is that of Philip Olds. With a doctorate from Georgia State University and his CPA certification, Olds currently serves s Professor of Accounting at Virginia Commonwealth University.
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