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This book presents accounting, finance and auditing using clear narrative with extensive illustrations. It balances accessibility with rigor. The fifth edition adds material on international accounting and other hot topics. It can be used as the primary book for a one-, two- or three-credit accounting course or to supplement business associations, corporations or corporate finance courses.
- Sales Rank: #1021230 in Books
- Published on: 2009-11-17
- Original language: English
- Number of items: 1
- Dimensions: .84" h x 6.81" w x 9.41" l, 1.64 pounds
- Binding: Paperback
- 522 pages
Review
"Rigorous and Practical"This is a rigorous and practical book in which the author takes you on a methodical, purposive journey, but it is not a highly technical accounting textbook. Each new area is introduced by applying the basics learned at the start. All fundamental areas of accounting are covered, but each is not overbroad. The learning process is facilitated by constantly applying the fundamentals of accounting to real examples. This application tests what you have already learned.
Francis G. Gillis in the Saskatchewan Law Review
"The best introduction to the legal and accounting aspects of corporate disclosures in the post-Sarbanes-Oxley world."Professor Stephen Bainbridge, UCLA Law School
About the Author
Cunningham, the Henry St. George Tucker III Research Professor at GW Law School, has also written popular books on investing and financial information. Widely-selling titles include The Essays of Warren Buffett: Lessons for Corporate America and The AIG Story (written with Hank Greenberg). His work has been published in the leading law reviews as well as the most popular newspapers.
Most helpful customer reviews
1 of 1 people found the following review helpful.
Three Stars
By Max Looper
good
2 of 6 people found the following review helpful.
Loses its intended clarity by getting you lost in lawyerly verbosity
By DanP
This book is inexcusably horrible, without any consolation for brevity or the like. It is quite seriously the worst textbook I've been required to use in law school. Its like the author didn't really understand the goals of accounting beyond the operational forms discussed. On a very practical level, there is often no sign of continuity among the chapters, or a contextual basis for the methods used within its pages. The author, frankly, often "loses the forest for the trees." Though they explain the goals of the tasks to be performed at the outset of each chapter, they then lose all sight of clarity by including needless terms and illustrations filled with vacuous truisms when performing the actual accounting functions. Additionally, the author often refers back to examples far back in the book without giving you a specific page number to go searching for - not only is it infuriating (as the author could have simply copied the information referred to), but the last thing a student of accounting needs to be doing is going on a scavenger hunt while trying to remain clear on the intended task.
Obviously, the result is that this highly intelligent author overly complicates the subject and make it far too difficult for a group (law students) that is generally a bit wary of anything involving numbers. This cannot be the case for a "For Lawyers" book, whose implicit goal is to obviate confusion. These authors, by lobbing words at a task in the hope that maybe we students will somehow grasp the concepts by combing through their verbosity, are defeating their own purpose.
Before assigning this book, I quite seriously recommend professors take a look at "Accounting for Dummies, 4th Edition" -- though it obviously does not hold the "For Lawyers" distinction, which seems to harbor some anodyne hope of giving the textbook some dubious worth, it at least provides the pedagogical material the textbooks tries to without the unnecessary opaqueness. I bought this "Dummies" book halfway through my course and understand so much more of the course material than I do when mining the textbook for information. This should not be the case - its entirely unfair to use a difficult textbook when so many more straightforward materials are out there.
Overly complicating this course with a book as priggish and out of touch as Prof. Cunningham's is really quite unfair to us students, as it takes a brave soul to take an accounting course in law school.
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