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Survey of Accounting
Survey of Accounting

Survey of Accounting, 7th Edition

ISBN10: 1264442971 | ISBN13: 9781264442973
By Christopher Edmonds, Mark Edmonds, Jennifer Edmonds and Philip Olds
© 2024

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* The estimated amount of time this product will be on the market is based on a number of factors, including faculty input to instructional design and the prior revision cycle and updates to academic research-which typically results in a revision cycle ranging from every two to four years for this product. Pricing subject to change at any time.

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Survey of Accounting,7th edition, is designed to cover both financial and managerial accounting topics in a one-semester non-major course. The book focuses on decision-making by employing a Horizontal Financial Statements Model to show students how each business event impacts the financial statements. Managerial chapters focus on using the information to make business decisions. Edmonds’ unique approach shifts the focus from memorizing procedures to developing real-world thinking patterns and is easy for students to understand. The book offers the most comprehensive set of instructional videos on the market including an author-created video and quiz for each learning objective. The 7th edition also includes all-new resources such as Self-Study review problem videos to walk students through a comprehensive problem at the end of each chapter, an expanded number of guided example videos to assist students with end-of-chapter exercises, brief exercises that focus on one learning objective at a time, and career readiness features such as assignable Tableau Dashboard Activities, Integrated Excel Exercises, and Critical Thinking problems that build student familiarity and skills with tools that are commonplace in business and accounting practices today. These pedagogical innovations and supplementary materials have made the Edmonds content a popular choice.

Chapter 1 An Introduction to Accounting

Chapter 2 Accounting for Accruals and Deferrals

Chapter 3 Accounting for Merchandising Businesses

Chapter 4 Internal Controls, Accounting for Cash, and Ethics

Chapter 5 Accounting for Receivables and Inventory Cost Flow

Chapter 6 Accounting for Long-Term Operational Assets

Chapter 7 Accounting for Liabilities

Chapter 8 Proprietorships, Partnerships, and Corporations

Chapter 9 Financial Statement Analysis

Chapter 10 An Introduction to Management Accounting

Chapter 11 Cost Behavior, Operating Leverage, and Profitability Analysis

Chapter 12 Cost Accumulation, Tracing, and Allocation

Chapter 13 Relevant Information for Special Decisions

Chapter 14 Planning for Profit and Cost Control

Chapter 15 Performance Evaluation

Chapter 16 Planning for Capital Investments

Appendix A Accessing the EDGAR Database through the Internet

Appendix B The Double-Entry Accounting System

Appendix C Portion of the Form 10-K for Target Corporation

Appendix D Big Data and Data Visualizations Overview
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About the Author

Christopher Edmonds

Christopher T. Edmonds, PhD, is a professor in the Department of Accounting and Finance at the UAB Collat School of Business. He also is the course coordinator for the face-to-face and online principles of accounting courses. Dr. Edmonds specializes in teaching and developing engaging face-to-face and online introductory accounting courses. He is a frequent speaker at conferences and universities on best teaching practices and has delivered over 40 professional teaching workshops. His passion for helping students learn inspired him to create hundreds of short videos teaching the fundamental concepts of accounting. This work led to the publication of the first interactive video textbook for introductory accounting.

Dr. Edmonds has received seven prestigious teaching awards including the UAB President’s Outstanding Teaching Award, UAB Faculty Student Success Award, UAB Transformative Online Course Award, UAB Loudell Ellis Robinson Classroom Teaching Award, UAB Disability Support Recognition Award, and the Virginia Tech Favorite Faculty Award. He has published four textbooks and has written numerous articles that have appeared in publications including The Accounting Review, Auditing: A Journal of Theory and Practice, Journal of Accounting and Public Policy, Issues in Accounting Education, Advances in Accounting Education, Advances in Accounting, and Review of Quantitative Finance and Accounting. He currently serves on several editorial boards. Dr. Edmonds started his career as a web application developer creating software solutions to put newspapers online.

He began his academic training at Colorado State University. He obtained an MBA from UAB. His PhD with a major in accounting was awarded by Virginia Polytechnic Institute and State University.


Mark Edmonds

Mark A. Edmonds, Ph.D., CPA, is an assistant professor in the Department of Accounting and Finance at the University of Alabama at Birmingham (UAB). He has taught principles and advanced accounting classes in face-to-face, flipped, and online formats.

Dr. Edmonds is currently spearheading the effort within the Collât School of Business to integrate data analytics into the accounting curriculum. He has developed business analytics teaching tools at both the graduate and undergraduate level. Several contributions have been made to this text revolving around the data analytics concepts Dr. Edmonds incorporates into his classes. He is the recipient of the Loudell Ellis Robinson excellence in teaching award.

Dr. Edmonds began his career providing assurance services for the internationally recognized accounting firm Ernst & Young. He utilizes this professional experience to bring a practical approach to the concepts covered in this text. At the conclusion of his professional service, he obtained his PhD from Southern Illinois University Carbondale. He serves as the education adviser on the board of the Institute of Internal Auditors Birmingham Chapter. Dr. Edmonds’ research focuses on alternative learning strategies in accounting. He frequently publishes in prominent journals such as Issues in Accounting Education and Journal of Accounting Education.


Jennifer Edmonds

Jennifer Echols Edmonds, Ph.D., is an associate professor at the University of Alabama at Birmingham (UAB) Collat School of Business. Her primary teaching areas are financial and managerial accounting. She has experience teaching in the Undergraduate, MAC, and MBA programs.

Dr. Edmonds is passionate about increasing engagement and creating a community for all students. She has spoken at numerous conferences such as the AAA Annual Meeting, AAA Conference on Teaching and Learning in Accounting, AAA Teaching, Learning & Curriculum section, Teachers of Accounting at Two-Year Colleges, and Annual Accounting Educators’ Symposium. She has received the UAB Loudell Ellis Robinson Classroom Teaching Award, as well as teaching grants from Deloitte, UAB, and Virginia Tech. She created teaching resources for incorporating International Financial Reporting Standards into Intermediate Accounting. The teaching resources were published online at the American Accounting Association.

Also active in the research community, Dr. Edmonds serves on the editorial board for Advances in Accounting and Journal of International Accounting, Auditing, and Taxation. She has published articles in prominent journals such as Journal of Accounting and Public Policy, Advances in Accounting, Research in Accounting Regulation, and The CPA Journal.

Dr. Edmonds received a bachelor’s degree in accounting from Birmingham-Southern College and completed her master’s and PhD degrees in accounting at Virginia Polytechnic Institute and State University.

Philip Olds

Professor Olds is associate professor of accounting at Virginia Commonwealth University (VCU). He serves as the coordinator of the introduction to accounting courses at VCU. Professor Olds received his AS degree from Brunswick Junior College in Brunswick, Georgia (now Costal Georgia College). He received a BBA in accounting from Georgia Southern College (now Georgia Southern University), and his MPA and PhD degrees are from Georgia State University. After graduating from Georgia Southern, he worked as an auditor with the U.S. Department of Labor in Atlanta, Georgia. A former CPA in Virginia, Professor Olds has published articles in various professional journals and presented papers at national and regional conferences. He also served as the faculty adviser to the VCU chapter of Beta Alpha Psi for five years.

In 1989, he was recognized with an Outstanding Faculty Vice-President Award by the national Beta Alpha Psi organization. Professor Olds has received both the Distinguished Teaching Award and the Distinguished Service Award from the VCU School of Business. Most recently, he received the university’s award for maintaining High Ethical and Academic Standards While Advocating for Student-Athletes and Their Quest Towards a Degree.

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