Accounting

This college-level text, now in its seventh edition, is credited to Hermanson, Edwards and Maher and is aimed at students learning accounting. Its plain, conversational prose and frequent use of active sentences have made it a dependable choice for instructors who want material that is easy to teach from.

The book divides its coverage into two parts: 18 chapters on financial accounting and 8 on managerial accounting. Its approach centers on the corporation and on how people use financial statements. Cash flow is introduced early, and financial ratios are woven throughout rather than treated separately. The user-oriented framing that the authors have kept in earlier editions remains a central feature.