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                  x                  Preface

                                         Financial Accounting Video Library. The Financial Accounting Video Library
                                          includes short, action-oriented videos for lively classroom discussion of topics, in-
                                          cluding disclosure practices, accounting quality, the role of International Accounting
                                          Standards, and the impact of regulators. (ISBN 978-0-07-237616-6[0-07-237616-3])
                                         Prerequisite Skills Development. There are materials to aid readers
                                          in understanding basic accounting and finance concepts: (1)  MBA
                                          Survival Kit—Accounting Interactive CD—ISBN: 978-0-07-304454-5(0-07-304454-7),
                                          and (2)  Essentials of Finance with Accounting Review CD—ISBN:
                                          978-0-07-256472-3(0-07-256472-5).
                                         Customer Service. 1-800-338-3987 or access http://www.mhhe.com



                                     ACKNOWLEDGMENTS
                                     We are thankful for the encouragement, suggestions, and counsel provided by many in-
                                     structors, professionals, and students in writing this book. It has been a team effort and
                                     we recognize the contributions of all these individuals. They include the following pro-
                                     fessionals who read portions of this book in various forms:

                                     Kenneth Alterman         Michael A. Hyland        George B. Sharp
                                       (Standard & Poor’s)      (First Boston Corp.)     (CITIBANK)
                                     Michael Ashton           Robert J. Mebus          Fred Spindel
                                       (Ashton Analytics)       (Standard & Poor’s)      (PricewaterhouseCoopers)
                                     Clyde Bartter            Robert Mednick           Frances Stone
                                       (Portfolio Advisory Co.)  (Arthur Andersen)       (Merrill Lynch & Co.)
                                     Laurie Dodge             William C. Norby         Jon A. Stroble
                                       (Interbrand Corp.)       (Financial Analyst)      (Jon A. Stroble & Associates)
                                     Vincent C. Fung          David Norr               Jack L. Treynor
                                       (PricewaterhouseCoopers)  (First Manhattan Corp.)  (Treynor-Arbit Associates)
                                     Hyman C. Grossman        Thornton L. O’Glove      Neil Weiss
                                       (Standard & Poor’s)      (Quality of Earnings Report)  (Jon A. Stroble & Associates)
                                     Richard Huff             Paul Rosenfield           Gerald White
                                       (Standard & Poor’s)      (AICPA)                  (Grace & White, Inc.)


                                     We also want to recognize the following instructors and colleagues who provided
                                     valuable comments and suggestions for this edition and past editions of the book:

                                     Rashad Abdel-Khalik      Dick Baker               Shyam Bhandari
                                       (University of Illinois)  (Northern Illinois University)  (Bradley University)
                                     M. J. Abdolmohammadi     Steven Balsam            Fred Bien
                                       (Bentley College)        (Temple University)
                                                                                         (Franklin University)
                                     Robert N. Anthony        Mark Bauman
                                       (Harvard University)     (University of Northern Iowa)  John S. Bildersee
                                                                                         (New York University)
                                     Hector R. Anton          William T. Baxter
                                       (New York University)    (CUNY—Baruch)          Linda Bowen
                                     Terry Arndt              William Belski             (University of North
                                       (Central Michigan University)  (Virginia Tech)    Carolina–Chapel Hill)
                                     Florence Atiase          Martin Benis             Vince Brenner
                                       (University of Texas at Austin)  (CUNY—Baruch)    (Louisiana State University)
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