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Published in the year 2008, Introduction To Financial Accounting is a book that throws light on several key aspects of the subject of Financial accounting. Summary Of The Book In this revised, and updated edition of Introduction To Financial Accounting, the readers are guided through several concepts in the field of Financial Accounting. This book also comprises of a number of chapter-end problems, which are based on analyzing financial statements. In total, there are 12 chapters in this book, each covering different aspects of financial accounting. The chapters present in this book include Measuring Income To Assess Performance, Accrual Accounting And Financial Statements, Intercorporate Investments And Consolidations, Liabilities And Interest, Financial Statement Analysis, Accounting: The Language Of Business, Accounting For Sales, Long-Lived Assets And Depreciation, Inventories And Cost Of Goods Sold, and Stockholder’s Equity. Through the course of this book, the readers are educated on the importance of ethics, in terms of business dealings, and accounting. All in all, this book is highly recommended for students who desire to gain a sound understanding of the subject of Financial Accounting. About The Authors The author of this book, Charles T. Horngren, was a pioneer in the field of Management Accounting. Apart from this book, Horngren had also written Introduction To Management Accounting, Cost Accounting: A Managerial Emphasis, and Student Study Guide For Cost Accounting. Horngren was born on the October 28, 1926, and entered into the U.S Army shortly after completing his schooling. He earned his BS degree from Marquette University, in the year 1949, and worked in public accounting. Horngren completed his MBA from Harvard Business School, along with a Doctoral degree, which he completed from University Of Chicago. He has held the position of the Edmund W. Littlefield Professor Of Accounting, Emeritus, at the Stanford Graduate School Of Business. He passed away on the October 23, 2011, as a result of prolonged illness. Donna Philbrick is also a well-known professor of Accounting, who has authored several articles, and books on Accounting. Apart from this book, Philbrick has also written articles in journals like Contemporary Accounting Research, Journal of Accounting Research, and many others. Philbrick holds a B.S degree from the University Of Oregon, along with an MBA, and Ph.D from Cornell University. She currently holds the position of a lecturer at the Portland State University, and has served at the University Of Oregon, and Duke University, prior to PSU. She mostly teaches courses on Financial Statement analysis, and Financial Accounting to Graduate level students.