Larry Walther, Ph.D., CPA, CMA, is the EY Professor of Accounting and Senior Associate Dean of the Jon M. Huntsman School of Business at Utah State University. Dr. Walther has authored numerous books and articles on accounting, and he has served as director and/or consultant to a number of public and
This exercise book is the first of three exercise books that correspond directly with the Liabilities and Equity textbook. The exercises relate specifically to Part 1 of the Liabilities and Equity textbook. Exercises focus on current liabilities and employer obligations. The exercises cover accounts payable, the operating cycle, notes payable, contingent liabilities, payroll, and other components of employee compensation.