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 last of four exercise books that correspond directly with the Accounting Cycle textbook. The exercises relate specifically to Part 4 of the Accounting Cycle textbook. Students will prepare financial statements, perform the closing process, prepare a post-closing trial balance and reversing entries. The exercises also cover classified balance sheets and key financial statement analysis tools relating to business liquidity and the operating cycle.