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 Long-Term Assets textbook. The exercises relate specifically to Part 1 of the Long-Term Assets textbook. Exercises cover available for sale and held to maturity securities, balance sheet presentation, investment purchases at par, purchases at a premium, and purchases at a discount. The exercises also cover accounting for equity investments.