Financial Accounting, 10th Edition

Jamie Pratt is Alva L. Prickett Chair of Accounting at the Kelley School of Business in Indiana University. He received his doctoral degree from Indiana in 1977 and has held faculty positions at the University of Washington (Seattle), University of Zurich, Northwestern University, and INSEAD, returning to Indiana in 1991. He served as chair of the Accounting Department from 1998–2004 and chair of Graduate Accounting Programs from 2006–2007. He teaches financial accounting and financial statement analysis at both the undergraduate and graduate levels, and he has received teaching awards at each of the institutions listed above. In addition, he has taught in executive education programs all over the world. His research interests primarily include financial reporting and auditing issues, and he publishes frequently in the top academic accounting journals, including The Accounting Review, Journal of Accounting Research, Contemporary Accounting Research, Accounting, Organizations & Society, Auditing: a Journal of Practice and Theory as well as journals devoted to educational issues such as Issues in Accounting Education and Journal of Accounting Education. He has served as Associate Editor of The Accounting Review, program chair for the American Accounting Association (AAA) annual meeting, and he has received a number of AAA awards and recognitions. Professor Pratt was sole author of a popular textbook through 9 editions (Financial Accounting in an Economic Context), and co-authored another textbook (Financial Reporting for Managers: a Value Creation Perspective). He has also been involved in the creation of a number of other educational materials, including mini-lecture videos, casebooks, spreadsheet exercises, and state-of-the-art interactive CD-ROM products. Parents of three grown boys, he and his wife Kathy live in Bloomington, Indiana, where he enjoys sports, landscaping, and playing the piano.

Michael Peters is the Chair and Alvin A. Clay Professor of Accountancy at the Villanova School of Business. Prior to Villanova University, he was an assistant professor at the University of Maryland-College Park. He received his Ph.D. in accounting from Indiana University. Prior to his doctoral work, he graduated with a degree in accounting from Michigan State University and an MBA in finance from Indiana University. He was previously a Certified Public Accountant in the states of Michigan and Maryland. Professor Peters has work experience in public accounting after his undergraduate degree and commercial banking after his MBA degree. Professor Peters has taught financial accounting at the executive MBA, MBA, MAC, and undergraduate levels at Villanova University. He has been noted in BusinessWeek as an outstanding faculty for his MBA teaching at the University of Maryland–College Park and has also received various teaching awards. His research interests are in financial reporting and auditing along with educational issues. He’s published in the top accounting academic journals such as The Accounting Review, Contemporary Accounting Research, Auditing: A Journal of Practice and Theory, and educational journals such as Issues in Accounting Education. He lives in Devon, Pennsylvania, with his wife Jeannine and two children.