Financial Accounting: A Decision-Making Approach

Integrated for users rather than preparers of accounting information. Provides students with an understanding of accounting so they can apply this information to make effective business decisions. The structure of the accounting profession and accounting regulation, formulation of accounting principles, the importance of cash flows for profit and nonprofit organizations, financial statements, international aspects of accounting, and internal reporting for management decision making are among the topics discussed. Includes a significant amount of hypothetical and authentic examples to facilitate understanding.