Financial Accounting

Résumé du livre

Now in its fifth edition, the primary goal of this text remains the same-teaching students to understand the impact of accounting information on a company's financial statements. The authors illustrate accounting not as a set of technical procedures, but as a way of identifying and understanding business problems and a means for evaluating alternative solutions. By organizing the text around the flow of information through a business, the authors provide students with a sound understanding of first, the accounting information system and then, an analysis of the financial, investing and operating activities of the firm. This approach is especially ideal for students who will become users of accounting information because concepts-not procedures---are emphasized.