Accounting is often referred to as the language of business. Unfortunately, many business professionals lack the required fluency in this unique language to perform basic financial analysis, prepare budgetary forecasts, or to compare competing capital investment alternatives. This book targets individuals with limited exposure to—or formal training in—accounting and related finance disciplines. These individuals include—but certainly are not limited to—engineers, information technology specialists, retail managers, entrepreneurs, marketing directors, construction contractors, attorneys, and bankers who are making career transitions from consumer lending positions to become commercial loan officers. The primary purpose of this book is to help managers and business owners from diverse professional and educational backgrounds to (1) converse more effectively with their accounting and finance colleagues; (2) understand the structure and the elements of general purpose financial statements; (3) identify both the usefulness and the limitations of accounting information; (4) prepare budgets and financial forecasts; and (5) make sense of commonly used decision-making models.
Accounting is often referred to as the language of business. Unfortunately, many business professionals lack the required fluency in this unique language to perform basic financial analysis, prepare budgetary forecasts, or to compare competing capital investment alternatives. This book targets individuals with limited exposure to—or formal training in—accounting and related finance disciplines. These individuals include—but certainly are not limited to—engineers, information technology specialists, retail managers, entrepreneurs, marketing directors, construction contractors, attorneys, and bankers who are making career transitions from consumer lending positions to become commercial loan officers. The primary purpose of this book is to help managers and business owners from diverse professional and educational backgrounds to (1) converse more effectively with their accounting and finance colleagues; (2) understand the structure and the elements of general purpose financial statements; (3) identify both the usefulness and the limitations of accounting information; (4) prepare budgets and financial forecasts; and (5) make sense of commonly used decision-making models.
This soft-cover booklet is filled with columnar paper for each Problem in the textbook. Students encounter Checkpoints throughout the working papers to ensure they are on the right track
This soft-cover booklet is filled with columnar paper for each Problem in the textbook. Students encounter Checkpoints throughout the working papers to ensure they are on the right track.
The Working Papers contain columnar paper for each Problem and Comprehensive Problem in the text. Problem headings and "given" data already are filled in.
This soft-cover booklet is filled with columnar paper for each Problem in the textbook. Students encounter Checkpoints throughout the working papers to ensure they are on the right track.
Suitable for students learning basic accounting concepts, this work includes financial accounting topics, and managerial accounting material. It also integrates several boxed elements that provides a more streamlined approach to chapter topics.
Financial and Managerial Accounting: The Basis for Business Decisions continues to offer a solid foundation for students who are learning basic accounting concepts. Known for giving equal weight to financial and managerial topics, the authors emphasize the need for a strong foundation in both aspects of accounting. The authors made data driven revisions focusing on where students were struggling and updated content accordingly. Updates have also been made to the high-quality end of chapter problems and new revenue recognition standards.
This edition of 'Financial and Managerial Accounting' continues to be a solid foundation for students who are learning basic accounting concepts. The authors have added to and refined the coverage of International Financial Reporting Standards. Hallmarks of the text - including the solid accounting cycle presentation, relevant pedagogy, and high quality, end-of-chapter material, have been updated throughout the book.
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