This text is aimed at undergraduates studying courses in accounting. It focuses on managerial accounting and financial accounting, with an emphasis on the uses of financial statements, cash flow and the integration of financial ratios. In this edition the "uses of technology" boxes have been updated to include Internet advances, network computing and other related technologies that have had an impact on the business world. All contents have been updated to reflect recent FASB statements and other business environment changes, and learning aids incorporated into the text include real financial statements to help students apply practical information, end-of-chapter questions and group projects.
