New edition of a reference that imparts the importance of accounting as a source of real business intelligence. In the first half of the text, Ingram and Thomas L. Albright (U. of Alabama), Bruce A. Baldwin (Arizona State U. West) and John W. Hill (Indiana U.) introduce the business environment, explain the accounting information system, and demonstrate how organizations use accounting information to make financing, investing, and operating decisions. In the second half they emphasize the importance of managerial accounting as a key communication process for management decision making. Includes an interactive CD-ROM with Exetor database files. Illustrated with color charts and a few photographs. Annotation c. Book News, Inc., Portland, OR (booknews.com)