Thenew edition of this widely used and respected introductory accounting textbookcontinues to provide students and academics with a well written and accessible resource, with ample illustrations and applications to business for a first study ofaccounting. Thetext effectively maintains the balance between a 'user' and 'preparer'perspective by integrating real financial information and business decisions throughout.Through the use of real company information and financial statements studentswill quickly appreciate the use and users of accounting information. The textbookclearly outlines to students how a financial statement - such as a balancesheet, income statement, cash flow statement - communicates the financing, operating, and investing activities of a business. The text builds a strong conceptualunderstanding and develops skills in the application of accounting principlesand techniques, providing students with a solid foundation for further studiesin accounting. The integral role offinancial statements for decision making is also emphasised in this text and isreinforced throughout by the DecisionToolkit in each chapter. Studentsare provided with an extensive set of tools necessary to make businessdecisions based on financial information. Thethird edition will continue to engage, excite and educate students.
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