Publisher's Synopsis
This accounting revised text maintains the conceptual, procedural and user-oriented balance of the previous editions. Content alterations reflect major changes happening in both the accounting field and accounting education. This edition includes an increase in real-world examples, a greater focus on the uses of accounting information, and updated material to reflect contemporary accounting practices.;Topics are presented concisely and the use and interpretation of accounting information is emphasized. Other features include comprehensive problems which tie together concepts presented over a span of chapters, and extensive end-of-chapter material, which assists students in developing critical thinking skills. The accounting cycles is illustrated using one continuous example, and is presented gradually to eliminate any confusion.;New features to this edition include: a discussion of ethics and professional judgemement material; restructuring of current and long-term liabilities; emphasis on the perpetual inventory system; analysis and interpretation of financial statements; and updated managerial accounting material.;Also available: study guide (ISBN 0-07-043063-2); instructor's guide (ISBN 0-07-043077-2); OHT's (ISBN 0-07-074582-X); test bank (ISBN 0-07-043078-0); and ISE due mid 1993 (ISBN 0-07-112717-8).
