Publisher's Synopsis
This text is designed for graduate and MBA level courses in financial accounting. The text's user perspective is designed to foster an understanding of the nature of business transactions, identification of relevant economic events for reporting, determination of the most appropriate financial measures for those events, and analysis of the effects of those events on firm performance and financial condition. New to this edition is a chapter focusing on the communications between a company and its stakeholders, and the whole book maintains an emphasis on real world financial reports, including a complete annual report of PepsiCo in chapter one. A strong emphasis is placed on ethics in accounting in international accounting practices, and learning aids include group work assignments which emphasize accounting information's role in decision making.
