This text provides comprehensive coverage of financial and managerial accounting topics at an introductory level. Students see how accountants influence the internal decision-making environment, how managerial accounting relates to financial accounting, and how it differs. The accounting cycle is presented step by step in the first six chapters, illustrated by a continous example, with a review at each stage and alternative accounting methods are also discussed.
This book is excellent. It really accomplishes its learning objectives. Great demonstration problems. Overall a better book than many of the new books out there.
Excellent introduction to accounting.
Published by Thriftbooks.com User , 25 years ago
I speak from my own experience with the 3rd edition of Accounting Principles: this text comes from masters of teaching. Rather than begin with definitions, the authors first submerse you into the course of thought by describing a business problem, then deploy accounting concepts designed to solve it. They grudge no efforts making sure that you understand them correctly-and you do, because the partition between the teacher and the student is removed. Highly recommended.
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