Financial Accounting: A Bridge to Decision Making - Tapa dura

I strongly believe that the reordering of chapters one through six in the revised fifth edition ... is an improvement over the presentation in the fourth edition of the textbook (and I note that I am intimately familiar with the fourth edition). I particularly like chapter one being changed from an introduction to organization's as in the fourth edition to an introduction to organization is business activities. The change makes the chapter are much more focused and makes a much more focused transition into the chapters which follow and introduce accounting procedures and processes such as accruals and deferrals.

Now in its fifth edition, the primary goal of this text remains the same-teaching students to understand the impact of accounting information on a company's financial statements. The authors illustrate accounting not as a set of technical procedures, but as a way of identifying and understanding business problems and a means for evaluating alternative solutions. By organizing the text around the flow of information through a business, the authors provide students with a sound understanding of first, the accounting information system and then, an analysis of the financial, investing and operating activities of the firm. This approach is especially ideal for students who will become users of accounting information because concepts-not procedures---are emphasized.