Book Description An excellent introduction to financial accounting， this book informs the reader about its significant role in making sound business decisions. With its concentration on the uses of financial accounting rather than on the preparation of accounting information， the authors present the information in a manner that makes the topic readily available for use in a broad number of ways. This complete and easy to understand financial accounting book covers the following topics briefly， yet comprehensively: economic decision-making and business in the United States; balance sheets; income statements and statements of owners' equity; economic management; the accounting system; long-lived depreciable assets; inventory accounting; cash flow statements; and a close look at financial statement analysis. For readers needing a book that will allow them a basic understanding of financial accounting. --This text refers to the Hardcover edition. The publisher， Prentice Hall Business Publishing This introduction to accounting， and its significant role in making sound business decisions， seeks to teach students how to be wise users， not necessarily preparers of accounting information -- a focus endorsed and supported by the AECC. The authors put accounting information into the broader business context， emphasizing what accounting information is， why it is important， and how it is used to make strategic economic decisions. --This text refers to an out of print or unavailable edition of this title. See all Editorial Reviews