USING FINANCIAL ACCOUNTING INFORMATION, 9E is a non-debit/credit text known for its strong decision-making focus and its incorporation of flagship companies for increased relevance. This text provides the appropriate blend of academic rigor with step-by-step learning and decision-making models that reach today's students and equip them with the skills they need to be effective decision makers and future business leaders. Instead of an abstract approach to accounting, USING FINANCIAL ACCOUNTING INFORMATION takes students through recognizable focus companies and their specific financial data and business strategies, imparting students with real-life experience and a model to hone the skills necessary to making important decisions. This edition features three key models that provide students with a more structured approach to understanding financial data and explains how it is used to make sound business decisions. The Transaction Analysis Model helps students see the effects an economic event has on the accounting equation and financial statements, the Financial Decision Framework focuses on ratio analysis and financial decisions, and the Ethical Decision Model helps students use ethical judgment when applying accounting principles. USING FINANCIAL ACCOUNTING INFORMATION, 9E will help students learn and understand core accounting rules. It also will give them a framework through which they can apply their knowledge to make effective business decisions.
As the world moves into a new era, characterized by depleted environmental resources coupled with climate change, businesses seem to have reacted accordingly, making sustainability top of their visible agenda. As such, there is a need to enact the necessary changes and monitor them. Accounting has sought to adapt to address the needs of businesses in this new environment and this book's discourse reflects accounting for sustainability and accounting for climate change.
This book argues that social and environmental accounting has been developing for the last 40 years without ever succeeding in answering the problems and in fact, is actually one of the main problems preventing these issues being satisfactorily addressed. Sustainability cannot be achieved through accounting until the notion of equity is included and accounting adapts from a focus upon efficiency, to a focus upon equity. Games theory can help address this problem but needs developing to be able to do so.
Critical Perspectives on Accounting and Sustainability shows how these problems can be overcome and concludes by making some definite proposals for managing a sustainable future.
<p>For the one-semester undergraduate financial accounting course, this text takes a "user-oriented" approach.</p><p>This text was written in response to the recommendations made by the Accounting Education Change Commission (AECC). <b>Developed around a decision making model, students are taught how to understand the financial accounting processes and how to interpret and use the resulting information.</b> Rather than focus on the recording process, the text teaches why particular items appear in or are omitted from financial statements, how items are valued in the financial statements and the usefulness of report information in a decision-making contaxt.</p><p>Students will learn how to evaluate current reporting criteria in a decision-making context and be introduced to "what-if" analysis using specific business decisions. THrough the linking pog decisions and information, students will learn how to think and analyze rather than memorize. Recognizing the coverage of the basic recording process is necessary for transactional journal entries will be included in some chapters of the text. <b>Broad concepts will be emphasized and those concepts will be illustrated through extensive use of business situations.</b></p>
The European Monetary Union (EMU) got under way on 1 January 1999. Since then 11 European countries share a common currency, the Euro, and pursue a common monetary policy managed by the European Central Bank (ECB). After forty years of economic integration, Europe has the wherewithal with which to enter the 21st century. However monetary union has implications for nearly all areas of economic activity and decision-making. Throughout the academic world researchers are fully occupied with the theoretical analysis of the impact of the Euro and the effects of incorporating the new operational framework into their economic models. Businesses and government departments are concerned primarily with the practical implementation of the single currency. For all those who play a part in the economy, it is a question of making the most of the macro and microeconomic opportunities offered by the Euro and minimizing any threats. The Economic and Business Consequences of the EMU describes the economic consequences of the introduction of the EMU and the Euro for governments, financial institutions and firms. The volume, s aims are threefold: To make a first assessment after about a year=s experience with Economic and Monetary Union; To examine the impact of EMU and the introduction of the Euro in various areas of economic policy, involving both government and the corporate sector including the banking industry; To provide an insight into the challenges that the Euro offers for the coming years with respect both to macro-economic policy and the development of the financial markets and with respect to business management.
An excellent training manual and professional reference, "Fundamentals of Oil and Gas Accounting, 5th Edition", is packed with examples, diagrams, and appendices. The scope of this text is simply unmatched. The book has been completely updated to reflect the current issues facing oil and gas producers operating in both U.S. and international locations. Inside you'll find: a new chapter on asset retirement obligations and asset impairment; an added section on project, analysis and investment decision making; updated coverage of asset exchanges and fair value reporting requirements; thorough discussion of oil and gas pricing and marketing arrangements; and, updated examples and homework problems.