Financial accounting : a decision-making approach / Thomas E. King, Valdean C. Lembke, John H. Smith.

By:

King, Thomas E

Contributor(s):

Smith, John H

Material type: Text

TextPublication details: New York : J. Wiley, c1997.Description: xxv, 710 p. : ill. (some col.), col. map ; 26 cmISBN:

047130428X

Summary: Accounting information is one of the most powerful tools used in decision making. While the standard approach to learning accounting emphasizes the preparation of financial statements, this text introduces accounting as a resource for decision making. The simple, yet direct, four step decision framework (shown here), introduced in Chapter 1 and carried through the entire book, motivates students to become decision makers by continually asking them to 1) determine goals, 2) collect information, 3) identify and evaluate alternate courses of action, and 4) choose course of action. The innovative end-of-chapter material further develops the decision model by looking at how accounting information may be used in making decisions of varying levels of complexity. A decision-oriented approach emphasizes the strengths and weaknesses of accounting information for various business decisions and improves the understanding of accounting by focusing on how the information is used in making practical decisions. The final result of learning accounting with Financial Accounting: A Decision-Making Approach is an improved basis for understanding, interpreting, and using accounting information that will benefit students in their performance in their other courses and in the workplace.

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Holdings ( 1 )
Title notes ( 4 )

Holdings
Item type	Current library	Home library	Collection	Shelving location	Call number	Status	Date due	Barcode	Item holds
Open Collection	FIRST CITY UNIVERSITY COLLEGE	FIRST CITY UNIVERSITY COLLEGE	Open Collection	FCUC Library	657 KIN (Browse shelf(Opens below))	Available		00008288

Total holds: 0

Includes bibliographical references and indexes.

Accounting information is one of the most powerful tools used in decision making. While the standard approach to learning accounting emphasizes the preparation of financial statements, this text introduces accounting as a resource for decision making. The simple, yet direct, four step decision framework (shown here), introduced in Chapter 1 and carried through the entire book, motivates students to become decision makers by continually asking them to 1) determine goals, 2) collect information, 3) identify and evaluate alternate courses of action, and 4) choose course of action. The innovative end-of-chapter material further develops the decision model by looking at how accounting information may be used in making decisions of varying levels of complexity. A decision-oriented approach emphasizes the strengths and weaknesses of accounting information for various business decisions and improves the understanding of accounting by focusing on how the information is used in making practical decisions. The final result of learning accounting with Financial Accounting: A Decision-Making Approach is an improved basis for understanding, interpreting, and using accounting information that will benefit students in their performance in their other courses and in the workplace.

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