Principles of Accounting : A Focus on Analysis and Interpretation

Now students can gain a thorough understanding of critical accounting concepts in a real-world context. Principles of Accounting, 8e focuses on analysis and interpretation while retaining the basics of relevant accounting processes. The authors encourage critical thinking and application in a concise, well-illustrated manner.Sound coverage of the accounting process is supported by an unprecedented amount of actual company data and a user orientation designed to prepare students for business success. The authors introduce corporate accounting topics early with Common Stock and Retained Earnings. The book illustrates balanced scorecard, target costing, theory of constraints and other new manufacturing environment issues with a separate chapter on activity-based costing.