This revision of Financial Accounting is the most significant in the book’s long history. The substantial changes we have made are geared to meeting the needs of today’s students, who not only face a business world increasingly complicated by ethical issues, globalization, and technology, but who also have more demands on their time. To help them meet these challenges, we have placed a heavy emphasis on developing their decision-making and critical-thinking skills and on providing information that is easy to understand and process.
We invite you to read the User’s Guide that follows this preface to get a sense of how this book was written to help students master financial accounting. Here, we elaborate on exactly what we set out to achieve in this ninth edition.
A market-leading program, Financial Accounting provides business students and accounting majors with a comprehensive introduction to practices and procedures. The text is well known for its highly respected author team, balanced approach, and real-world emphasis. Accuracy reviewers check every line and work through each exercise in the text and supplements, making Financial Accounting the most accurate among similar texts on the market. The Ninth Edition--which focuses primarily on the use of accounting information in today's business world--represents the most significant revision of the text to date. Content updates reflect current accounting and business practices, while greater attention is given to ethics, service enterprises, and international issues. In addition, the text features a more concise, accessible writing style; a new design to emphasize the user-oriented content; and enhanced technology components for both instructors and students.