Financial Accounting: The Impact on Decision Makers

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The book emphasizes the application of accounting information for effective business decision-making, featuring journal entries that illustrate the impact of transactions on financial statements. It includes annual reports from well-known companies like Nike and introduces Porter’s Ratio Decision-Model for interpreting financial data. The end-of-chapter case materials provide practical experience in analyzing financial statements. A new modular organization allows for easier comprehension and retention of the content, making it a valuable resource for understanding financial accounting.