A business-focused introduction to accounting for all students - not just those intending to be accounting majors. Lead students through the real-world business cycle and how accounting information informs decision-making. Students learn how to base decisions on two kinds of accounting information ' managerial and financial. Departing from the traditional approach taken by other introductory accounting textbooks, students apply both managerial and financial approaches within the topics examined in each chapter. The conversational writing engages students in the theoretical content and how it applies to contemporary real-world scenarios. The new edition updates includes the fully integrated Cafe Revive case study. Students follow a retail coffee business through the book to learn about applying accounting issues in the real world.
Table of Contents
- Introduction to business accounting and the role of professional skills 2. Developing a business plan: cost-volume-profit analysis 3. Developing a business plan: budgeting 4. The accounting system: concepts and applications 5. Recording, storing and reporting accounting information 6. Managing and reporting working capital 7. The income statement: content and use 8. The balance sheet: content, use and analysis 9. The cash flow statement: content and use 10. Sustainable business 11. Short-term planning decisions 12. Capital expenditure decisions
Billie Cunningham, Loren A. Nikolai, John Bazley, Marie Kavanagh, Geoff Slaughter, Sharelle Simmons
Cengage Learning Australia
Country of Publication
Information for Business Decisions with Student Resource Access 12 Months