Accounting information is relevant in business decisions for it helps determine, keep track, and analyse all the budget, inventory, data, asset, and the growth of the company. It is important to understand the different methods and measurement roles in order to achieve good communication of information within the organization. A comprehensive business planning is required before the company come up with a final decision. The role of Accountants are very vital in helping the company to plan and achieve the company's goals.
The Accounting: Information for Business Decisions book focused on how Accounting helps the business make a decision. This book introduces the students on both managerial and financial accounting. Each topic is well presented with questions at the end of each chapter. This will help the students deal with real-world business scenarios and apply their knowledge in solving accounting issues. It also includes stop questions to encourage students to pause and consider the outcome of a situation.
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 â 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 again includes the popular Sweet Temptations case study. Students follow the retail chocolate business through the book to learn about applying accounting issues in the real world.