The best-selling decision-making introductory accounting text, Accounting: Business Reporting for Decision Making is now in its 5th Edition. This new edition, updated to reflect the most current topics in business sustainability, continues to cover the basic principles of business decision making using fundamental concepts and tools from the disciplines of financial accounting, management accounting and finance. Focused on the application and interpretation of typical business reports and how accounting information is used in business decision-making processes, the text emphasises the conceptual and business applications of accounting and accounting information, providing clear explanations , applications, and supporting digital resources so students appreciate the significant role of accounting information in all business environments.
Preface xiii Acknowledgements xvi Chapter 1 Introduction to accounting 2 Chapter 2 Business sustainability 40 Chapter 3 Business structures 76 Chapter 4 Business transactions 116 Chapter 5 Balance sheet 150 Chapter 6 Income statement and statement of changes in equity 214 Chapter 7 Statement of cash flows 268 Chapter 8 Analysis and interpretation of financial statements 332 Chapter 9 Budgeting 402 Chapter 10 Cost--volume--profit analysis 444 Chapter 11 Costing and pricing in an entity 492 Chapter 12 Capital investment 534 Chapter 13 Financing the business 570 Chapter 14 Performance measurement 608 Glossary 653 Appendix 665 Index 707