Financial Accounting: The Impact on Decision Makers 8th Edition PDF Download Ebook. Belverd E. Needles and Marian Powers offer an up-close perspective on how accounting truly affects businesses today. You will explore an appropriate "focus company" with each chapter, applying accounting principles in the context of that company's specific financial information and business strategy, giving you the real-world experience with financial data you need to succeed in business.
This edition includes a Looking Ahead feature that includes discussions of the current environment of financial reporting, specifically the International Financial Reporting Standards. Portable On-Demand (POD) Reviews give instant feedback to students to help them master key concepts. Found after each chapter objective, this feature combines a conceptual overview with a quick quiz to engage students in the content. POD Reviews are available to download onto electronic devices and in multiple formats.
Brief exercises allow students to confirm what they've learned in the short run, and develop the skills and confidence they need to effectively work more complex exercises and problems. Key annual report excerpts from Kellogg's and General Mills bring the role of accounting in business into focus for students, while two additional reports from competing companies allow relevant comparisons that encourage critical thinking.
Streamlined introductory chapters stimulate student interest and highlight the value accounting creates in an organization. Additionally, early introduction of the statement of cash flows exposes students to the delicate balance between operations and a company's investing and financing activities, and how its management impacts an organization's viability.
This 6-step process illustrates how to apply financial information in business and investment decisions. The model helps students learn not only what accounting is, who makes the rules, and who uses financial information, but also how that information forms the basis for decision making. Each time a new ratio is introduced, the Ratio Decision Model helps you walk students through it, step by step--from developing and using a financial ratio to financial statement excerpts that highlight ratio terms--helping them analyze and apply ratios most effectively.
Chapter 1 broadens the scope of business decision making to facilitate those involving the ethical dilemmas of our day. Students will learn how to recognize true ethical dilemmas, analyze key elements, determine alternatives, and select the best alternative. Every chapter features a single company, complete with financial data and business strategy, along with assignments that get students to dig deeper into the company's financials.
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