ACHIEVING GREAT SUCCESS BEGINS WITH A SOLID FOUNDATION

As our eyes are captured by the striking skyline of great cities, it's important to remember that their impressive achievements are based on strong foundations. In much the same way, being successful in the business world begins with fundamental courses like financial accounting. It is only when students have a firm grasp of concepts like the accounting cycle that there is a base on which to stand, a strong foundation on which to grow.

In this edition, as before, the authors have revised the text with a keen eye toward the principle of helping students establish the foundation they will need for future success in business. However, through the addition of a new chapter called Global Business and Accounting, as well as new coverage of International Financial Reporting Standards, the book also introduces students to larger themes and evolving concerns. This dual emphasis allows students to keep their eyes trained upward even as they become solidly grounded in accounting fundamentals.