Financial Accounting for Decision Makers, 2e
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Book Description:
Master financial accounting with “Financial Accounting for Decision Makers, 2nd Edition” by Mark L. DeFond. Tailored for students and professionals, this Pearson textbook integrates the latest standards like ASC 606 and ASC 842, enhancing decision-making in planning, budgeting, and more.
Financial Accounting for Decision Makers, 2nd Edition
Author: Mark L. DeFond
Publisher: Pearson
ISBN: 978-1618533142
Book Description:
Financial Accounting for Decision Makers, 2nd Edition provides a comprehensive introduction to financial accounting, emphasizing its applicability to key decision-making areas. This textbook is structured around five critical business aspects: planning, budgeting, capital structure, operations, and investment. Each chapter starts with a clear exposition of relevant financial accounting principles, enhanced by practical case studies and examples that demonstrate real-world application.
Hands-on end-of-chapter exercises and problems support students in reinforcing and testing their comprehension of the material. The latest edition brings thorough updates, incorporating current financial reporting standards and practices, including significant additions such as:
- The new revenue recognition standard (ASC 606)
- The new lease accounting standard (ASC 842)
- The new expected credit loss standard (CECL)
Suitable for both undergraduate and graduate levels, Financial Accounting for Decision Makers, 2nd Edition serves as an excellent primary text for students encountering financial accounting for the first time, and a beneficial reference for professionals seeking to understand the application of financial information in decision-making.
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