This textbook introduces students to the accounting function and how it is used within our economic society. The authors look at accounting as an information-generating system that communicates financial data to support end users in their economic decision-making. They include the theory and concepts of accounting, as well as their view of accounting as "the language of business" and as the art of communicating financial information about a business entity to users such as shareholders and managers.
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Understanding financial accounting as the language of business. Once students see that accounting is the language of business, they are on their way to academic and professional success. Author Jeffery Waybright’s new text, Financial Accounting . in combination with MyAccountingLab–Pearson’s market-leading, online software that offers unlimited practice and immediate feedback–translates the essentials of accounting to students so they understand why and when financially-sound decisions are made in business today. Providing students the opportunity for more “I Get It!” moments, Financial Accounting and MyAccountingLab work together to solidify students’ understanding of the language of business, helping them on their way to success.
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