Now in its Third Edition, Financial Accounting by Kimmel, Weygandt, and Kieso has been tested and approved in the classroom. This best-selling text has helped students hit the road with a practical set of tools, and the confidence they need to use those tools effectively in making business decisions. Financial Accounting provides students with an understanding of those concepts that are fundamental to the use of accounting. Starting with a "macro" view of accounting information, the authors present real financial statements and establish how a financial statement communicates the financing, investing, and operating activities of a business to users of accounting information. They motivate students by grounding the discussion in the real world, showing them the relevance of the topics covered to their future career.
The authors identify a finite set of tools necessary to make business decisions based on financial information: The Decision Toolkit. This toolkit is consistently re-introduced throughout the text, logically sequenced to take full advantage of the tools presented in earlier chapters, and summarized in the final chapter. This thorough integration of the use of financial statements for decision-making makes this one of the most user-oriented texts available today.
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