Includes bibliographical references and index.

This text, written by an experienced author team, is designed to help students understand how to use both managerial and financial accounting information to make decisions. Class-tested for three years across the United States, its student-friendly approach has already earned it rave reviews. The text provides an introduction to business in Chapter 1 and is the only introductory accounting book to have an entire chapter (Chapter 2) devoted to creative and critical thinking. A non-technical approach makes learning accounting accessible for majors and non-majors, focuses students on using accounting information for decision making, and conforms with AECC guidelines for teaching accounting. A full-chapter length appendix on the accounting cycle (debits/credits) allows instructors to implement this portion of the course anywhere they desire.