Unlike any other text, Ingram presents managerial accounting as a crucial communication tool for management decision making. Additionally, students learn that service-oriented and product-oriented organizations apply similar approaches to gain accurate, timely information. Throughout the book, managerial accounting is viewed as a key component of multi-disciplinary management-with accountants working as part of a team to resolve questions of costing, pricing, and production.
In this inspired new edition, the authors illustrate accounting not as a set of technical procedures to be memorized, but as a way of identifying and understanding business problems and a means for evaluating potential solutions. Now in its fourth edition, the primary goal of this text remains the same -- to teach students to understand a company's financial statement information. This unique organization introduces students to how a business uses accounting information and then emphasizes activities of the firm in the second half of the book. This engages students in the type of financing, investing and operating decisions that a firm has to make. The approach is especially ideal for students who will become users of accounting information because concepts - not procedures - are emphasized.
This engaging new edition is designed to bridge the gap between traditional and conceptual approaches of accounting. The best of both worlds are presented for those wishing to capitalize on the authors' strong conceptual approach plus teach the fundamentals of journal entries. Ingram & Baldwin explicitly link journal entries to their financial statement effects. The unique organization introduces students to how a business uses accounting information and then, in the second half, activities of the firm are emphasized. This engages students in the type of financing, investing and operating decisions that a firm has to make. This approach is especially ideal for students who will become users of accounting information because concepts - not procedures - are emphasized.
· 2005
This innovative, contemporary, and relevant text focuses on the use of accounting information for decision making and places students into situations where management decisions need to be made. Students learn both when and why accounting information is key to communicating important information within an organization, so that as managers they can make informed choices. The first half of the text demonstrates how organizations use accounting information to make financing, investing, and operating decisions. The second half emphasizes managerial accounting as a key communication process for management decision making.
Now in its sixth edition, Ingram, Albright, FINANCIAL ACCOUNTING WITH JOURNAL ENTRIES, INTERNATIONAL EDITION continues to teach students to understand the impact of accounting information on a company's financial statements. The authors illustrate accounting not as a set of technical procedures, but as a way of identifying and understanding business problems and a means for evaluating alternative solutions. By organizing the text around the flow of information through a business, the authors provide students with a sound understanding of the accounting information system and then an analysis of the financial, investing and operating activities of the firm. This approach is especially ideal for students who will become business managers, not accountants.
· 1996
Designed for the financial half of the first year accounting course where AECC guideline integration and a true user text is desired. The primary goal of the text is to teach students to interpret annual report information and then analyze a company's performance using this information. The book thoroughly explains the relationship between accrual and cash flow measures, as the author believes that student understanding of that relationship is crucial to their full understanding of using accounting as an informational tool.