Many schools choose the tenth edition of Accounting: The Basis for Business Decisions because it is still the ideal text for a course taken by majors and non-majors. While accounting majors receive exposure to and practice with accounting procedures, terms and concepts, non-majors learn the role of accounting information in business decisions. This edition has two new co-authors. Ray Whitington and Mark Bettner share their accounting expertise, teaching experience, and writing excellence.
Upgraded materials include:
managerial accounting
capital budgeting
incremental decision making, standard costing, and operational budgeting have been upgraded.
A new appendix on Activity Based Costing and expanded coverage of transfer pricing enhance the managerial chapters.
New material covered includes
Forms of Business Organization (Chapter 6)
Introduction to Cash Flows and Financial Statement Analysis (Chapter 8).