This textbook's combined emphasis on both the rationale for, and the implications of, important accounting concepts with accounting procedures aids students in the interpretation, analysis and evaluation of financial statements. The text incorporates many real-world examples and financial statements and integrates international topics throughout. Intended for the graduate level, the text attempts to bridge the gap between the preparation of financial statements and their use in various business situations. It serves to develop in students a sufficient understanding of the basic concepts underlying financial statements and to train them in accounting terminology and methods to facilitate their study.
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