Financial and Accounting Decisions (Part 1, Part 2)

Author: David M. Solomon, by [USA] David M. Solomon, translated by Huang Naisheng, Zhang Zhongxiao, Wu Hong
Publisher:
Publish Date: 1998-08-01
Features: Written specifically for readers involved in business decision-making, it provides an in-depth explanation of accounting and financial management concepts, terminology, and methods related to business decisions. The content is concise and clear, with abundant case studies. The book is rich in content, with concise writing and clear concepts. The integration of numerous cases and charts makes it more engaging to read. It is recommended to be used in conjunction with the other four books in the "Cambridge Contemporary Business Decision Analysis" series. Financial Accounting for Decision Making is designed for readers involved in business decision-making. This book aims to introduce concepts, terminology, and methods of accounting and financial management related to business decisions. It addresses many fundamental issues encountered in current accounting and financial work and includes a wealth of interactive materials to enhance readers' learning interest. This book is suitable not only for students, part-time learners, and six-year business majors in business and engineering colleges but also for business professionals. The first part of the book can serve as a formal textbook for students and can also be used for self-study, accompanied by a second part for guidance. The second part includes summaries of key content from each chapter in the first part, suggestions for other uses of the first part, answers to all exercises B, and an analysis of the questions and difficulty levels for each chapter in B. Financial and Accounting Decision Making includes the full content of the previously published Accounting and Decision Making (3rd Edition) and Financial Decision Making (2nd Edition) in the "Cambridge Contemporary Business Decision Analysis" series. It also includes Chapters 3 to 7 of Production Decision, written by John Powell. Compared to previous editions, Chapter 8 on inflation accounting has been reduced, but it has not been completely removed. The current Chapter 11 introduces new content on break-even analysis. Chapters 16 and 17 have also been rewritten. The entire book has been revised and updated. At the beginning of each chapter, there is a list of content summaries, learning objectives, and brief overviews. Like the other books in this series, at the end of each chapter (except the first), there are many review questions, exercises, case studies, and discussion questions. Exercises A include 25 review questions, all taken from the text and listed in the same order to help readers review anytime. Most chapters include 10–15 exercises B and case studies. Almost all exercises B from previous editions have been retained, allowing readers to practice specific problems, gain confidence, which is very important. Exercises C are discussion questions that require short essays to answer. Sometimes, rather than being an essay, it is more of a discussion question suitable for reader participation. Clearly, the questions in Exercises B and C are far more than anyone could possibly need, so they should be carefully selected for use. A distinctive feature of this book is the glossary at the end. It includes nearly 300 common terms and phrases in financial accounting and their definitions in financial accounting. These terms are highlighted in bold when they first appear in the book.