Principles of Financial Accounting, 3rd edition, continues to provide leading accounting content that engages and motivates students. With its step-by-step approach, this book streamlines complex accounting processes and helps students to build confidence by mastering key concepts and procedures. Suitably written for both introductory and intermediate courses on Financial Accounting, guided by international accounting standards, this edition helps students to develop good decision-making habits as they prepare, analyze, and apply accounting information. It also includes the latest available financial reports of Nestlé and adidas, both multinational companies that comply with international standards in accounting to further reinforce the real-world relevance of accounting concepts.



KEY FEATURES

•The recognition, measurement, disclosure and reporting of revenues, receivables, and investments follow the guiding principles of international accounting standards.

•Available with Connect®, a personalized learning management solution that seamlessly integrates homework and assessment with learning science technology to improve student results.

•A unique pedagogical framework that gives insight into every aspect of business decision making supported by accounting information.

•Conceptual/Analytical/Procedural (CAP) model allows instructors to easily customize their courses.

•Chapter-opening stories featuring business from diverse sources.

•Useful points, hints, and tips strategically placed inside margins.

•Comprehensive end-of-chapter questions, exercises, and problems.