Using a proven non-debit/credit approach that emphasizes the decision-usefulness of accounting information and de-emphasizes mechanical procedures, USING FINANCIAL ACCOUNTING INFORMATION, 10E prepares you to be effective decision makers and business leaders. Porter's unique Transaction Analysis Model demonstrates the effects of economic events on the balance sheet and the income statement. In addition, this book introduces financial data and business strategies in the context of highly-recognizable focus companies in real business situations. Finally, larger topics are broken up into modules that encourage you to review and learn in manageable segments.

Business has become more international and more complex. Whether you are a manager, a student, or someone generally interested in corporate financial information, you want information and you want to understand that information. Companies in all countries are required to generate financial information, if for no other reason than to settle their tax obligations. If you are interested in the larger companies, such as those listed on a stock exchange, they must make financial information public, and the nature and type of that information is strictly regulated. Companies must comply with accounting standards. Many countries use the International Accounting Standards issued by the IFRS Foundation. This is a not-for-profit international organization that has developed a single set of high-quality global accounting standards. These standards can be complex, but this book explains clearly the main requirements.

The Exam Practice Kit is an essential revision tool. It allows students to test knowledge by putting theory into practice and refine exam technique.