Share
Financial Accounting for Decision Makers
- Mark DeFond - Marshall School of Business, University of Southern California, USA
Courses:
Principles of Management
Principles of Management
August 2025 | Cambridge Business Publishers
Formerly published by Cambridge Business Publishers, now published by Sage
Financial Accounting for Decision Makers, Third Edition prepares students for careers in business by building a strong foundation in financial accounting and reporting without overwhelming them with the mechanical procedures designed for future accountants. The text emphasizes how accounting information is used in decision-making by managers, investors, and other business professionals.
Designed for the first financial accounting course at both the undergraduate and graduate level, this book focuses on interpretation rather than debits and credits. Students learn how economic events flow into financial reports through the Transaction Analysis Template (TAT)—a simple, intuitive framework that replaces the traditional debit/credit paradigm.
Real-world financial statements from well-known companies are used throughout the text, helping students understand how accounting information is applied in practice. With integrated reviews, guided examples, and digital support through myBusinessCourse™, the book keeps students focused on what financial information means and how it supports informed business decisions.
A Complete Teaching and Learning Package
For additional information or to request a personalized tour of the following tools and resources, please contact your sales representative:
Learning Platform: This text is available with myBusinessCourse™, an easy-to-use online platform that helps students learn accounting. It includes auto-graded homework, integrated Excel® assignments, and engaging, author-created videos that reinforce key concepts. Designed to complement classroom instruction, it offers interactive tools that build understanding, improve retention, and boost student readiness for the CPA Exam and their entry into the professional world. And it works — 95.5% of students said it helped them learn accounting. myBusinessCourse™ is available with LTI integration for Blackboard, Canvas, Brightspace (D2L), and Moodle.
Instructor Resources/Ancillaries: To access the resources for this title—including the test bank, editable chapter PowerPoint® slides, solution files, and supplementary materials—please follow these easy steps:
Financial Accounting for Decision Makers, Third Edition prepares students for careers in business by building a strong foundation in financial accounting and reporting without overwhelming them with the mechanical procedures designed for future accountants. The text emphasizes how accounting information is used in decision-making by managers, investors, and other business professionals.
Designed for the first financial accounting course at both the undergraduate and graduate level, this book focuses on interpretation rather than debits and credits. Students learn how economic events flow into financial reports through the Transaction Analysis Template (TAT)—a simple, intuitive framework that replaces the traditional debit/credit paradigm.
Real-world financial statements from well-known companies are used throughout the text, helping students understand how accounting information is applied in practice. With integrated reviews, guided examples, and digital support through myBusinessCourse™, the book keeps students focused on what financial information means and how it supports informed business decisions.
A Complete Teaching and Learning Package
For additional information or to request a personalized tour of the following tools and resources, please contact your sales representative:
Learning Platform: This text is available with myBusinessCourse™, an easy-to-use online platform that helps students learn accounting. It includes auto-graded homework, integrated Excel® assignments, and engaging, author-created videos that reinforce key concepts. Designed to complement classroom instruction, it offers interactive tools that build understanding, improve retention, and boost student readiness for the CPA Exam and their entry into the professional world. And it works — 95.5% of students said it helped them learn accounting. myBusinessCourse™ is available with LTI integration for Blackboard, Canvas, Brightspace (D2L), and Moodle.
Instructor Resources/Ancillaries: To access the resources for this title—including the test bank, editable chapter PowerPoint® slides, solution files, and supplementary materials—please follow these easy steps:
- Visit mybusinesscourse.com.
- Sign in with your instructor account. New to myBusinessCourse™? Create an instructor account here.
- From your instructor dashboard, go to the Request Materials page and request access to this title's resources. Verified instructors receive immediate access; new accounts are typically verified within 48 business hours.
About the Author
Preface
Brief Contents
Contents
Chapter 1: Financial Accounting and Business Decisions
Chapter 2: Processing Accounting Information
Chapter 3: Accrual Basis of Accounting
Chapter 4: Understanding Accounting Information
Chapter 5: Internal Control and Cash
Chapter 6: Receivables
Chapter 7: Inventory
Chapter 8: Long-Lived Assets
Chapter 9: Liabilities
Chapter 10: Stockholders’ Equity
Chapter 11: Statement of Cash Flows
Chapter 12: Analysis and Interpretation of Financial Statements
Appendix A: Columbia Sportswear: Financial Statements
Appendix B: Under Armour Financial Statements
Appendix C: The Language of Accountants: Debits and Credits
Appendix D: Accounting for Investments and Consolidated Financial Statements
Appendix E: Accounting and the Time Value of Money
Appendix F: Data Analytics and Blockchain Technology
Index