Target success with this market bestseller covering all of the key financial and management accounting topics—crafted for readers with no prior accounting experience. Accounting, 5/E explores the accounting issues facing companies such as Target, Nantucket Nectars, Teva, Oracle, and a variety of companies doing e-Business. Chapter topics include measuring business income: the adjusting process; merchandising operations and the accounting cycle; information systems; internal control, managing cash, making ethical judgments; merchandise inventory; current liabilities and payroll; partnerships; corporations; retained earnings, treasury stock, and the income statement; investments and international operations; the statement of cash flows; financial statement analysis; an introduction to management accounting; cost-volume-profit analysis; the master budget and responsibility accounting; activity-based costing and other cost management tools; and special business decisions and capital budgeting. For individuals with an interest in accounting and business.