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Tools for Business Decision Making

Accounting:

Paul D. Kimmel; Jerry J. Weygandt; Donald E. Kieso

Ch. 13: Financial Analysis: The Big Picture

Read pages 646-678. Consider: What are the main objectives of comparative analysis and why are they important to external users of the financial statements, such as investors?

Ch. 14: Managerial Accounting

Consider the following as you read: What are the main differences between the role of financial accounting and managerial accounting?

Respond using a minimum of 300 words.

Discussion 1

Select an ACCOUNTING topic of your choice from the assigned pages in chapters 13 or 14. Explain it to the class and include examples and business insight to support your analysis. Identify a company of your choice and discuss how the information applies to the organization.

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