Designed for managerial accounting programs that prefer to begin with a corporate approach, this market-leading text offers balanced, flexible content supported by an array of fully integrated print and technology supplements. The material--targeted to business majors--focuses on the relevance of accounting in business with an emphasis on decision making and analysis. The text assumes no previous training in accounting or business and contains equal coverage of financial and managerial accounting topics. The 2005e Edition maintains a strong real-world emphasis, integrates performance measurement, and emphasizes technology. Procedural content appears in optional objectives at the end of each chapter, allowing instructors to choose how much procedural detail to include in their course. Instructors can also customize homework assignments based on course goals using comprehensive material organized by learning objective.