Financial Accounting: A Business Process Approachexplains accounting concepts in a way all readers can understand by organizing the material around how a business works. Business: Whatrs"s It All About?; Qualities of Accounting Information; Accruals and Deferrals: Timing Is Everything in Accounting; Payment for Goods and Services: Cash and Accounts Receivable; The Purchase and Sale of Inventory; Acquisition and Use of Long-Term Assets; Accounting for Liabilities; Accounting for Shareholdersrs" Equity; Preparing and Analyzing the Statement of Cash Flows; Using Financial Statement Analysis to Evaluate Firm Performance; Quality of Earnings, Corporate Governance, and IFRS For readers interested in learning financial accounting through how businesses operate.