Excerpts from the financial statements of over 80 companies and the complete annual reports of Loblaw Companies Ltd. and Sobeys Inc. give the text a true real-world perspective and provide students with an understanding of the important elements of financial statements as well as actual accounting output they will use in the future. Chapter-Opening Vignettes show students how key topics of the chapter relate to the real world of business and accounting. The authors refer back to the vignettes, putting ideas back into a familiar context for the student. Chapter Previews, Study Objectives, and Before You Go On, and Review It & Do It sections ensure that students have a solid understanding of the concept being presented in each chapter. Decision Tools that help business decision-makers use financial statements are featured throughout the chapters. Decision Toolkit boxes summarize the key features of each tool and review why and how it should be used. Business Insight boxes relate the chapter's concepts to actual accounting situations in real business. Demonstration Problems (with worked-out solutions) appear before end-of-chapter material providing students with problem-solving strategies and solutions. An icon next to this feature lets students know that additional Demonstration Problems are found on the Toolkit CD. Self-Study Questions are practice tests keyed to study objectives and allow students to check their knowledge of important topics, with answers appearing at the end of every chapter.