FINANCIAL ACCOUNTING is designed to prepare users to succeed as future business managers by emphasizing the business context of accounting, the interaction between accounting and business, and financial statement analysis. This text demonstrates how financial statements are useful and interesting tools for diagnosing a company's problems or strengths, and for making loan, investment, acquisition, employment and political decisions. Using actual financial statements the authors leverage students' everyday consumer experiences to link accounting terminology and practice with actual events that they already understand. Lastly, Journal Entries and the Accounting Cycle are de-emphasized ? they're not covered until chapter 7 and after that they are only used sparingly.Stice, Earl Kay is the author of 'Financial Accounting Reporting & Analysis ', published 2005 under ISBN 9780324227321 and ISBN 0324227329.