A 36-hour self-paced accounting course, guiding the reader along the altered business terrain of the 90s. Aimed at professionals in all fields, who want a fast, no-nonsense introduction to the basic principles and procedures of financial accounting, the book contains 20 concise chapters packed with easy-to-read, simple-to-apply information written in non-technical language. The book features a study plan that maps out the most efficient strategy for using the book, and even suggests convenient start-and-stop points; self-tests within each chapter that ensure reader comprehension every step of the way; and a 100-question final exam that may be submitted by readers for a Certificate of Achievement. This new edition has been brought up-to-date to reflect the vast changes of the past 10 years, from the recent emphasis on cash flow analysis to the 1986 reform and 1990 revenue acts, to the implications of mergers and acquisitions, to the growing use of software packages.