Since most business majors will never actually keep a set of books themselves, we find that as soon as students complete their required financial and managerial accounting classes they forget all of their accounting.  By the time students take the capstone class which usually requires them to use their accounting knowledge again to prepare financial statements, forecast financial statements or use accounting information to analyze a business or make decisions, they have forgotten most of their accounting.  We have designed this text in the hope that showing students the relevance of accounting to all functional areas of business, they will remember more of the basic concepts of accounting.

Specifically we address these objectives:

1. Show students how to use accounting information to pinpoint areas of concern in a business.
2. Integrate the other areas of business along with accounting into a decision making format. 
3. Show students how to analyze financial information.
4. Show students how to make better financial decisions for a business
5. Show students how to project pro-forma financial statements
6. Show students what can be done to reduce the possibilities of incorrect financial reporting.