Emphasizing the interpretation as opposed to the construction of accounting information, encourages a critical rather than unthinking acceptance of accounting techniques.  Whilst accounting information is immensely valuable for planning, decision making and control, users need to recognize the assumptions behind, and the limitations of, particular accounting techniques. As in the previous editions, combines theory with practical examples and contemporary case studies drawn from real business situations across a wide range of manufacturing, retail and service industries. is an ideal companion for postgraduate and undergraduate students, as well as non-financial managers in executive education courses seeking a better understanding of the role played by accounting and how it affects their organization and business unit.