Principles of Accounting introduces students to the general principles and concepts of accounting, including budgeting as well as the analysis and interpretation of financial reports. This very readable book is ideal for students needing to understand financial statements in order to make business decisions. It will also serve those who want to further their studies in accounting and require a solid grounding in the underlying concepts and methods. It helps to demystify the science of accounting, giving an understanding of how financial statements are put together and what they mean.