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The new edition of this authoritative reference volume belongs on the bookshelf of every accountant, bookkeeper, accounting manager, business manager, and student majoring in business administration. Its early chapters present an overview of financial accounting with focus on financial statements, reporting requirements such as the Sarbanes-Oxley Act and Corporate governance, management/cost accounting, analysis of financial statements, and up-to-date information on taxation. The major section that follows is a nearly-500-page A-to-Z dictionary of accounting terms, defining everything from «Accelerated Cost Recovery System» to «Zero-Base Budgeting». Concluding chapters cover information technology (IT), quantitative methods for accounting, auditing, personal financial planning, governmental and nonprofit accounting, forensic accounting, and international accounting. Added features include tables, diagrams, and extensive appendices.