Richard Schroeder and Myrtle Clark, together with new co-author Jack Cathey from the University of North Carolina at Charlotte, have updated, refocused and revised Accounting Theory and Analysis, Seventh Edition to provide students with the theoretical background they need to succeed in today s increasingly global world economy.

Accounting Theory and Analysis, Seventh Edition provides accounting students with a sound theoretical background they can use to evaluate accounting practice. Edition after edition, it has provided instructors with the most up-to-date and useful readings available to show students how an accounting standard can affect decision-making.