Appropriate for accounting majors and non-majors. In Chapter 1, students are introduced to an entrepreneur who decides to create his own business (Tom's Wear). In subsequent chapters, students read this running case example and learn financial accounting concepts through Tom's experiences as he grows and expands his business. This is the business process approach: Reimers 1) teaches students about the way a business works and 2) THEN shows how accounting fits into business processes. All of the traditional financial statements and the accounting equation are emphasized, but the focus is on how accounting relates to business processes. Excel Application Problems, financial statements, internal controls, and business risks are integrated into every chapter. Chapter 4 on accounting procedures (debits and credits) may be included or omitted based upon instructor preference.