Survey of accounting, fifth edition, is designed for a one-term introductory accounting course. It provides an overview of the basic topics in financial and managerial accounting, without the extraneous accounting principles topics that must be skipped or other wise modified to fit into a one-term course. Written for students who have no prior knowledge of accounting, this text emphasizes how managers, investors, and other business stakeholders use accounting reports. The fifth edition of this text continues to emphasize elements designed to help instructors and enhance the learning experience of students. Cengange learning’s mission is to shape the future of global learning by delivering consistenly better learning solution for students, instructors, and institution worldwide. This trxtbook is the result of an innovative and collaborative global development process designed to engange students and cases with global relevance.