The new edition of this best-selling text continues to emphasize a decision-making approach to prepare Canadian students to be managers of accounting information. It shows how accountants prepare information that is useful to managers, and demonstrates why managers in all types of organizations should have an understanding of the advantages and limitations of accounting. A strategic management theme running through the text allows students to relate management accounting decisions to a company's key success factors. It features solid cases for the introductory level and the material is reviewed by senior practicing managers in Canadian industry to ensure a real world efficacy. It has been extensively revised, with the addition of extra assignment material, new issues boxes, improved supplements, including a casebook, CBC video cases, and a Companion Web Site.