Taxation for Decision Makers, 2012 Edition

Preface

Focus

This text is designed for a one-semester introductory tax course at either the undergraduate or graduate level. It is ideal for an MBA course or any program emphasizing a decision-making approach.

Comprehensive Yet Brief and Concise

This is the only text to introduce all topics on the CPA exam in only 12 chapters while striking the perfect balance between concepts and details. Tax concepts and applications are presented in a clear, concise, student-friendly writing style. It includes sufficient technical detail to provide a foundation for future practice in taxation and consulting while not overwhelming the student with seldom-encountered minutia.

Tax Planning

The importance of tax planning is emphasized. It is woven into each chapter with margin icons highlighting planning opportunities. Tax planning strategies are introduced early in Chapter 2 along with the impact of taxes on cash flow.

Key Concepts

Each chapter begins with an introduction to the included topics, emphasizing why decision makers need to understand these topics. This is followed by a list of Key Concepts that provide an executive summary of the most important concepts students should master.

Setting the Stage—An Introductory Case

Each chapter-opening case introduces key issues while promoting critical analysis and decision-making skills. The case is then revisited at the end of the chapter.

Examples ...