ACCOUNTING FOR DECISION MAKERS WGU C213
Western Governors University
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Accounting for Decision Makers WGU C213 - Study Guide 2026-2027
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---7February 20262025/2026A
- Accounting for Decision Makers – Targeted Study Guide 1 Financial Statement Foundations 
What Accounting Focuses On 
Core idea: Accounting measures and communicates the financial performance and position of a business. 
It’s not about image, environment, or customer relationships — it’s about money and economic impact. 
 
GAAP (Generally Accepted Accounting Principles) Why GAAP matters: 
 Makes financial statements comparable across companies 
 Increases credibility and consistency 
Does...
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