New Update and expanded coverage of e-business (now in Chapter 3). Topics include how the internet, electronic commerce, EDI, and database are fundamentally transforming business activities, as well as how these IT developments are changing the way that businesses must account for the result of those activities. New Expanded discussion of the REA data model (Chapter 5) features more detail on commitment events. New Revised SysTrust coverage (Chapter 8) now follows the same structure and format as the AICPA'S new service, with assurance that an information system is reliable. All of the cycle chapters (Chapters 11-15) now presuppose the use of an ERP aystem and contrasts it with legacy systems. Other important topics, such as XBRL (Chapter15), are also covered. NEW Expanded supplements package offers new practice sets, casebooks, and on-line courses. New The Getting Started Series Free with new texts intoduce your students to the most current releases of te leading software packages QuickBooks, Peachtree, Excel, and Simply Accounting by packaging your choice of a free 70 page manual with new copies of Romney/Steinbart ! Add Peachtree or simply Accounting software for a nominal price. New Microsoft Excel for Accounting: AIS and Auditing is available at a nominal charge with new textbook purchase.