Introduction to Financial Accounting
David Annand, Athabasca University
Pub Date: 2017
Conditions of Use
The text covers all of the topics normally found in an introductory financial accounting (principles of accounting I) text. The table of contents essentially mirrors the table of contents found in the leading texts in this field. I like that... read more
The content of this textbook matches the content and organization of most introductory financial accounting textbooks. It is written by Canadian authors, but is relevant to US students. The text begins by explaining the role of financial... read more
Table of Contents
- Introduction to Financial Accounting
- The Accounting Process
- Financial Accounting and Adjusting Entries
- The Classified Balance Sheet and Related Disclosures
- Accounting for the Sale of Goods
- Assigning Costs to Merchandise
- Cash and Receivables
- Long-lived Assets
- Debt Financing: Current and Long-term Liabilities
- Equity Financing
- The Statement of Cash Flows
- Financial Statement Analysis
- Proprietorships and Partnerships
About the Book
This textbook is an adaptation by Athabasca University of the original text written by D. Annand and H. Dauderis. It is intended for use in entry-level college and university courses in financial accounting. A corporate approach is utilized consistently throughout the book.
The adapted textbook includes multiple ancillary student and instructor resources. Student aids include solutions to all end-of-chapter questions and problems, and randomly-generated spreadsheet problems that cover key concepts of each chapter. These provide unlimited practice and feedback for students. Instructor aids include an exam bank, lecture slides, and a comprehensive end-of-term case assignment. This requires students to prepare 18 different year-end adjusting entries and all four types of financial statements, and to calculate and analyze 16 different financial statement ratios. Unique versions can be created for any number of individual students or groups. Tailored solutions are provided for instructors.
The original Annand/Dauderis version of the textbook including .docx files and ancillary material remains available upon request to D. Annand (firstname.lastname@example.org).
About the Contributors
David Annand, EdD, MBA, CA, is a Professor of Accounting in the Faculty of Business at Athabasca University. His research interests include the educational applications of computer-based instruction and computer mediated communications to distance learning, the effects of online learning on the organization of distance-based universities, and the experiences of instructors in graduate-level computer conferences.
David completed his Doctorate in Education in 1998. His thesis deals with the experiences of instructors in graduate-level computer conferences.