Skip to content

    Read more about Introduction to Financial Accounting - 2024-A-D

    Introduction to Financial Accounting - 2024-A-D

    (4 reviews)

    David Annand, Athabasca University

    Henry Dauderis, Athabasca University

    Tilly Jensen, Athabasca University

    Copyright Year:

    Publisher: Lyryx

    Language: English

    Formats Available

    Conditions of Use

    Attribution-NonCommercial-ShareAlike Attribution-NonCommercial-ShareAlike
    CC BY-NC-SA

    Reviews

    Learn more about reviews.

    The following reviews were for a previous edition.

    Reviewed by Katheryn Zielinski, Assistant Professor, Minnesota State University Mankato on 6/14/23

    The text reading follows typical financial accounting flow. Beginning with the foundational introduction to what accounting is through the full accounting cycle, while including financial statement analysis towards the end of the book. Students... read more

    Reviewed by Lawrence Overlan, Part-time Professor, Bunker Hill Community College on 6/4/20

    I appreciate how the Statement of Cash Flows has a separate chapter towards the end of the book. Might be better to wait until that chapter instead of also discussing it in Chapter One.....lots of material for opening week.... read more

    Reviewed by Patty Goedl, Associate Professor, University of Cincinnati Clermont College on 3/27/18

    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

    Reviewed by Margarita Maria Lenk, Associate Professor, Colorado State University on 1/7/16

    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

    1. Introduction to Financial Accounting
    2. The Accounting Process
    3. Financial Accounting and Adjusting Entries
    4. The Classified Balance Sheet and Related Disclosures
    5. Accounting for the Sale of Goods
    6. Assigning Costs to Merchandise
    7. Cash and Receivables
    8. Long-lived Assets
    9. Debt Financing: Current and Long-term Liabilities
    10. Equity Financing
    11. The Statement of Cash Flows
    12. Financial Statement Analysis
    13. Proprietorships and Partnerships

    Ancillary Material

    Submit ancillary resource

    About the Book

    Introduction to Financial Accounting, originally by D. Annand and H. Dauderis, is intended for a first course in introductory financial accounting. It has been extensively edited by Athabasca University and reflects current International Financial Reporting Standards (IFRS). A corporate approach is utilized, versus beginning with a sole proprietorship emphasis and then converting to a corporate approach. The textbook focuses on core introductory financial accounting topics that match pre-requisite requirements for students advancing to intermediate financial accounting. The textbook covers all essential topics, including: the accounting cycle; merchandising; assigning costs to inventory; cash and receivables; property, plant and equipment; debt financing; equity financing; statement of cash flows; financial statement analysis; and proprietorships and partnerships.

    The original Annand/Dauderis version of the textbook including .docx files and ancillary material remains available upon request to D. Annand (davida@athabascau.ca).

    About the Contributors

    Authors

    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.

    Henry Dauderis

    Tilly Jensen

    Contribute to this Page

    Suggest an edit to this book record