Introduction to Financial Accounting
Our Introduction to Financial Accounting open-text resource has been designed for introductory financial accounting programs. The textbook focuses on core introductory financial accounting topics that match pre-requisite requirements for students advancing to Intermediate Financial Accounting. It includes an interactive e-textbook, algorithmic assessments powered by a test bank with over 300 unique questions, interactive explorations, in-depth case studies, solution manuals, instructional videos, animated PowerPoint presentations, and real-time performance dashboards to view individual or class performance.
The Introduction to Financial Accounting resource has been authored by D. Annand and H. Dauderis, extensively edited by Athabasca University and reflects current International Financial Reporting Standards (IFRS). To request access to the demo course, click here.
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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.
A corporate approach is utilized versus beginning with a sole proprietorship emphasis and then converting to a corporate approach. Excluded are advanced topics that are covered in Intermediate Financial Accounting, such as leases and bond amortization.
Detailed solutions to discussion questions, exercises and problems are provided at the end of the e-textbook for those adopting the Vretta-Lyryx assessment.