Course: Fundamental Financial Accounting Concepts 8th Edition by Edmonds/McNair/Olds is ideal for the undergraduate introductory financial accounting course, specifically for those wanting to focus on the relationships between business events and financial statements. This text is also appealing to those instructors looking for a shorter text that focuses more on “key” financial accounting concepts rather than rather than procedural details, and to those desiring a stronger user orientation in their course. Overview: Students are often overwhelmed by the amount of information presented in the introductory financial accounting course. By focusing on fundamental concepts in a logical sequence, students are able to fully comprehend the material rather than memorise seemingly unrelated terms and topics. The goal of Fundamental Financial Accounting Concepts is to enable students to understand how any given business event affects the financial statements. The “financial statements model” is a highly praised feature because it allows students to visualise the simultaneous impact of business events on all of the key financial statements (the income statement, the balance sheet, and the statement of cash flows).
Prepared by Phil Olds, Virginia Commonwealth University
Fundamental Financial Accounting Concepts
The goal of this manual is to enable students to understand how any given business event affects the financial statements.
Fundamental Financial Accounting Concepts
Fundamental Financial Accounting Concepts ISE
Fundamental Financial Accounting Concepts
Students are often overwhelmed by the amount of information presented in the introductory financial accounting course.
Students are often overwhelmed by the amount of information presented in the introductory financial accounting course.
Fundamental Financial Accounting Concepts: Working Papers
By teaching foundational accounting concepts in a logical sequence, the Edmonds author team shifts the focus from memorizing procedures to the development of real-world thinking patterns.