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).
Students are often overwhelmed by the amount of information presented in the introductory financial accounting course, while instructors often want their students to better grasp the big picture of the role financial accounting plays in ...
Prepared by Phil Olds, Virginia Commonwealth University
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.
This Valencia College edition of Fundamental Financial Accounting Concepts 8th Edition by Edmonds/McNair/Olds is designed for the undergraduate introductory financial accounting course, specifically for those wanting to focus on the ...
Fundamental Financial Accounting Concepts ISE
Fundamental Financial Accounting Concepts: Working Papers
Included here are forms useful in the completion of both exercises and problems. They provide headings and prerecorded example transactions that enable students to get started quickly and to work efficiently.
This study guide is a supplement to the text book Fundamental financial accouting concepts / by Edmonds, McNair and Olds. Each chapter contains learning objectives, brief explanations and self-study problems and solutions.