Fundamental Financial Accounting Concepts

by Christopher T. Edmonds

Students are often overwhelmed by the amount ofinformation presented in the introductory financial accounting course, whileinstructors often want their students to better grasp the big picture of therole financial accounting plays in business. Fundamentals of FinancialAccounting Concepts takes a unique approach to building accounting skills, focusingstudents on financial statement effects while maintaining a more traditionaluse of debits and credits. With this method, the authors drive studentcuriosity and inspire them to ask the “why” questions that get at the heart ofhow accounting works.



Through use of the financial statements model andhorizontal transaction analysis, students quickly see how any given businessevent affects the financial statements. With straightforward writing, popular lecturevideos, and a unique approach, Fundamentals of Financial Accounting Concepts equipsstudents with the critical thinking skills needed by future businessdecision-makers and leaders. 

Genres: Business, Reference, Finance, Accounting, School

816 pages, Hardcover

First published July 1, 1995

Reviews

[Alejna Alija]

For all of you not very keen on economics, choose another book to get the basics of financial accounting. Too much unwanted details that take off the focus of the real point.

[Ryan Benner]

This book is one of the worst accounting books I have read. It is confusing most times and overlooks major details. Unfortunately, I had to read this book for a class of mine. Outside of this, I do not recommend at all. The smartbook version offers video tutorials, but the person performing these is just as confusing and not detail-oriented. There are much better books out there to learn and understand accounting with.

[Carly]

This is a fantastic account book. I used this book for my graduate-level Financial Accounting course. It was my first FA course, and this book really helped. It uses the horizontal accounting method to get you started and then moves into journal entries and t-accounts. It was to the point and logical, which made it easy to read and understand. I thought the companion workbook also went with it nicely and thoroughly reinforced the concepts from the book.

[Jon-David]

Accounting Stuff

[Uday]

itz wrks

[Ellen]

Easy to follow text. It will certainly help you fall asleep if you get into bed to read it, but it's an accounting textbook, what do you expect?

[Arif Widianto]

Good fundamental accounting book that explains the concept and how it works.

[Nicole]

Graduate degree (MBA) required reading