This 4-minute video lesson provides an introduction to accounts payable. [Core Finance playlist: Lesson 110 of 184]
This 8-minute video lesson provides more discussion of simple and compound interest. [Core Finance playlist: Lesson 2 of 184]
This 10-minute video lesson looks at what interest is. It compares simple versus compound interest. It is the first video in Kahn Core Finance playlist. [Core Finance playlist: Lesson 1 of 184]
This 10-minute video lesson provides an introduction to the treasury yield curve. [Core Finance playlist: Lesson 32 of 184]
This 9-minute video lesson uses the Rule of 72 to approximate how long it will take for an investment to double at a given interest rate. [Core Finance playlist: Lesson 52 of 184]
This resource is useful to know the accounting terms and its meanings.
This book is suitable for an undergraduate or MBA level Financial Accounting course.
The authors bring their collective teaching wisdom to bear in this book not by changing "the message"(financial accounting content), but by changing "the messenger" (the way the content is presented). The approach centers around utilizing the Socratic method, or simply put, asking and answering questions. The reason that this approach continues to be glorified after thousands of years is simple - it engages students and stresses understanding over memorization. So this text covers standard topics in a standard sequence, but does so through asking a carefully constructed series of questions along with their individual answers.
An intensive introduction to the preparation and interpretation of financial information for investors (external users) and managers (internal users) and to the use of financial instruments to support system and project creation. Adopts a decision-maker perspective on accounting and finance. This is an intensive introduction to the preparation and interpretation of financial information for investors (external users) and managers (internal users) and to the use of financial instruments to support system and project creation. The course adopts a decision-maker perspective on accounting and finance with the goal of helping students develop a framework for understanding financial, managerial, and tax reports.
This text is intended for a first course in Intermediate Financial Accounting. It presumes that students have already completed one or two Introductory Financial Accounting courses. The book reflects current International Financial Reporting Standards (IFRS), such as IFRS 15 - Revenue from Contracts With Customers. It focuses on more difficult intermediate accounting topics that match prerequisite requirements for students advancing to a second level Intermediate Financial Accounting course. Advanced topics that are covered in Advanced Financial Accounting courses, such as consolidations and foreign exchange, are not included here. The text is written with an approachable style that focuses on key concepts that will be relevant to students' future careers as accountants.
The book provides a review of Introductory Accounting concepts and covers all topics essential to a first level Intermediate Accounting course: the conceptual framework and current landscape of financial reporting; statements of financial position, comprehensive income, cash flows and shareholders' equity; cash and receivables; revenue; inventory; property plant and equipment; intangible assets; and intercorporate investments.
Lyryx develops and supports open texts, with editorial services to adapt the text for each particular course. In addition, Lyryx provides content-specific formative online assessment, a wide variety of supplements, and in-house support available 7 days/week for both students and instructors.
This new text by G. Arnold and S. Kyle, developed in collaboration by Athabasca University and Lyryx, is intended the second of two in Intermediate Financial Accounting courses. It presumes that students have already completed the Introductory Financial Accounting, and the first Intermediate Financing Accounting course. The text reflects both current International Financial Reporting Standards (IFRS) and ASPE.
This text covers all topics essential to a second level Intermediate Accounting course: current, long-term and complex liabilities, income taxes, pensions, leases, shareholders' equity, earnings per share, statement of cash flows including the direct approach, effects of changes and errors, and disclosures and analysis.
Topics that are covered in Advanced Financial Accounting courses, such as consolidations and foreign exchange, are not included here.
Lyryx develops and supports open texts, with editorial services to adapt the text for each particular course. In addition, Lyryx provides content-specific formative online assessment, a wide variety of supplements, and in-house support available 7 days/week for both students and instructors.
The source offers a good overview of financial accounting, especially for non-business majors. The table of contents includes:
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
There are some good examples and practice problems. Overall well written and easy to understand. Using to supplement additional resources in a course is a great option.
This text, 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 text focuses on core introductory financial accounting topics that match pre-requisite requirements for students advancing to Intermediate Financial Accounting. Excluded are advanced topics that are covered in Intermediate Financial Accounting, such as leases and bond amortization.
The text 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.
Lyryx develops and supports open texts, with editorial services to adapt the text for each particular course. In addition, Lyryx provides content-specific formative online assessment, a wide variety of supplements, and in-house support available 7 days/week for both students and instructors.
The text covers introductory financial accounting topics. It contains 10 chapters and includes examples, discussion questions and comprehension problems. Homework solutions are available. Please contact the author Khloud Kourani at kkourani@pccc.edu - Passaic County Community College. Excerpts remixed from the following textbooks: Introduction to Financial Accounting by Henry Dauderis and David Annand edited by Athabasca University CC BY-NC-SA 3.0 https://open.umn.edu/opentextbooks/BookDetail.aspx?bookId=215 Accounting Principles: A Business Perspective by James Don Edwards, University of Georgia & Roger H. Hermanson, Georgia State University. Provided by: Endeavor International Corporation. Project: The Global Textbook Project https://www.oercommons.org/courses/accounting-principles-a-business-perspective/view
This textbook, originally by D. Annand and H. Dauderis, was intended for a first course in introductory financial accounting. It was extensively edited by Athabasca University to reflect current International Financial Reporting Standards (IFRS). This most recent revision by D. Marchand converted the text from IFRS to reflect the Generally Accepted Accounting Principles of the United States (U.S. GAAP). A corporate approach is utilized versus beginning with a sole proprietorship emphasis and then converting to a corporate approach.
Studies basic concepts of financial and managerial reporting. Viewpoint is that of readers of financial and managerial reports rather than the accountants who prepare them.
This PowerPoint file contains a Jeopardy-style game suitable for use in an introductory financial accounting class. There are six categories: Short-term assets, Long-term assets, Liabilities, Equity, Financial statements, and Ratio analysis. There is a Daily Double question and a Final Jeopardy question. Audio is included in the PowerPoint file for optional use.
Course Learning Outcomes
Use basic accounting terminology
Apply the accounting cycle steps and procedures within the accounting system
Create and analyze the financial statements prepared in accordance with GAAP
Discuss the challenges, limitations, and ethics of financial accounting
Kurt Heisinger and Joe Ben Hoyle believe that students want to learn accounting in the most efficient way possible, balancing coursework with personal schedules. They tend to focus on their studies in short intense segments between jobs, classes, and family commitments. Meanwhile, the accounting industry has endured dramatic shifts since the collapse of Enron and WorldCom, causing a renewed focus on ethical behavior in accounting. This dynamic author team designed Managerial Accounting to work within the confines of today's students' lives while delivering a modern look at managerial accounting.
Managerial Accounting was written around three major themes: Ready, Reinforcement, and Relevance. This book is aimed squarely at the new learning styles evident with today's students and addresses accounting industry changes as well.
Ready. Your students want to be as efficient as possible in their learning. This book adopts a concise, jargon-free, and easy-to-understand approach that is ready with concise sections and concepts when the student is ready to study in a format the student wants. Key concepts are provided in short segments with bullet points and step-by-step instructions to simplify concepts. This thoughtful, step-wise approach will help your students avoid distractions and focus attention on the big picture.
Reinforcement. Managerial Accounting boasts “Review Problems” at the end of each major section or learning objective which offers practical opportunities for students to apply what they have learned. These “Review Problems” allow students to immediately reinforce what they have learned and are provided within the body of the chapter along with the solutions.
Relevance. Why is managerial accounting important? Since all students perform better when they can answer the “why” question, meaningful references to companies throughout the chapters help students tie the concepts presented in each chapter to real organizations. In addition, realistic managerial scenarios present an issue that must be addressed by the management accountant. These will pique your students' interest and were designed to show how issues can be resolved using the concepts presented in the chapter. Finally, “Business in Action” features in Managerial Accounting link managerial decision-making to real business decisions to help your students complete the learning cycle from concept to accounting decision, to real-world application.
Managerial Accounting by Heisinger and Hoyle also contains a handful of other pedagogical aids to complement your lectures and help your students come to class prepared. From a focus on decision-making to end-of-chapter materials that can only be characterized as very deep and very wide, to ethics coverage, group projects, and spreadsheet applications—these features allow you to teach the course you want to teach and assign the materials you like to assign.
This course looks at the role of accounting in the management process, cost systems, capital investment, and more.
You will create and correctly format business documents including memos, letters, tables, and reports using word processing software. Student will also diagnose and correct keying deficiencies through prescribed drills leading to improved speed and accuracy while keying by touch. Student will input by touch 10-key and top-row numeric data. Workstation health and safety will be emphasized.
Course Outcomes:
1. Demonstrate proper keyboarding technique and ergonomic principles.
2. Demonstrate improved speed and accuracy of touch typing.
3. Apply proofreading skills and formatting guidelines to produce business documents.