Author : Frances McNair
Release : 2010-01-15
Genre : Business & Economics
Kind : eBook
Book Rating : 123/5 ( reviews)
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Book Synopsis Fundamental Financial Accounting Concepts by : Frances McNair
Download or read book Fundamental Financial Accounting Concepts written by Frances McNair. This book was released on 2010-01-15. Available in PDF, EPUB and Kindle. Book excerpt: 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 memorize 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 visualize 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).