The Introduction to Financial Accounting: U.S. GAAP Adaptation is an open-text resource designed for a first course in introductory financial accounting based on U.S. Generally Accepted Accounting Principles (U.S. GAAP). The textbook focuses on core topics that meet the prerequisite requirements for students advancing to Intermediate Financial Accounting.
The Introduction to Financial Accounting: U.S. GAAP Adaptation open-text resource was authored by D. Annand and H. Dauderis, extensively edited by Athabasca University, and adapted to U.S. GAAP by Donna L. Marchand. To request access to the resource, click here. click here.
The Introduction to Financial Accounting: U.S. GAAP Adaptation textbook covers core introductory financial accounting topics, including the accounting cycle; merchandising; assigning costs to inventory; cash and receivables; property, plant and equipment; debt financing; equity financing; the statement of cash flows; financial statement analysis; and proprietorships and partnerships.
The textbook uses a corporate approach from the outset rather than beginning with a sole proprietorship and later converting to a corporate approach. This consistency reduces confusion for introductory students. Advanced topics covered in Intermediate Financial Accounting, including leases and bond amortization, are excluded. In the most recent revision, D. Marchand adapted the text from IFRS to reflect U.S. Generally Accepted Accounting Principles (U.S. GAAP).
Detailed solutions to discussion questions, exercises, and problems are provided at the end of the e-textbook for instructors adopting Harris Learning Solutions assessments.
Looking for the IFRS-based edition? Explore Introduction to Financial Accounting.
ABOUT THE AUTHOR
Donna L. Marchand, CPA, is an Assistant Professor of Accounting at Emmanuel College in Boston. Prior to taking this position she worked as a full-time instructor at Wheaton College in Norton, MA, and played a key role in transitioning the Business and Management program into a fully open source program for students. Prior to this, she worked as Director of the Academic Achievement Center and full-time instructor at Bridgewater State University in Bridgewater, MA. Before transitioning into higher education she worked in public accounting. However, her career initially began in K-12 education, playing an integral role in launching a fully inclusive education program that became a state-wide model in New York State.
The Introduction to Financial Accounting: U.S. GAAP Adaptation textbook can be paired with Harris Learning Solutions’ online formative and summative assessments, including homework and exams. HLS has more than 20 years of combined experience developing online assessments, and both the textbook content and assessment questions are regularly reviewed and updated.
Students receive immediate personalized feedback on their mistakes to guide their learning. Student grade reports and performance statistics are also provided, and full LMS integration, including gradebook synchronization, is available.
Harris Learning Solutions assessments are designed to not only test students but also to teach them to solve problems using intuitive methods, illustrations, and pedagogies.
Have a look and try an interactive question in our Online Homework and Examination system. Submit for grading and feedback once complete.
The PowerPoint presentations (PPTs) are designed to teach every concept in the textbook. Instructors have the option of downloading and making modifications to any of the PPTs.
Harris Learning Solutions dashboards provide a real-time visual understanding of individual student and overall class performance as they progress through the lessons and assessments. The dashboards are used by both students and professors to identify the areas of weakness, and to improve the in-class and self-study focus.
The instructor dashboard provides a real-time visual understanding of individual student and overall class performance as they progress through the course. While viewing assessment performance, the dashboard provides instructors with the average percent mark on each assignment, test, or exam. They can also see the highest mark and average mark secured on every question.
LMS integration available through LTI 1.3 protocol, compatible with platforms such as Blackboard, D2L, Canvas, Moodle, and more.
Introduction to Financial Accounting: U.S. GAAP Adaptation is an Open Education Resource (OER). All content is reviewed and updated regularly by subject matter experts, and the text is adaptable.
The Introduction to Financial Accounting: U.S. GAAP resource is also available in a digital format through Apollo. The Apollo digital resource package provides access to online assessments, slide decks, exercises, and detailed solutions to discussion questions, exercises, and problems.
The following are the details to place an order for the resource:
Title: Introduction to Financial Accounting: U.S. GAAP, Edition 2021-A
For detailed pricing information on Apollo digital resource package and customized quote, please contact our team here.
Printed copies are available on demand through Lulu. Click here to order.
