LibGuides: ACC-2001: Week 3 Resources

Week 3 Resources

Principles of Accounting Volume 1 Financial Accounting by OpenStax
ISBN: 9781947172678
Publication Date: 2019
Franklin, M. et al. (2019). Principles of Accounting, Volume 1: Financial Accounting . OpenStax.
Read the third chapter “Analyzing and Recording Transactions” (pg. 115 to 171). Coverage provides insight into the analysis and recording of accounting transactions. The impact of each transaction type on the accounting equation is illustrated. The use of T accounts in the analysis of transactions is illustrated. The expanded accounting transaction is reviewed and illustrated. Students should focus on the impact for transactions and the placement of elements on the financial statements. Closely review the steps in the accounting cycle.

Creative Accounting: Ethical Perceptions Among Accounting and Non-Accounting Students
GABRIËLS, X., & VAN DE WIELE, ,Patricia. (2005). Creative accounting: Ethical perceptions among accounting and non-accounting students. St. Louis: Federal Reserve Bank of St Louis.
This article makes an analysis of the level of ethical awareness, as well as the attitude towards creative accounting.
Attitudes of Students and Practitioners Regarding Ethical Acceptability of Accounting Transactions
Fischer, M., Marsh, T., & Hunt, G. L. (2013). Attitudes of Students and Practitioners Regarding Ethical Acceptability of Accounting Transactions. Journal of Learning in Higher Education, 9(1), 93–104.
This reading looks at student attitudes.

How to Read a Financial Report by John A. Tracy; Tage C. Tracy
ISBN: 9781118735923
Publication Date: 2013-12-13
Tracy, J. A., & Tracy, T. C. (2014). How to read a financial report : wringing vital signs out of the numbers (Eighth edition.). Wiley.
Read Chapter 5, 6, 7 from Part Two:Connections from pages 41-59. This reading explains the fundamentals of sales revenue, accounts receivable, inventory, and accounts payable.

A Comprehensive Example: Blades
(2016). A comprehensive example: blades [Video]. SAGE Video.
In this video, the speaker reviews business operating costs, liabilities, and transactions.
Financial Management - Case Study 1: The Salad Bar Cain, in Accounting and Finance Collection
(2009, Jan 01). Financial management - case study 1: The salad bar chain, in accounting and finance collection [Video]. ProQuest.
This is a video on a case study on accounting and financial collection and explains how an enterprise with charitable status utilizes budgeting as a key part of its financial management plan.
Financial Reporting for Business
(2008, Jan 01). Financial reporting for business [Video]. ProQuest.
This video gives an overview of three key accounting reports: the cash flow statement, profit and loss statement and balance sheet.
Need to Know – Financial Survival Kit, Part 1, in Money Track, Episode 107
(2005, Jan 01). Need to know – financial survival kit, part 1, in money track, episode 107 [Video]. ProQuest.
This video gives a glimpse into how to read a company’s annual report.