LibGuides: FIN449: Module 1

Module 1 Required Resources

Financial Statement and Valuation

Easton, P.D., McAnally, M.L., & Sommers, G.A. (2021). Financial statement & valuation (6th ed.). Cambridge Business Publishers.

This is the primary textbook for the course and includes detailed financial statement analysis and homework problems.

Your course textbook can be accessed via the DART eBook link in the Getting Started module.

Module 1 Readings:

Cash vs Accrual and Accounting: What's the Difference?
Matthews-El, T. & Main, K. (2022). Cash vs accrual accounting: What’s the difference?https://www.forbes.com/advisor/business/cash-vs-accrual-accounting/

Accounting Stuff. (2022, October 11). Financial Statements: all the basics in 8 minutes. [Video]. YouTube. https://youtu.be/Fi1wkUczuyk

Ignite Spot Accounting Services. (2016, April 15). Cash vs accrual accounting explained. [Video]. YouTube. https://youtu.be/IXQq7G6v_e0

Textbook PowerPoint Slides

Easton, P.D., McAnally, M.L., & Sommers, G.A., (2021). Financial statement & valuation, (6th ed). Cambridge Business Publishers.

View PowerPoints for Modules 1 and 2

What are Financial Statements?
Ali, A. (2020). What are financial statements? Accounting Simplified. http://accounting-simplified.com/financial/statements/types.html
Discusses financial Statements in more detail
Balance Sheet Explanation
Averkamp, H. (2023). Balance sheet explanation. Accounting Coach. https://www.accountingcoach.com/balance-sheet/explanation
Explains the major details of the Balance sheet and Income statement
Cash Accounting vs Accrual Accounting
360. (2023). Cash accounting vs accrual accounting. https://bookkeeper360.com/blog/simple-explanation-of-cash-and-accrual-accounting/
Concise definitions of accrual accounting and the differences compared to cash accounting
T Accounts Guide
CFI (2022). T Accounts Guide. https://corporatefinanceinstitute.com/resources/accounting/t-accounts/
Presents accounting mechanics such as t-accounts and journal entries

Wild, J.J., & Shaw, K.W. (2018). Financial & managerial accounting information for decisions (8th ed.). Mcgraw Hill Education.

Dalquist, J., & Knight, R. (2022). Principles of finance. Openstax, Rice University.

Another Finance text that summarizes both corporate finance and accounting information in one text.