Introduction to Financial Accounting: U.S. GAAP Adaptation

Learning accounting the American way. This version of the classic introductory accounting textbook has been adapted specifically for U.S. students, using the Generally Accepted Accounting Principles (GAAP) that American companies follow. Everything is explained clearly from the ground up — financial statements, journal entries, and the accounting cycle — with plenty of examples that use real U.S. companies. If you are taking your first accounting course and want to understand American accounting standards, this book has you covered.