This book is focused on the information needs of the users of financial statements that include, but is not limited to, managers, investors, creditors, and regulators. The primary context of the course is financial accounting for corporate entities. This course assumes no prior knowledge of financial accounting. From my course syllabus: Upon successful completion of this course students will be able to: 1.Understand what comprises a complete financial statement 2.Comfortably review a financial statement 3.Be able to perform a basic analysis of a financial statement 4.Gain familiarity with accounting terminology and concepts 5.Become familiar with Generally Accepted Accounting Principles (GAAP). 6.Understand the roles of each of the seven elements of a financial statement 7.Gain an understanding of internal controls 8.Be introduced to the role of ethics in accounting