Synopsis
FACT is a self-paced tutorial designed to teach the logic underlying financial accounting concepts and procedures. Its simple and carefully designed examples introduce the essentials. This interactive financial accounting tutorial is intended to be used as a means for mastering and reinforcing financial accounting concepts.
New to This Version:
- Terminology use and presentation are clearer and more consistent throughout.
- The number of screens has been reduced by ten percent. Advanced or tedious material has been moved into appendices.
- The interface has been improved and navigation is easier.
- The number of mouseclicks required has been reduced by fifty percent.
- More than 200 end-of-chapter quiz questions have been added bringing the total number of quiz questions to 500.
- All true-false and multiple-choice questions have detailed feedback.
- Extensive revisions have been made to the following chapters: Instructions, An Overview of Assets, Amortization and Disposal, An Overview of Liabilities, Accounting for Interest, Deferred Taxes, Debt and Equity Investments, and The Cash Flow Statement
Hallmark Features:
- FACT uses interactive and graphical tools to make the material engaging and interesting, thereby dramatically enhancing the learning process. The discussions and examples are followed by brief, interactive problems that provide immediate feedback.
- Links to numerous web sites enable a student to explore business sites and access current financial information about real companies.
- Search, navigation, and annotation features make the software user-friendly.
- Built-in tools, including a financial calculator that can solve most problems, position this as a convenient, all-in-one learning tool.
- The screens are designed for easy reading, and the content can be printed making it easy to review the material.
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