Financial Accounting : A Critical Approach, Second Edition

This text is now available in a new edition – Please see ISBN 0070957894

Friedlan Financial Accounting offers a user oriented, critical approach to introductory financial accounting. It encourages students to question the choices made in the preparation of financial statements and view accounting data with a critical eye. The focus is on understanding the story that financial statements convey to stakeholders while addressing the limitations, controversies, and problems with accounting and accounting information.

This critical approach ensures students become highly proficient users of financial accounting information, while still providing the necessary understanding of the preparation of these statements. Real world financial statements and the integration of International Financial Reporting Standards (IFRS), balanced with discussion of Private Enterprise GAAP when it is important to note key differences, make Friedlan the most current financial accounting text available for both undergraduate and MBA programs.

John Friedlan is currently the Accounting Program Director in the Faculty of Business and Information Technology at the University of Ontario Institute of Technology. He completed his MBA at York University in 1978 and entered the working world as an auditor with Deloitte and Touche in Toronto, and qualified as a CA two years later. In his classes, Friedlan challenges students to think critically about balance sheets, net income, and how accounting numbers can turn losses into profits, and vice versa.