The book, along with the second volume, is designed to perform two functions:
1) It functions as a comprehensive yet highly user-friendly, step-by-step, introduction to financial accounting. The book includes a unique self-study feature that is otherwise available only in expensive textbooks used exclusively for the classroom: the book contains both practice tests and answers and over 800 questions and problems, all with fully-available detailed answers included in the book's CD and online for desktop and mobile use (See page xvii: ''How to Use This Book.'')
2) The book functions as a practical reference for bookkeepers, managers, owners, and investors who need to know proper foundational accounting methods and need to understand / analyze the meaning of financial reports. (Some examples: see pages, 364-367, 448, 658-659, 682, 713-716). The book also functions as a valuable reference for small business owners...
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Gregory Mostyn, CPA, MBA, is an accounting instructor at Mission College, Santa Clara California. He is a member of the American Accounting Association and American Institute of Certified Public Accountants. He has extensive experience in accounting curriculum and instructional design and has authored journal articles on the subject. (E.g. see ''Cognitive Load Theory: What It Is, Why It's Important for Accounting Instruction and Research''; Issues in Accounting Education, Vol. 27, No. 1, 2012). He has applied many of these principles to the development and design of this book.
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