For courses in Introductory Accounting. Essentials of Accounting is a self-teaching, self-paced introduction to financial accounting for active users of business data - rather than preparers of accounting information (book keepers). It presents the ideas and terminology essential to an understanding of balance sheets, income statements, and statements of cash flows. Every frame requires students to solve a problem involving accounting information - e.g., selecting a correct word from two choices, providing an answer, making a journal entry, or preparing a complete balance sheet. Appropriate for undergraduate and graduate, executive, vocational or management training.*Self-teaching format - Consists of 11 Parts, each with an average of 75 'frames.' Each frame is a sentence or short paragraph that asks students to DO something relevant to the point being made*A detailed step-by-step approach that requires students to actively participate in the learning process and that guarantees mastery of basics*A serious focus on the use of information - Rather than on book keeping. Describes some of the complicated accounting practices*A gradual progression in level of rigor - Begins with a conceptual foundation; the mechanics of debits/credits, etc. come later in order not to detract from the underlying concepts*Helps students develop an understanding of essential ideas from basic concepts before moving on to more difficult material*Strong pedagogic support - Includes chapter objectives, 'key points to remember', post tests, and glossary*Provides students with convenient in-text study/review aids