Principles of Accounting:
Volume 1: Financial Accounting

An Open Textbook

Senior Contributing Authors: M. Franklin, P. Graybeal and D. Cooper
Access Textbook: PDF HTML
Lyryx Online Resources: Online Homework
Ancillary (Open) Resources: Instructor Resources
LMS Integration: Brightspace, Moodle, and most LMS supporting LTI protocol

ABOUT THIS TEXTBOOK – Principles of Accounting is designed to meet the scope and sequence requirments of a two-semester accounting course that covers the fundamentals of financial and managerial accounting. Due to the comprehensive nature of the material, we are offering the book in tow volumes. This is specifically designed to appeal to both accounting an non-accounting majors, exposing students to the core concepts of accounting in familiar ways to vuild a strong foundation that can be applied across business fields. Each chapter opens with a relatable real-life scenario for today’s college student. Thoughtfully designed examples are presented throughout each chapter, allowing students to build on emerging accounting knowledge. Concepts are further reinforced through applicable connections to more detailed business processes. Students are immersed in the “why” as well as the “how” aspect of accounting in order to reinforce concepts and promote comprehensive over rote memorization.

Using Lyryx with OpenStax Accounting Webinar

Our low cost online homework system is fully integrated with OpenStax’s free accounting textbooks. To learn more about how this works, check out this webinar!