Key Accounting Principles Volume 1 is a blended (online and in-class) introductory accounting course that is designed for students studying programs such as business or accounting. On completion of this course along with Key Accounting Principles Volume 2, students can earn first-level credits towards their formal accounting designation.
One of the things I really appreciated about this introductory accounting textbook is that rather than jumping straight into ledgers and reports, Key Accounting Principles Vol. 1 first introduces concepts using the average person's finances as an example.
The concept of net worth is illustrated by first looking at a (hypothetical) person's bank account, home, and car versus his/her personal debt before tackling bigger issues involved in a company's net worth, such as amortization, goodwill, or bonds.
I also especially enjoyed the online content (you get an access code with the purchase of the book), which includes interactive tutorials to help make the concepts and principles more concrete in the reader's mind.
I also purchased an accompanying workbook with my text, which emphasizes theory as well as calculations in the practice questions and exercises.
This is one textbook that I definitely feel like I got my money's worth out of. (I paid about $110 including taxes at the Sheridan College bookstore).
The book was fine, some things could have been better explained with more examples, I'm looking at you chapter 12. BUT, the online course was horrible. Utterly horrible, particularly Chapter 11.
Drop down menus where selections were not in alphabetical order but the order the system considered the order they were in was as alphabetical order. So, you had to guess and guess and guess over and over again to get the items in the "right" (and by right I mean whatever the interface felt was right) order. Don't guess right? Wrong answer for you.