Understanding Financial Accounting, 3rd Canadian Edition presents a fresh approach to teaching introductory financial accounting through a blended conceptual and technical perspective that demonstrates how to apply course information to students' everyday lives and future careers. To develop a deeper understanding of course concepts, students work through high-quality assessment at varying levels, helping them learn more efficiently and create connections between topics and real-world application. There are also a variety of hands-on Excel and data analytics activities that help students learn how to solve business problems within the accounting context. With Understanding Financial Accounting, students will remain engaged, on track, and develop the key skills they need for future academic and career success.

Now available in a single-volume, the ninth edition of this market-leading text continues an evolution toward a "user" orientation. Following market demand, a corporate approach, more conceptual framework and many new pedagogical elements have been implemented to better develop the student's abilities to understand and use accounting information in the role of decision maker. All aspects of this textbook and its supporting ancillaries have been carefully evaluated and revised to create a more user-friendly, dynamic text, while retaining the foundation that has made it so successful throughout the years.

Provide future business professionals with a practical introduction to financial accounting. With its unique focus on building students' decision-making skills and emphasis on financial statements, Financial Accounting, 9th Canadian Edition meaningfully integrates data analytics and the importance of using accounting information in real-world decision-making. Adaptive practice opportunities and engaging real-world industry examples strengthen student understanding of accounting concepts and illustrate how these are relevant to their everyday lives and future careers in business and accounting. An increased emphasis on Indigenous perspectives and environmental, social, and governance (ESG) issues serves as a first step in urging students to acknowledge their role as individuals, students, and aspiring professionals in addressing societal inequities.

* The Navigator is a learning system designed to guide students through each chapter and consists of a series of checklists tied to the chapter's study aids, text features, and study skills. * A Learning Styles Model is introduced in the preface and incorporated throughout the book to enable students with different learning approaches to better understand the material. * Feature Stories are brief stories of real Canadian companies that relate the chapter information to the real world and are discussed further throughout the chapter. * Chapter Previews at the beginning of each chapter feature a paragraph linking the opening vignette to chapter material. A visual outline of the topics and subtopics of the chapter is also presented to provide students with a chapter roadmap. * The text has been thoroughly reviewed by an instructor of English as a Second Language in manuscript stage to ensure that Accounting Principles provides an unprecedented level of clarity and readability to all readers. * Accounting Equation Analyses appear in the margins next to key journal entries. They help your students understand the impact of accounting transactions and cash flow on the financial statements. * Stepped-out pedagogy breaks down complex topics making the material more manageable for students. Some examples of this pedagogy are: * Concepts for Review - Concepts learned in previous chapters that are essential in order to understand the topics about to be covered are listed at the start of each chapter with pages references. * Before You Go On - These "Review it and Do It" sections ensure that students understand what has just been covered before progressing further into the chapter.