What’s covered in each version?

Here are four versions of the Balance Sheet chapter to illustrate the flexibility of selecting topic modules that build more depth with each subsequent version.

See the summary table below for specific topics covered in each module.

Balance Sheet 1.0
This version of the chapter may be most appropriate for an introductory financial accounting course or a bridge course. It uses the balance-sheet-equation approach for entries as a framework for preparing and analyzing financial statements.

Balance Sheet 2.0
This version includes all topic modules in version 1.0 and adds a module to convert the balance-sheet-equation (BSE) entries to journal entries (JE). Navigating Accounting uses the BSE approach as a conceptual foundation and JEs as an efficient way to record entries. Thus, this version of the chapter is best for those that want to include JEs for an introductory or bridge course.

Balance Sheet 3.0
This version builds on the earlier two by adding a module on the accounting judgments behind the numbers. This version may be appropriate for intermediate financial or an introductory graduate or undergraduate course that goes into more depth.

Balance Sheet 4.0
This version builds on the earlier ones by including two modules: connecting user and preparer decisions and factors driving dispersion of accounting measures. This version may be most appropriate for advanced financial, theory, or financial statement analysis where depth is needed for interpreting numbers within more complex business or accounting contexts.



Click one of the links below to go to the version you chose:

Balance Sheets 1.0

Balance Sheets 2.0

Balance Sheets 3.0

Balance Sheets 4.0