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FMAC 503: Financial and Managerial Accounting Report a Broken Link

Running any type of organization—whether it be manufacturing, merchandising, service, non-profit, or government—would practically be impossible without an understanding of financial and managerial accounting principles. This course introduces students to these concepts. In the financial component of the course, students take a detailed look at the four traditional financial statements:

  • statement of financial position
  • statement of changes in equity
  • income statement
  • statement of cash flows

In the managerial component of the course, students look at how management accounting information is used by managers in their planning and control activities.

Textbooks

Annand, D. (2024).  Introduction to financial statements based on International Financial Reporting Standards w. Solutions Manual. Athabasca University.

Student Solutions Manual included in this PDF version.
Annand, D. (2023). Wayne Carworks Corp. Annual report. Athabasca University.
Annand, D. (2024). Selected topics in management accounting. Athabasca University.

Student Solutions Manual included in this PDF version.

Print-Ready Textbook Files

The following files are formatted for printing, in case you wish to print your textbooks. The solutions manuals are provided as separate PDFs to make it easier to refer to the answers while working on practice problems.
 

Annand, D. (2024). Introduction to financial statements based on International Financial Reporting Standards [printable version]. Athabasca University.
Annand, D. (2024). Solutions manual for Introduction to financial statements [printable version]. Athabasca University.
Annand, D. (2023). Wayne Carworks Corp. Annual report. Athabasca University.
Annand, D. (2024). Selected topics in management accounting [printable version]. Athabasca University.
Annand, D. (2024). Solutions manual for Selected topics in management accounting [printable version]. Athabasca University.

Supplementary Reading

Week 1 Supp. Rdgs.

FP1-2: Annand, D. (2023). Explanation to practice problem FP1-2 [Video] from Annand, Understanding annual reports based on international financial reporting standards. Athabasca University. 
FP1-11: Annand, D. (2023). Worked solution to practice problem FP1-11 [PowerPoint slides] from Annand, Understanding annual reports based on international financial reporting standards. Athabasca University.
FP1-13: Annand, D. (2023). Worked solution to practice problem FP1-13 [PowerPoint slides] from Annand, Understanding annual reports based on international financial reporting standards. Athabasca University.

Week 2 Supp. Rdgs.

FP2-3: Annand, D. (2023). Explanation to practice problem FP2-3 [Video] from Annand, Understanding annual reports based on international financial reporting standards. Athabasca University. 
FP2-28: Annand, D. (2023). Solutions template to practice problem FP2-28 [Excel file] from Annand, Understanding annual reports based on international financial reporting standards. Athabasca University. 
FP3: Annand, D. (2023). Loan repayment template (chapter 3) [Excel file] from Annand, Understanding annual reports based on international financial reporting standards. Athabasca University. 
FP3-4: Annand, D. (2023). Worked solution to practice problem FP3-4 [PowerPoint slides] from Annand, Understanding annual reports based on international financial reporting standards. Athabasca University.

Week 3 Supp. Rdgs.

FP4-1: Annand, D. (2023). Worked solution to practice problem FP4-1 [PowerPoint slides] from Annand, Understanding annual reports based on international financial reporting standards. Athabasca University.
FP4-11: Annand, D. (2023). Worked solution to practice problem FP4-11 [PowerPoint slides] from Annand, Understanding annual reports based on international financial reporting standards. Athabasca University. 
FP4-18: Annand, D. (2023). Solutions template to practice problem FP4-18 [Excel file] from Annand, Understanding annual reports based on international financial reporting standards. Athabasca University. 

Week 5 Supp. Rdgs.

MP2-9: Annand, D. (2023). Worked solution to practice problem MP2-9 [Video] from Annand, Selected topics in management accounting. Athabasca University. 
MP2-14: Annand, D. (2023). Worked solution to practice problem MP2-14 [Video] from Annand, Selected topics in management accounting. Athabasca University.
Tutorial: Annand, D. (2024) Discounted cash flow tutorial [Video]. Athabasca University.

Week 6 Supp. Rdgs.

MP3-4: Annand, D. (2023). Worked solution to practice problem MP3-4 [Video] from Annand, Selected topics in management accounting. Athabasca University. 

Week 7 Supp. Rdgs.

MP4-4: Annand, D. (2023). Worked solution to practice problem MP4-4 [Video] from Annand, Selected topics in management accounting. Athabasca University.