Financial Accounting is an online accounting textbook offered by John Petroff as part of a growing curriculum of online courses. The text covers the fundamental concepts of accounting.
Free Online Accounting Textbooks
Accounting is defined by the American Institute of Certified Public Accountants (AICPA) as "the art of recording, classifying, and summarizing in a significant manner and in terms of money, transactions and events which are, in part at least, of financial character, and interpreting the results thereof."
Accountancy is defined as the profession or duties of an accountant.
Like so many subjects in most university business department disciplines, accounting is one of those courses that often require extremely highly priced textbooks. Granted, most of the books are good for more than one semester, accounting textbooks are typically both weighty and pricey.
I wish I had more resources to offer in this category and I hope to continue adding more free accounting textbooks to help students find alternatives. For now, hopefully, one of the books listed will be the exact book you are looking for or serve as a great supplementary text for your assigned accounting textbook.
List of Free Online Accounting Textbooks
Fundamentals of Accounting II online textbook with a focus on managerial accounting and how accounting is used by managers to make decisions.
Fun and clever, these free interactive online bookkeeping and accounting learning materials include an e-course, games and review quizzes. It also includes a large library of resources.
Dennis Caplan from the University at Albany, has written this online accounting textbook which focuses on the side of accounting which is the “principle source of information for decisions of how to allocate resources within a company.”
Larry Walther, Ph.D., CPA, CMA, is Professor and Head of the School of Accountancy at Utah State University. He has written this free online college-level accounting textbook which includes interactive components to aid the learning process. Access is free online or you can purchase a hard copy of the complete text or a downloadable PDF.