Financial Accounting

Financial Accounting, 11th Edition is a financial accounting textbook authored by Robert Libby, Patricia Libby, and Frank Hodge, published by McGraw-Hill Higher Education. Designed for students and instructors, this edition provides instruction in fundamental financial accounting principles, the accounting cycle, and the preparation of formal financial statements.

Published in 2023, this textbook organizes its core material around systematic business transaction recording and financial reporting procedures. Readers work with general journal entries, ledger account balances, and standardized reporting frameworks to build technical proficiency across main financial accounting topics.

To reinforce core accounting concepts, the text incorporates application tools including General Ledger Problems and Integrated Excel exercises. These integrated features assist instructors in building structured course assignments while providing students with practice in completing accounting cycle operations.