Key Accounting Principles V7.0 frames the study of accounting in a highly practical, fully integrated, and interactive learning experience that has been proven to significantly improve student engagement and grades with a substantial reduction in drop-out and failure rates.

The AME Learning System™ is an exclusive teaching approach that is proven to engage students through interactive online tutorials. It incorporates the best of cognitive science, modern technology, and proven learning principles into an active and practical learning approach that emphasizes constant decision-making, integrated real-world examples and impact over memorization.

AME Engage™ is an online, interactive component of the AME Learning System featuring the Accounting Map™, a digital and highly visual interactive balance sheet and income statement for powerful and practical transactional learning. Students follow a logical, visually based approach that translates accounting concepts into common experiences and terminology. These interactive, online tutorials support a “flipped classroom” strategy to facilitate more effective learning.  A digital textbook and workbook further allow students to quickly access homework related questions and subject matter.

Chapter 1: Introduction to Accounting

Chapter 2: Business Accounting and Reporting
Chapter 3: The Accounting Framework
Chapter 4: The Accounting Cycle: Journals and Ledgers
Chapter 5: The Accounting Cycle: Adjustments
Chapter 6: The Accounting Cycle: Statements and Closing Entries
Chapter 7: Inventory: Merchandising Transactions
Chapter 8: Inventory Valuation
Chapter 9:  Cash and Internal Controls
Chapter 10:  Payroll
Chapter 11:  Analyzing Accounting Information
Appendix A: Accounting Information Systems and Data Analytics

Appendix B: Sales Tax and Employer Payroll Tax Remittances

Lead Authors:
Penny Parker, MBA, CPA, CGA, Fanshawe College
Denise Donald, CPA, CA
Contributing Writer:
Volume 1 -Lila Huron-Albinger
AME Founding Author:
Neville Joffe