This foundational 2020 textbook by Dr. Khaled Jararat and Dr. Mahmoud Al-Tabari introduces the essential principles of financial accounting. It is designed for students and aspiring professionals, covering the complete accounting cycle from recording transactions to preparing key financial statements like the balance sheet and income statement. The book meticulously explains core concepts such as debits, credits, and general ledgers, using clear examples and practical applications to build a solid understanding of financial reporting standards and practices.