Pipeline Series
Conceptual Accounting Principles
A single-text course blending financial and managerial accounting — designed to give the general business major a conceptual understanding of the financial statements and the managerial topics they’ll encounter after graduation.
Course design
Financial and managerial accounting in one text
This text covers both financial and managerial accounting with a deliberate emphasis on managerial topics — reflecting the reality that most business majors will encounter managerial accounting far more than financial accounting in their careers. The financial section builds a solid conceptual understanding of the statements; the managerial section covers the topics students are most likely to use after graduation.
Students continuing on to Intermediate I can transition directly into Financial Accounting Principles: The Bridge Between Principles and Intermediate I, a dedicated bridge course covering the financial accounting topics needed for that next step.
Interactivity
Students are actively engaged through questions, tutorials, and exercises at virtually every stage — only the chapter audio and lecture are passive.
Redundancy
Each topic is covered in the audio, reading comprehension quiz, exercises, lecture, and practice quiz — structured repetition that solidifies understanding.
Financial & managerial in one
Rather than splitting into two courses, this single text covers both disciplines — with more managerial depth than most combined texts, reflecting real-world priorities.
Proctored assessment
Modular tests draw from 300–400 question databases. Final exams are proctored and can cover the last four chapters or the entire course.
Course content
15 chapters across financial and managerial accounting
The first six chapters establish a conceptual foundation in financial accounting. Chapters 7–15 shift to managerial accounting, covering the topics most relevant to business majors entering the workforce.
Financial Accounting — Ch. 1–6
1Introduction to accounting and the accounting model
2Using the accounting model to determine net income
3The accounting cycle
4Cash and internal control
5Cash flow analysis
6Analysis of financial statements
Managerial Accounting — Ch. 7–15
7Introduction to managerial accounting
7AStandards of ethical conduct
8Job order costing and process costing
9Cost-volume-profit
10Variable costing
11Budgeting
12Variances and activity based costing
13Costing for short-term decisions
14Performance measurement
15Capital budgeting
Pedagogy
How students learn with Ivy Software
Each chapter follows the same six-step process, combining passive intake with active engagement at every stage. The result: students encounter every key concept multiple times, in multiple formats, before assessment.
01
Read or listen
Students read the chapter or listen to the author’s audio — one of only two passive moments in the entire experience.
02
Key concepts
Students review the distilled essence of each chapter before moving into active assessment.
03
Reading comprehension quiz
10–15 interactive questions with lengthy explanatory responses that reinforce the chapter’s key points.
04
Interactive exercises
Multiple exercises per chapter, often including tutorial screens that walk students through complex topics step by step.
05
Practice quiz
A second round of 10–15 interactive questions, further cementing comprehension before assessment.
06
Self-assessment & proctored exams
10-question self-assessment, then modular tests from a 300–400 question bank, and a proctored final exam.