* FAcT 2.0 emphasizes concepts as well as procedures to teach the logic underlying the financial accounting concepts from an economics and finance perspective, and accounting procedures from an information-systems perspective.

* Discussions and examples are intertwined with brief, interactive problems that provide immediate feedback to the student.

* Carefully designed simple examples accelerate the learning of the basics of Financial Accounting.

* The software is supercharged with the latest technology, including links to numerous web sites, unparalleled search, navigation, and annotation features, and built in tools such as an on-line financial calculator.