ALEKS (Assessment and LEarning in Knowledge Spaces) is an artificial intelligence-based system for individualized learning, available from McGraw-Hill/Irwin over the World Wide Web. ALEKS delivers precise, qualitative diagnostic assessments of students' knowledge, guides them in the selection of appropriate new study material, and records their progress toward mastery of curricular goals in a robust classroom management system. ALEKS interacts with the student much as a skilled human tutor would, moving between explanation and practice as needed, correcting and analyzing errors, defining terms and changing topics on request. By sophisticated modeling of a student's "knowledge state" for a given subject matter, ALEKS can focus clearly on what the student is most ready to learn next. When a student focuses on exactly what they are ready to learn, they build learning momentum and success. "ALEKS for Financial Accounting" provides coverage of critical financial accounting topics such as: The Accounting Cycle, Inventory, Current Liabilities, Partnerships, Balance Sheet, Income Statement, Statement of Cash Flows, and Financial Statement Analysis, to name a few.