Table of content:
1. Uses of Accounting Information and the Financial Statements. 2. Analyzing Business Transactions. 3. Measuring Business Income. 4. Completing the Accounting Cycle. 5. Financial Reporting and Analysis. 5a. How to Read an Annual Report. 6. The Operating Cycle and Merchandising Operations. 6a. Special Purpose Journals. 7. Internal Control. 8. Inventories. 9. Cash and Receivables. 10. Current Liabilities and Fair Value Accounting. 11. Long-Term Assets. 12. Contributed Capital. 13. Long-Term Liabilities. 14. The Corporate Income Statement and the Statement of Stockholders’ Equity. 15. The Statement of Cash Flows. 16. Financial Performance Measurement. 17. Partnerships. Appendix A: Accounting for Investments. Appendix B: Present Value Tables.