Chapter 1 Introduction to Accounting

　1 Accounting: an Information System

　2 Accounting and Business Organizations

　3 Users of Financial Information

　4 Accounting Standards (Generally Accepted Accounting Principles)

　5 Two Kinds of Accounting

　6 Ethics in Accounting

　7 The Accounting Profession

　8 The Accounting Equation

　9 Accounting for Business Transactions

Chapter 2 Recording Business Transactions

　1 The Account

　2 Double-Entry Bookkeeping

　3 The T Account

　4 The Journals

　5 The Ledger

　6 The Trial Balance

　7 Accrual Basis Versus Cash Basis

　8 Adjustments to the Accounts

　9 Permanent and Temporary Accounts

　10 Closing Entries

　11 Errors and Correcting Errors

　12 Financial Statements

　13 The Accounting Cycle

Chapter 3 Accounting for Merchandising Business

　1 The Operating Cycle for a Merchandising Business

　2 Purchase of Merchandise Inventory

　3 Sale of Merchandise Inventory

　4 Cost of Goods Sold

　5 Perpetual and Physical Inventory System

　6 Inventory Costing Methods

　7 Lower-of-Cost-or-Market Rule (LCM)

　8 Methods of Estimating Inventory

　9 Inventory Errors

　10 Format of Income Statement

Chapter 4 Internal Control and Cash Transactions

　1 Internal Control System

　2 Internal Control Over Cash Receipts

　3 Internal Control Over Cash Disbursements

　4 The Sarbanes-Oxley Act (SOX)

　5 Bank Account and Bank Reconciliation

　6 Petty Cash Fund

Chapter 5 Short-Term Investments and Receivables

　1 Short-Term Investments

　2 Types of Receivables

　3 Main Issues in Managing Receivables

　4 Accounts Receivable and Bad Debts

　5 Selling (Factoring) Receivables

　6 Notes Receivable

Chapter 6 Long-Term Assets and Intangible Assets

　1 Capital Expenditures Versus Operating Expenditures

　2 The Cost of a Long-term Asset

　3 Depreciation of Long-term Assets

　4 Special Issues in Depreciation Accounting

　5 Disposal of Fixed Assets

　6 Natural Resources and Depletion

　7 Intangible Assets and Amortization

Chapter 7 Current Liabilities and Payroll Accounting

　1 Current Liabilities

　2 Contingent Liabilities

　3 Accounting for Payroll

　4 Internal Control for Payroll

Chapter 8 Corporation

　1 Characteristics of a Corporation

　2 Organizing a Corporation

　3 Stockholders' Rights

　4 Stockholders' Equity

　5 Classes of Shares

　6 Issuing Shares

　7 Dividends on Preferred and Common Shares

　8 Dividend Dates

　9 Stock Dividends

　10 Different Values of Shares

　11 Stock Splits

　12 Treasury Stock

　13 Appropriations of Retained Earnings

　14 Corporation Income Statement

　15 Earnings per Share

Chapter 9 Long-Term Liabilities and Investments

　1 Bonds: Nature and Types

　2 Bond Prices

　3 Issuing Bonds Payable

　4 Current Portion of Long-Term Debt

　5 Callable Bonds

　6 Convertible Bonds

　7 Advantage of Financing Operation with Debt versus Stock

　8 Operating Leases VS. Capital Leases

　9 Investment in Bonds

　10 Available-for-Sale Investment

　11 Investment in Equity

　12 Consolidation Accounting

Chapter 10 Budgeting and Costing

　1 Budgets and Budgeting

　2 Master Budget

　3 Preparing the Budgets

　4 Cost and Cost Accounting

　5 Manufacturing Accounts

　6 Job Costing

　7 Process Costing

　8 Standard Costing

Chapter 11 Statement of Cash Flows

　1 Purposes of the Statement of Cash Flows

　2 Operating, Investing and Financing Activities

　3 Cash and Cash Equivalents

　4 Format of The Statement of Cash Flows

　5 Non-cash Investing and Financing Activities

　6 Preparing the Statement of Cash Flow: The Direct Method

　7 Preparing the Statement of Cash Flow: The Indirect Method

Chapter 12 Financial Analysis

　1 Financial Ratios

　2 CVP Analysis

　3 Short-Term Decision Making

Appendix I Glossary

Appendix II Review I

Appendix III Review II