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