Part 1 Foundations of Financial Accounting

1 Financial Reporting

2 A Review of the Accounting Cycle

3 The Balance Sheet and Notes to the Financial Statements

4 The Income Statement

5 The Statement of Cash Flows

Part 2 Primary Activities of a Business

SECTION 1 OPERATING ACTIVITIES

6 The Revenue/Receivables/Cash Cycle

7 Complexities of Revenue Recognition

8 Cost of Goods Sold and Inventory:ldentification and Valuation

9 Cost of Goods Sold and Inventory:Estimation and Noncost Valuation

SECTION 2 FINANCING ACTIVITIES

10 Debt Financing

11 Equity Financing

SECTION 3 INVESTING ACTIVITIES

12 Investments in Noncurrent Operating Assets—Acquisition

13 Investments in Noncurrent Operating Assets—Utilization and Retirement

14 Investments in Debt and Equity Securities

Part 3 Additional Activities and Common Disclosures of a Business

15 Leases

16 Income Taxes

17 Employee Compensation—Payroll,Pensions,and Other Compensation lssues

18 Derivatives,Contingencies,Business Segments,and Interim Reports

Part 4 Other Dimensions of Financial Reporting

19 Earnings Per Share

20 Accounting Changes and Error Corrections

21 Analysis of Financial Statements