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Acknowledgments

Preface

±  Chapter 1. Why Is Financial Accounting Important?

±  Chapter 2. What Should Decision-makers Know so That Good Decisions Can Be Made about an Organization?

±  Chapter 3. In What Form Is Financial Information Actually Delivered to Decision Makers Such as Investors and Creditors?

±  Chapter 4. How Does an Organization Accumulate and Organize the Information Necessary to Prepare Financial Statements?

±  Chapter 5. Why Must Financial Information Be Adjusted Prior to the Production of Financial Statements?

±  Chapter 6. Why Should Decision Makers Trust Financial Statements?

±  Chapter 7. In a Set of Financial Statements, What Information Is Conveyed about Receivables?

±  Chapter 8. How Does a Company Gather Information about Its Inventory?

±  Chapter 9. Why Does a Company Need a Cost Flow Assumption in Reporting Inventory?

±  Chapter 10. In a Set of Financial Statements, What Information Is Conveyed about Property and Equipment?

±  Chapter 11. In a Set of Financial Statements, What Information Is Conveyed about Intangible Assets?

±  Chapter 12. In a Set of Financial Statements, What Information Is Conveyed about Equity Investments?

±  Chapter 13. In a Set of Financial Statements, What Information Is Conveyed about Current and Contingent Liabilities?

±  Chapter 14. In a Set of Financial Statements, What Information Is Conveyed about Noncurrent Liabilities Such as Bonds?

±  Chapter 15. In Financial Statements, What Information Is Conveyed about Other Noncurrent Liabilities?

±  Chapter 16. In a Set of Financial Statements, What Information Is Conveyed about Shareholders’ Equity?

±  Chapter 17. In a Set of Financial Statements, What Information Is Conveyed by the Statement of Cash Flows?