Financial and Managerial Accounting Principles

1. Uses of Accounting Information and the Financial Statements
Supplement: How To Read An Annual Report.
CVS Corporation Annual Report.
Southwest Airline Co. Financial Statements.
2. Analyzing Business Transactions.
3. Measuring Business Income.
Supplement: Closing Entries and the Work Sheet.
4. Financial Reporting and Analysis.
5. The Operating Cycle and Merchandising Operations.
Supplement: Special Purpose Journals.
6. Internal Control.
7. Inventories.
8. Cash and Receivables.
9. Current Liabilities and Fair Value Accounting.
10. Long-Term Assets.
11. Long-Term Liabilities.
12. Contributed Capital.
13. The Corporate Income Statement and the Statement of Stockholders' Equity.
14. The Statement of Cash Flows.
15. The Changing Business Environment: A Manager's Perspective.
16. Cost Concepts and Cost Allocation.
17. Costing Systems: Job Order.
18. Costing Systems: Process Costing.
19. Activity-Based Systems: ABM and JIT.
20. Cost Behavior Analysis.
21. The Budgeting Process.
22. Performance Management and Evaluation.
23. Standard Costing and Variance Analysis.
24. Short-Run Decision Analysis.
25. Capital Investment Analysis.
26. Pricing Decisions, Including Target Costing and Transfer Pricing.
27. Quality Management and Measurement.
28. Financial Performance Measurement

Appendix A: Investments.
Appendix B: Consolidations.
Appendix C: Future Value and Present Value Tables.