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| Fundamental Ideas | |
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| Current Liabilities | |
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| Accounts Payable | |
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| Payroll Liabilities | |
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| Net pay and withholding liabilities | |
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| Employer payroll taxes | |
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| Notes Payable | |
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| Unearned revenues | |
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| Contingent liabilities | |
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| Warranty liabilities | |
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| Long-Term Liabilities | |
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| Notes Payable | |
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| Mortgage Payable | |
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| Lease Obligations | |
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| Bonds Payable | |
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| Types of bonds | |
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| Bond prices | |
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| Bonds issued at par | |
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| Bonds issued at a discount | |
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| Bonds issued at a premium | |
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| Bonds issued between interest dates | |
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| Deferred Income Taxes | |
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| Partnerships | |
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| Characteristics of a Partnership | |
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| Limited life | |
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| Mutual agency | |
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| Unlimited liability | |
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| Ease of formation | |
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| Transfer of ownership | |
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| Management structure and operations | |
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| Relative lack of regulation | |
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| Number of partners | |
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| Partnership Accounting | |
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| Asset contributions to partnerships | |
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| Income allocations | |
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| Changes in Partners | |
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| New partner | |
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| Retirement or withdrawal of a partner | |
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| Liquidation of a Partnership | |
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| The Statement of Partners' Capital | |
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| Corporations | |
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| Characteristics of a Corporation | |
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| Unlimited life | |
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| Limited liability | |
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| Separate legal entity | |
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| Relative ease of transferring ownership rights | |
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| Professional management | |
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| Ease of capital acquisition | |
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| Government regulations | |
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| Stock Terminology | |
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| Accounting for Stock Transactions | |
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| Stock issued for cash | |
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| Stock issued in exchange for assets or services | |
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| Treasury stock | |
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| Dividends | |
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| Cash dividends | |
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| Stock dividends | |
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| Stock Splits | |
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| Stockholders' Equity Section of Balance Sheet | |
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| Book value | |
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| Income Statement | |
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| Earnings per share | |
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| Diluted earnings per share | |
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| Investments | |
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| Accounting for Debt Securities | |
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| Accounting for Equity Securities | |
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| Cost method | |
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| Equity method | |
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| Consolidated financial statements | |
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| Balance Sheet Classification and Valuation | |
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| Statement of Cash Flows | |
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| Statement of Cash Flows Sections | |
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| Operating activities | |
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| Investing activities | |
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| Financing activities | |
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| Cash reconciliation | |
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| Preparing the Statement of Cash Flows | |
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| Direct Method | |
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| Indirect Method | |
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| Direct Method of Preparing the Statement of Cash Flows | |
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| Operating activities | |
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| Investing activities | |
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| Financing activities | |
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| Reconciliation of net income to cash provided by (used by) operating activities | |
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| Indirect Method of Preparing the Statement of Cash Flows | |
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| Operating activities | |
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| Investing activities and financing activities | |
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| Using the Statement of Cash Flow Information | |
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| Financial Statement Analysis | |
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| Need for Financial Statement Analysis | |
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| Trend Analysis | |
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| Percentage change | |
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| Trend percentages | |
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| Common-Size Analysis | |
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| Ratio Analysis | |
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| Liquidity ratios | |
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| Profitability ratios | |
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| Solvency ratios | |
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| Limitations on Financial Statement Analysis | |
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| Managerial and Cost Accounting Concepts | |
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| Manufacturing Financial Statements | |
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| Costing Terminology | |
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| The Cost of Goods Manufactured Schedule | |
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| Accounting by Manufacturing Companies | |
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| Traditional Cost Systems | |
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| Job Order Cost System | |
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| Predetermined overhead rate | |
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| Process Cost System | |
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| Raw materials requisitioned | |
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| Factory labor | |
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| Factory overhead | |
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| Work-in-process accounting | |
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| Process costing summary | |
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| Activity-Based Costing | |
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| Activity-Based Costing Activities | |
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| Activity categories | |
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| Comparison of Activity-Based Costing and Traditional Cost System | |
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| Cost-Volume-Profit Relationships | |
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| Cost Behavior | |
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| Fixed costs | |
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| Variable costs | |
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| Mixed costs | |
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| Cost-Volume-Profit Analysis | |
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| Contribution margin and contribution margin ratio | |
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| Break-even point | |
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| Targeted income | |
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| Margin of Safety | |
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| Sensitivity Analysis | |
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| Budgets | |
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| Operating Budgets | |
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| Sales budget | |
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| Manufacturing costs | |
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| Selling expenses budget | |
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| General and administrative expenses budget | |
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| Capital Expenditures Budget | |
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| Cash Budget | |
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| Budgeted Income Statement | |
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| Budgeted Balance Sheet | |
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| Merchandising Company Budgets | |
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| Flexible Budgets and Standard costs | |
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| Flexible Budgets | |
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| Preparation of a Flexible Budget | |
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| Standard Costs | |
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| Variance Analysis | |
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| Direct Materials Variances | |
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| Direct Labor Variances | |
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| Overhead Variances | |
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| Total Variance | |
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| Incremental Analysis | |
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| Examples of Incremental Analysis | |
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| Accepting additional business | |
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| Making or buying component parts or products | |
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| Selling products or processing further | |
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| Eliminating an unprofitable segment | |
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| Allocating scarce resources (sales mix) | |
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| Capital Budgeting | |
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| Capital Budgeting Techniques | |
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| Payback Technique | |
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| Net present value | |
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| Internal rate of return | |
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| Annual rate of return method | |
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| Present Value of 1 | |
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| Present Value Annuity of 1 | |