Includes index.

Contents: The Financial statements -- Transaction analysis -- Using accrual accounting to measure income -- Internal control and cash -- Short- term investments and receivables -- Merchandise inventory and cost of goods sold -- Plant assets, natural resources, and intangibles -- Current and long-term liabilities -- Stockholders equity -- Long-term investments & international operations -- The Income statement & the statement of stockholders equity -- The Statement of cash flows -- Financial statement analysis -- Appendix A: YUM brands annual report -- Appendix B: Pier 1 imports annual report 2004 -- Appendix C: Time value of money: future value and present value -- Appendix D: Typical charts of accounts for different types of businesses -- Appendix E: Summary of generally accepted accounting principles -- Appendix F: Check Figures.