Includes index

Contents: Financial reporting and the accounting cycle: Accounting in the information age -- Financial statements and accounting transactions -- Analyzing and recording transactions -- Adjusting accounts for financial statements -- Completing the accounting cycle -- Accounting for operating activities: Accounting for mechandising activities -- Merchandise inventories and cost of sales -- Accounting information systems -- Accounting for investing and financing activities: Internal control and cash -- Receivables and short-term investments -- Plant assets, natural resources, and intangible assets -- Current and long-term liabilities -- Accounting for partnerships and corporations: Partnerships and corporations -- Corporate reporting: dividends, stock and income -- Bonds and long-term notes payable -- Long-term investments and international accounting -- Analysis of accounting information: Reporting and analyzing cash flows -- Analyzing financial statements -- Managerial accounting and product costing: Managerial accounting concepts and principles -- Manufacturing and job order cost accounting -- Process cost accounting -- Cost allocation and performance measurement -- Cost planning and control: Cost-volume-profit analysis -- Master budgets and planning -- Flexible budgets and standard costs -- Strategic analysis in managerial and cost accounting: Capital budgeting and managerial decisions -- Appendix A: financial statements -- Appendix B: accounting concepts and alternative valuations -- Appendix C: present and future values.