Ideal for a survey course, this text is written to meet the needs of non-accountants who need to gain a basic understanding of how to use accounting information and make financial decisions. The reader is introduced to basic concepts such as: what accounting information is, what it means, and how it is used. Students are exposed to financial statements and learn what they do and do not communicate. This text covers financial and managerial accounting concepts. A complete annual report is included in an appendix. --This text refers to an out of print or unavailable edition of this title.
1. Accouting Present and Past
2. Financial Statements and Accounting Concepts/Principles
3. Fundamental Interpretations Made from Financial Statement Data
4. The Bookkeeping Process and Transaction Analysis
5. Accounting for and Presentation of Current Assets
6. Accounting for and Presentation of Property, Plant, and Equipment, and Other Noncurrent Assets
7. Accounting for and Presentation of Liabilities
8. Accounting for and Presentation of Owener's Equity
9. The Income Statement and the Statement of Cash Flows
10. Explanatory Notes and Other Financial Information
etc.