1 Accounting: Information for Decision Making

2 Basic Financial Statements

3 The Accounting Cycle: Capturing Economic Events

4 The Accounting Cycle: Accruals and Deferrals

5 The Accounting Cycle: Reporting Financial Results

Comprehensive Problem 1: Susquehanna Equipment Rentals

6 Merchandising Activities

7 Financial Assets

8 Inventories and the Cost of Goods Sold

Comprehensive Problem 2: Guitar Universe Company

9 Property, Plant, and Equipment, Intangible Assets and Natural Resources

10 Liabilities

11 Shareholders' Equity: Capital

Comprehensive Problem 3: McMinn Retail Limited

12 Profit and Changes in Retained Earnings

13 Statement of Cash Flows

14 Financial Statement Analysis

Comprehensive Problem 4: Adidas AG, Herzogenaurach

15 Global Business and Accounting

Appendix A: Adidas AG, Herzogenaurach 2009 Consolidated Group Financial Statements (IFRS) and Additional Information

Appendix B: The Time Value of Money: Future Amounts and Present Values

Index