Contents: Introduction to Financial Accounting; Measuring and Evaluating Financial Position and Financial Performance; The Double-entry System; Record - Keeping; Revenue and Expense Recognition in Accrual Accounting; Internal Control and Cash; Inventory; Noncurrent Assets; Financial Reporting Principles, Accounting Standards and Auditing; Liabilities; Completing the Balance Sheet; Income and Expense Recognition: Additional concepts; The Statement of Cash Flows; Prelude to Financial Statement Analysis; Financial Statement Analysis; Accounting Policy Choices.