Book Description
This book is intended for an undergraduate or MBA level Financial Accounting course. It covers the standard topics in a standard sequence, utilizing the Socratic method of asking and answering questions.
This open book is licensed under a Creative Commons License (CC BY-NC-SA). You can download Financial Accounting ebook for free in PDF format (22.1 MB).
Table of Contents
Chapter 1
Why Is Financial Accounting Important?
Chapter 2
What Should Decision-makers Know So That Good Decisions Can Be Made about an Organization?
Chapter 3
In What Form Is Financial Information Actually Delivered to Decision Makers Such as Investors and Creditors?
Chapter 4
How Does an Organization Accumulate and Organize the Information Necessary to Prepare Financial Statements?
Chapter 5
Why Must Financial Information Be Adjusted Prior to the Production of Financial Statements?
Chapter 6
Why Should Decision Makers Trust Financial Statements?
Chapter 7
In a Set of Financial Statements, What Information Is Conveyed about Receivables?
Chapter 8
How Does a Company Gather Information about Its Inventory?
Chapter 9
Why Does a Company Need a Cost Flow Assumption in Reporting Inventory?
Chapter 10
In a Set of Financial Statements, What Information Is Conveyed about Property and Equipment?
Chapter 11
In a Set of Financial Statements, What Information Is Conveyed about Intangible Assets?
Chapter 12
In a Set of Financial Statements, What Information Is Conveyed about Equity Investments?
Chapter 13
In a Set of Financial Statements, What Information Is Conveyed about Current and Contingent Liabilities?
Chapter 14
In a Set of Financial Statements, What Information Is Conveyed about Noncurrent Liabilities Such as Bonds?
Chapter 15
In Financial Statements, What Information Is Conveyed about Other Noncurrent Liabilities?
Chapter 16
In a Set of Financial Statements, What Information Is Conveyed about Shareholders' Equity?
Chapter 17
In a Set of Financial Statements, What Information Is Conveyed by the Statement of Cash Flows?
Appendix
Present Value Tables