Chapter 1: An Introduction to Accounting
A short history of accounting
Luca Pacioli: The Father of Accounting
Forms of Business Organizations
Chapter 2: Financial Statements
The accounting process
Financial Statements
The Accounting Equation
Chart of Accounts
Chapter 3: Journals
General Ledger
Debits and Credits
Normal Account Balances
Journal Entries
The Income Statement
Chapter 4: Accruals and Deferrals
Revenue and Expense
Accruals
Deferrals
Depreciation
Adjusting Journal Entries
Correcting entries
Reclassifications
Reversing entries
Chapter 5: Reporting Financial Results
The Accounting Cycle
The Trial Balance
Articulation in Financial Statements
Closing the books at the end of the year
Chapter 6 Merchandising Activities
Accounts Used
Physical Inventory
Adjusting the Inventory Account
Inventory Shrinkage
Special Sales and Purchase Accounts
Freight In vs Delivery Expense
Chapter 7 Financial Assets
Bank Reconciliation
Short Term Investments
Accounts Receivable
Uncollectible Accounts
Writing Off Bad Debts
Financial Analysis
Chapter 8 Inventories and Cost of Goods Sold
Using a Cost Flow Assumption
Specific Identification
FIFO
LIFO
Average Cost
The importance of time when working with inventory methods
Estimating Inventory
Inventory Turnover
How Turnover relates to Gross Profit
Inventory Management - a delicate balance
Chapter 9 Plant Assets and Depreciation
This chapter explains how depreciation expense is calculated
Chapter 10 Liabilities
Amortization table
Interest calculation
Present Value
Contingencies
Chapter 11 Stockholders' Equity
Managerial Accounting
Fiduciary Responsibility
Equity versus Debt
Creating a corporation and issuing stock
Chapter 12 Income and Changes in Retained Earnings
Retained Earnings
Dividends
Investing
Stock Price
Income Statement Irregular Items
Net of income taxes
Discontinued Operations
Extraordinary Items
Accounting Changes Earnings Per Share
Preferred Dividends
Cash Dividends
Stock Dividends
Prior Period Adjustments
Chapter 13 Statement of Cash Flows
Direct and Indirect Method
Analyzing the Cash Flow Statement
Chapter 14 Financial Statement Analysis
How to analyze a financial statement
Steps to financial statement analysis
Chapter 15 Management Accounting
Management Accounting
Manufacturing Costs
Non-Manufacturing Costs
Inventories
Unit Product Costs
Applying Overhead
Overhead allocation methods
Chapter 16 Job Order Costing
Job Costing
Chapter 17 Process Costing
Chapter 18 Cost-Volume-Profit Analysis
Chapter 19 Incremental Analysis
IA decision problems example
Chapter 20 Operational Budgeting
Chapter 21 Standard Cost Systems
Accounting study guide
The guide was developed to help people working in the micro-finance field to obtain basic accounting and financial management skills. It is intended for field and Head Office staff of micro-finance organizations; micro-finance consultants; and members of the donor community who would like to understand how micro-finance organizations report and monitor their activities. The guide is not meant to be an in-depth accounting course. It is designed simply to provide users with the basics of accounting, so that they can understand financial statements better.
Lessons
| Accounting Case Study | Case study | 1996 |  (en) |
| Accounting Study Guide: Solutions to Exercises | Solutions | 1996 | (en) |
| Case Study Answers | Solutions | 1996 | (en) |
| Pre-Test | Test questions | 1996 | (en) |
| Sample Accounts | Course notes | 1996 | (en) |
Professor Kathy Moore courses
Business and computer accounting resources:
useful links to Bokkeeping and business tutorials, computer related sites and Excel resources sites
Accounting Basics
by accountingcoach.com
-Part 1 Introduction, Starting a New Business, Accounting Software
-Part 2 Income Statement, Balance Sheet, Statement of Cash Flows
-Part 3 Double Entry System, Sample Transactions
-Part 4 Sample Transactions
Part 1
Introduction, Basic Accounting Principles & Guidelines
Part 2
Other Characteristics of Accounting Information, How Principles and Guidelines Affect Financial Statements
Accounting Concepts Tutorial
by FSO-Financial Management
- The Accounting Equation
- Debits and Credits
- Accounting Concepts & FRS Reports
Principles of Accounting: This section provides study guides for students in the principles of accounting courses or introduction to financial accounting courses.
U.S. GAAP by Topic
Sources of U.S. GAAP
Code of Professional Conduct for Accountants
Financial Statements
Annual Report Project Resources
Ratios for Financial Statement Analysis
Liquidity Analysis Ratios
Profitability Analysis Ratios
Activity Analysis Ratios
Cash Flow Analysis Ratios
Capital Structure Analysis Ratios
Capital Market Analysis Ratios
Recording Accounting Transaction
Debits and Credits
Basics of Journal Entries
Examples of Journal Entries
Accounting Cycle
Journals and Ledgers
Adjusting Journal Entries
Trial Balance
Accrual Basis vs. Cash Basis Accounting
Cash Basis Accounting
Accrual Basis Accounting
Revenue recognition
Expense recognition
Present Value, Future Value (PV, FV Conversion Tables)
Simple and Compound Interest Calculations
Accounting for General Users: A guide to accounting for users who are interested in understanding accounting reports. This section explains what users need to know to understand and analyze accounting information provided in the financial statements. No prerequisite is required to read this section.
CPA and Accounting Profession
How to become a Certified Public Accountant (CPA)
Accounting is an information system.
Users of accounting information
Financial accounting for external users
Managerial accounting for internal users
Types of Financial Statements
Financial Statements Index
Balance Sheet
Income Statement
Statement of Cash Flows
Statement of Stockholders' Equity
Elements of Financial Statements (SFAC No. 6)
Balance Sheet provides information about financial position of a company.
Examples of Asset Accounts
Examples of Liability Accounts
Examples of Stockholders' Equity Accounts
Income Statement provides information about the performance of a company.
Earnings Per Share (EPS)Revenue Recognition PrincipleExamples of Revenue and Gain AccountsExamples of Expense and Loss Accounts
Statement of Cash Flows provides information about the cash flow of a company.
Cash flow from operating activities
Cash flow from investing activities
Cash flow from financing activities
Intermediate Accounting: This section provides study guides for students in the intermediate accounting courses. Following topics are discussed in this section.
Accounting for Cash and Receivables
Cash and bank deposits
Accounts receivable
Notes receivable
Allowance for doubtful accounts
Accounting for Inventories
First In First Out (FIFO)
Last In First Out (LIFO)
Dollar Value LIFO
Retail Inventory Method
Gross Profit Method
Lower of Cost or Market (LCM)
Investments in Debt and Equity Securities
Trading securities
Available for sale securities
Debt securities
Property, Plant, and Equipment (PP&E)
Acquisition costs of noncurrent operating assets
Retirement of noncurrent operating assetsCapitalization of interest cost
The Impairment of Long-Lived Assets
The Impairment of a Loan
Goodwill and Other Intangible Assets
Loss and Gain Contingencies
Extraordinary Gains and Losses
Discontinued Operations
Business Combinations
Depreciation Methods
Straight Line Depreciation
Declining Balance Method
Sum-of-the-years-digits Method
Accounting for Bonds Payable
Price of bonds payable
Discount on bonds payable
Premium on bonds payable
Amortization of discount and premium
Early extinguishment of debts
Earnings per Share (Basic and Diluted EPS)
Stockholders' Equity
Common stock
Preferred stock
Par value
Additional paid-in capital
Retained earnings
Treasury stock (Cost method, par value method)
Dividends (Cash dividend, Stock dividend)
Stock split
Initial Public Offering (IPO)
Advanced Accounting: This section provides study guides for students in the advanced accounting courses. Following topics are discussed in this section.
Consolidated Financial Statements
Business Combinations
Accounting for Leases
Operating lease
Capital lease
Accounting for Pension and Post-Retirement Benefits
Pension
Other Post-Retirement Benefits
Accounting for Deferred Income Taxes
Deferred income tax debit
Deferred income tax credit
Accounting for Derivatives and Hedging
Derivatives
Hedging
