a) The Balance Sheet

b) The Income Statement

c) The Cash Flow Statement

a) Concepts of Ledger, and Debit & Credit

b) The Accounting Process

c) Transaction Analysis

a) Timing and Amount of Revenue Recognition

b) Monetary Assets Introduction and Analysis

a) Types of Companies: Merchandising, Manufacturing, Service Companies

b) Lower of Cost or Market and Inventory Analysis

a) Long-Lived Assets and Depreciation Concepts

b) Intangible Assets and Amortization Concepts

a) Nature of Liabilities and Debt Capital

b) Accounting for Bonds and Leased Assets

c) Analysis of Capital Structure

a) Accounting for Proprietor's and Partner's Equity & Ownership Concept

b) Difference between Debt and Equity

Selling, General and Administrative Expenses and Income Taxes

a) Return on Investment, Profitability Ratios, Investment Utilization, Financial Condition

b) Meaning of the Financial Statements and Review of Criteria and Concepts

a) Differences between Management Accounting and Financial Reporting

b) Strategic Planning and Concepts of Operating Budgeting

c) Capital Budgeting and Longer Run Decisions