Part I. The Accounting Model 1. Accounting as a Form of Communication 2. Financial Statements and the Annual Report 3. Processing Accounting Information 4. Income Measurement and Accrual Accounting Part II. Accounting for Assets 5. Merchandise Accounting and Internal Control Appendix 5A: Accounting Tools: Internal Control for a Merchandising Company 6. Inventories and Cost of Goods Sold Appendix 6A: Accounting Tools: Inventory Costing Methods with the Use of a Perpetual Inventory System 7. Cash, Investments, and Receivables 8. Operating Assets: Property, Plant, and Equipment, Natural Resources, and Intangibles Part III. Accounting of Liabilities and Owners Equity 9. Current Liabilities, Contingent Liabilities, and the Time Value of Money Appendix 9A: Accounting Tools: Payroll Accounting 10. Long-Term Liabilities Appendix 10A: Accounting Tools: Other Liabilities 11. Stockholders Equity Part IV. Additional Topics in Financial Reporting 12. The Statement of Cash Flows Appendix 12A: Accounting Tools: A Work-Sheet Approach to the Statement of Cash Flows 13. Financial Statement Analysis Appendix: Financial Statements for Ben & Jerrys Homemade, Inc. and Gateway, Inc.