The Accounting Framework , Financial Statements , and Some Accounting Concepts 1
Recognizing Revenues and Expenses : Realized and Earned 15
Accounting for Current Assets 23
Accounting for Property , Plant , Equipment and Other Assets 35
A Note on Liabilities and Time 47
Liability Reporting 63
Accounting for Income Taxes 71
Introduction to Owners Equity 81
Solving the Puzzle of the Cash Flow Statement 93
Diversity in Accounting Principles 103
Auditors and Their Opinions 117
Introduction to Financial Ratios and Financial Statement Analysis 125