Unit 1 An Introduction to Accounting 1
Learning Objectives 1
Lead In 2
1.1 Accounting Concepts 2
1.2 Accounting Assumptions 3
1.3 Accounting Principles 4
Words＆Phrases 5
Notes＆Grammar 6
Test Yourself 7
Case Study 8
Supplementary Reading 9
Unit 2 Accounting Equation and Double-Entry System 10
Learning Objectives 10
Lead In 11
2.1 Accounting Equation 11
2.2 Double-Entry System 12
Words＆Phrases 14
Notes＆Grammar 14
Test Yourself 15
Case Study 16
Supplementary Reading 16
Unit 3 Accounting Cycle 18
Learning Objectives 18
Lead In 19
3.1 Accounting Cycle 19
3.2 Journals 21
3.3 Ledgers 22
Words＆Phrases 23
Notes＆Grammar 24
Test Yourself 25
Case Study 26
Supplementary Reading 26
Unit 4 Accounting Statements 28
Learning Objectives 28
Lead In 29
4.1 Balance Sheet 29
4.2 Income Statement 30
4.3 Statement of Cash Flows 32
Words＆Phrases 33
Notes＆Grammar 34
Test Yourself 34
Case Study 36
Supplementary Reading 37
Unit 5 Assets 38
Learning Objectives 38
Lead In 39
5.1 Concept of Assets 39
5.2 Cash 40
5.3 Inventories 41
5.4 Accounts Receivable 42
Words＆Phrases 43
Notes＆Grammar 43
Test Yourself 44
Case Study 46
Supplementary Reading 46
Unit 6 Liabilities 48
Learning Objectives 48
Lead In 49
6.1 Concept of Liabilities 49
6.2 Current Liabilities 50
6.3 Long-term Liabilities 51
Words＆Phrases 52
Notes＆Grammar 52
Test Yourself 53
Case Study 54
Supplementary Reading 55
Unit 7 Owner's Equity 56
Learning Objectives 56
Lead In 57
7.1 Forms of Business Organizations 57
7.2 The Parts of Owner's Equity in the Balance Sheet 58
Words＆Phrases 59
Notes＆Grammar 60
Test Yourself 61
Case Study 62
Supplementary Reading 62
Unit 8 Revenues and Expenses 64
Learning Objectives 64
Lead In 65
8.1 Revenues 65
8.2 Expenses 66
Words＆Phrases 68
Notes＆Grammar 69
Test Yourself 69
Case Study 70
Supplementary Reading 71
Unit 9 Statement Analysis 72
Learning Objectives 72
Lead In 73
9.1 Financial Structure Ratio Analysis 73
9.2 Profitability Ratio Analysis 74
9.3 Asset Management Measures 75
9.4 Other Statement Analysis Methods 75
Words＆Phrases 76
Notes＆Grammar 76
Test Yourself 77
Case Study 78
Supplementary Reading 79
Unit 10 Accounting Profession and Examinations 80
Learning Objectives 80
Lead In 81
10.1 Accounting Profession 81
10.2 Accounting Examinations 82
Words＆Phrases 83
Notes＆Grammar 84
Test Yourself 84
Supplementary Reading 85
Appendix Ⅰ Reference Versions for the Text 87
Appendix Ⅱ Vocabulary List 103