Unit 1 1
Part A Accounting and Financial Reporting 1
Part B Interpreting Financial Statements 15
Unit 2 25
Part A Overview of the Accounting Process 25
Part B The Levers of Financial Performance 42
Unit 3 54
Part A The Operating Cycle of a Business 54
Part B Financial Forecasting 67
Unit 4 78
Part A Cost of Goods Sold and Inventory 78
Part B Managing Growth 90
Unit 5 100
Part A Debt Financing 100
Part B Financial Instruments and Markets 121
Unit 6 136
Part A Equity Financing 136
Part B The Financing Decision 150
Unit 7 161
Part A Investments in Noncurrent Operating Assets(1) 161
Part B Discounted Cash Flow Techniques 179
Unit 8 197
Part A Investments in Noncurrent Operating Assets(2) 197
Part B Risk Analysis in Investment Decisions 220
Unit 9 234
Part A Accounting Changes and Error Corrections 234
Part B Business Valuation and Corporate Restructuring 249
Professional Words and Technical Terms-part A 260
Professional Words and Technical Terms-part B 292
Reference 306