PART Ⅰ Basics of Accounting 2
Unit 1 What Is Accounting？ 2
Unit 2 Accounting Equation 9
Unit 3 Double Entry Bookkeeping System 16
Unit 4 Accounting Cycle 22
PARTⅡ Financial Statements 30
Unit 5 Balance Sheet 30
Unit 6 lncome Statement 36
Unit 7 Cash Flow Statement 43
Unit 8 Owner's Equity Statement 50
Unit 9 Financial Statement Analysis 56
PARTⅢ Assets 64
Unit 10 Current Assets 64
Unit 11 Fixed Assets 72
Unit 12 Intangible Assets 78
PART Ⅳ Liabilities and Owner's Equity 86
Unit 13 Current Liabilities 86
Unit 14 Long-Term Liabilities 93
Unit 15 Owner's Equity 100
PART Ⅴ Income and Profit 108
Unit 16 Cost 108
Unit 17 Revenue and Expense 114
Unit 18 Profit 120
PARTⅥI nternational Accounting Principles 128
Unit 19 IFRS 128
Unit 20 US GAAP 133
Appendix A Annual Report of Apple Inc.for the fiscal year ended September 29，2012（Extracts） 138
Appendix B Accounting Terms 184
Appendix C Reference Translation for Texts 197