Accounting
The language of business.
The accounting cycle through managerial decisions, financial to managerial.
Unit 1
The accounting cycle
Transactions, journals, and ledgers
Unit 2Financial statements
Income statement, balance sheet, and cash flow
Unit 3Accrual accounting
Adjusting entries and revenue recognition
Unit 4Merchandising
Inventory systems and cost of goods sold
Unit 5Assets
Receivables, inventory costing, and long-term assets
Unit 6Liabilities & equity
Bonds, payroll, and stockholders' equity
Unit 7Statement analysis
Ratio and trend analysis
Unit 8Managerial accounting
Cost behavior, CVP analysis, and budgeting
Unit 9Managerial decisions
Relevant costs, capital budgeting, and variance analysis