Principles of Financial Accounting

Chapters

1Introduction to Financial Accounting

Definition and Purpose of Financial Accounting The Accounting Cycle Users of Financial Accounting Information Ethics in Financial Accounting The Role of Financial Accounting in Business Accounting vs. Bookkeeping Historical Development of Accounting The Financial Accounting Standards Board (FASB)Introduction to International Financial Reporting Standards (IFRS)

2Understanding Financial Statements

3The Accounting Equation and Double-Entry System

4Accrual Accounting Concepts

5Inventory Accounting

6Internal Controls and Cash Management

7Receivables and Payables

8Fixed Assets and Depreciation

9Liabilities and Equity

10Financial Statement Analysis

11Revenue and Expense Recognition

12Financial Reporting and Disclosure

13Ethics in Financial Accounting

Courses/Principles of Financial Accounting/Introduction to Financial Accounting

Introduction to Financial Accounting

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An overview of financial accounting, its purpose, and its importance in business.

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5 of 9

The Role of Financial Accounting in Business

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