Chapter 1: Welcome to the World of Accounting
The Accounting Profession and Careers
How Transactions Impact the Accounting Equation
The Four Core Financial Statements
Chapter 2: Information Processing
Computerized Processing Systems
Chapter 3: Income Measurement
“Measurement Triggering” Transactions And Events
Basic Elements Of Revenue Recognition
Basic Elements Of Expense Recognition
The Adjusting Process And Related Entries
Accrual Versus Cash-Basis Accounting
Chapter 4: The Reporting Cycle
Preparing Financial Statements
The Accounting Cycle And Closing Process
Business Liquidity And The Operating Cycle
