SECTION I: OVERVIEW OF ACCOUNTING AND ITS ROLE IN THE ORGANIZATION.

Introduction.

The Role of Accounting.

The Corporate Structure.

SECTION II: ACCOUNTING RULES AND REGULATIONS.

Standard Setting Organizations.

Accounting Standards.

The Securities and Exchange Commission.

SECTION III: ACCOUNTING REPORTS.

The Balance Sheet and Statement of Stockholders' Equity.

The Income Statement.

The Statement of Cash Flows.

Footnotes.

Internal Management Reports.

Foreign Currency Translation.

SECTION IV: ELEMENTS OF THE BALANCE SHEET AND INCOME STATEMENT.

Cash and Investments.

Inventory.

Accounts Receivable.

Fixed Assets.

Current Liabilities.

Debt.

Equity.

Revenue.

Research and Development.

SECTION V: ACCOUNTING MANAGEMENT.

Best Practices.

Budgeting.

Closing the Books.

Control Systems.

Cost Accounting.

Financial Analysis.

Management Information Systems.

Records Management.

SECTION VI: FINANCIAL MANAGEMENT.

Customer Credit.

Financing.

Cash Management.

Risk Management.

SECTION VII: OTHER ACCOUNTING TOPICS.

Mergers and Acquisitions.

Taxation.

Appendix A: The Chart of Accounts.

Appendix B: Journal Entries.

Appendix C: Interest Rate Tables.

Appendix D: Ratios.

Appendix E: Dictionary of Accounting Terms.