Introduction to accounting and business -- Analyzing transactions -- The matching concept and the adjusting process -- Completing the accounting cycle -- Accounting systems and internal controls -- Accounting for merchandising businesses -- Cash -- Receivables -- Inventories -- Fixed assets and intangible assets -- Current liabilities -- Corporations : Organization, Capital stock transactions, and dividends -- Accounting for partnerships and limited liability corporations -- Income taxes, unusual income items, and investments in stocks -- Bonds payable and investments in bonds -- Statement of cash flows -- Financial statement analysis -- Introduction to managerial accounting and job order cost systems -- Process cost systems -- Cost behavior and cost-volume-profit analysis -- Budgeting -- Performance evaluation using variances from standard costs -- Performance evaluation for decentralized operations -- Differential analysis and product pricing -- Capital investment analysis.