• Accounts Payable
• Payroll Liabilities
• Understanding Notes Payable
• Liability Defined

• Mortgage Payable
• Lease Obligations
• Bonds Payable
• Deferred Income Taxes
• Long‐Term Liabilities Defined
• Notes Payable

• Changes in Partners
• Liquidation of a Partnership
• The Statement of Partners' Capital
• Characteristics of a Partnership
• Partnership Accounting

• Accounting for Stock Transactions
• Dividends
• Stock Splits
• The Balance Sheet: Stockholders' Equity
• Income Statement
• Characteristics of a Corporation
• Stock Terminology

• Accounting for Debt Securities
• Accounting for Equity Securities
• Balance Sheet: Classification, Valuation
• Introduction to Investments

• Preparing the Statement
• Preparing the Statement: Direct Method
• Preparing the Statement: Indirect Method
• Using the Statement Information
• Statement Sections

• Common‐Size Analysis
• Ratio Analysis
• Financial Statement Analysis Limitations
• Need for Financial Statement Analysis
• Trend Analysis

• Costing Terminology
• The Cost of Goods Manufactured Schedule
• Accounting by Manufacturing Companies
• Managerial versus Financial Accounting
• Manufacturing Financial Statements

• Job Order Cost System
• Process Cost System

• Activity-Based Costing Activities
• Activity-Based vs Traditional Costing

• Cost Behavior
• Cost-Volume-Profit Analysis
• Margin of Safety
• Sensitivity Analysis

• Capital Expenditures Budget
• Cash Budget
• Budgeted Income Statement
• Budgeted Balance Sheet
• Merchandising Company Budgets
• Introduction to Budgets
• Operating Budgets

• Flexible Budgets
• Standard Costs

• Examples of Incremental Analysis
• Introduction to Incremental Analysis

• Capital Budgeting Techniques