1. Accounting for Decision Making
2. Basic Financial Statements
3. The Accounting Cycle: Capturing Economics Events
4. The Accounting Cycle: Accruals and Deferrals
5. The Accounting Cycle: Reporting Financial Results

Comprehensive Problem 1: West Branch Rent All

6. Merchandising Activities
7. Financial Assets
8. Inventories and the Cost of Goods Sold

Comprehensive Problem 2: Guitar Universe, Inc.

9. Plant and Intangible Assets
10. Liabilities
11. Stockholders' Equity: Paid-in Capital
12. Income and Changes in Retained Earnings
13. Statement of Cash Flows
14. Financial Statement Analysis

Comprehensive Problem 3: Tootsie Roll Industries, Inc.

15. Global Business and Accounting
16. Management Accounting: A Business Partner
17. Job Order Cost Systems and Overhead Allocations
18. Process Costing
19. Costing and the Value Chain
20. Cost-Volume-Profit Analysis
21. Incremental Analysis

Comprehensive Problem 4: The Gilster Company

22. Responsibility Accounting and Transfer Pricing
23. Operational Budgeting
24. Standard Cost Systems
25. Rewarding Business Performance

Comprehensive Problem 5: Utease Corporation

26. Capital Budgeting

Appendix A: Annual Report of Tootsie Roll Industries, Inc. 2002
Appendix B: The Time Value of Money: Future Amounts and Present Values
Appendix C: Forms of Business Organization