Accounting and the business environment -- Recording business transactions -- Measuring business income: the adjusting process -- completing the accounting cycle -- Merchandising operations and the accounting cycle -- Accounting information systems -- Internal control, manging cash, and making ethical judgments -- Accounts and notes receivable -- Merchandise inventory -- Plant assets and intangible assets -- Current liabilities and payroll -- Partnerships -- Coporations: paid-in capital and the balance sheet -- Retained earnings, treasury stock, and the income statement -- Long-term liabilities -- Investments and international operations -- The statement of cash flows -- Financial statement analysis -- Introduction to management accounting -- Job costing -- Process costing -- Cost-volume-profit analysis -- The master budget and responsibility accounting -- Flexible budgets and standard costs -- Activity-based costing and other cost management tools -- Special business decisions and capital budgeting

1. Accounting
2. Managerial accounting