The economics of accounting information -- Accrual accounting and the income statement -- The balance sheet: market value versus historical cost -- The cash flows statement and the importance of cash flows -- Notes receivable, notes payable, and the time value of money -- Timely reporting: recognizing future bad news early -- Product costs: inventories and cost of goods sold -- Allocating the cost of property and equipment -- Accounting for income taxes -- Investments in intangible assets -- Investments in other companies -- Investments in leased assets -- Financial instruments and derivative securities -- Pension and other postemployment benefits -- Shareholders' equity -- Earnings management

1. Financial statements
2. Corporations -- Accounting