The link between business and accounting -- Preparing financial statements and analyzing business transactions -- The accounting information system and the accounting cycle -- Accrual accounting concepts and the accounting cycle -- Accrual accounting for merchandising operations -- Reporting and analyzing inventory -- Cash accounting and interpreting long-term operational assets -- Reporting and understanding liabilities -- Reporting and understanding shareholders' equity -- Preparing and analyzing the statement of cash flows -- Using financial statement analysis to evaluate firm performance -- Quality of earnings and corporate governance -- Wal-mart annual report -- Target 10-K

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