art One A Brief Introduction
Unit 1 Introduction
1.1 Basic Accounting Terms
1.2 Branches of Accounting
1.3 Purpose of Accounting Information.
1.4 Chief Personnel Involved in Accounting
1.5 Historical Development of Accounting
Part Two Basics of Financial Accounting
Unit 2 Basis and Necessities of Financial Accounting
2.1 Definition of Financial Accounting
2.2 Financial Accounting Standards Board (FASB)
2.3 The Need for Financial Accounting
2.4 Accounting Basis
Unit 3 Liabilities of Accountants and Accounting Equation.
3.1 Liabilities of Accountants.
3.2 Accounting Equation (also known as Balance Sheet Equation)
3.3 Classification of Assets and Liabilities
Unit 4 Accounting Information and Its Users
4.1 Definition of Accounting Information
4.2 Classification of Accounting Information
4.3 Chief Users of Accounting Information
Unit 5 Accounting Concepts, Principles or Conventions
5.1 Accounting Concepts
5.2 Accounting Principles
Unit 6 Financial Statements
6.1 Definition of Financial Statements
6.2 Major Types of Financial Statements
Unit 7 Analysis of Financial Statements
7.1 The Need for Analyzing Financial Statements
7.2 The Ratios Used for Analyzing Financial Statements
Part Three Management Accounting
Unit 8 Fundamentals of Management Accounting
8.1 Definition of Management Accounting
8.2 Importance of Management Accounting
8.3 Distinctions between Management Accounting and Financial Accounting
8.4 Roles of Management Accountants
8.5 Major Factors Causing Changes in Management Accounting
8.6 Management Accounting in Service and Non-profit Organizations
Unit 9 Cost Accounting
9.1 Cost
9.2 Approaches to Costing Products or Services
9.3 Cost Accounting and Cost Accounting Systems
9.4 Break-Even Point and Break-Even Analysis
9.5 Cost-Volume-Profit (CVP) Analysis
Unit 10 Product Costing
10.1 Product Cost
10.2 Cost Allocation
10.3 Approaches to Allocation of Costs
Unit 11 Job and Process Costing Systems
11.1 Job Costing
11.2 Process Costing
11.3 Distinctions between Process Costing and Job Costing
Unit 12 Budgeting and Controlling
12.1 Budgeting
12.2 Controlling
Part Four Basics of U.S. Bank Accounting
Unit 13 Importance and Reasons for Accurate Accounting Records
13.1 Importance of Accurate Accounting Records
13.2 Reasons for Banks to Develop Accurate Accounting Information
Unit 14 Bank's Basic Accounting Records and Methods
14.1 Basic Accounting Records
14.2 Bank's Accounting Methods
Unit 15 Two Basic Bank Financial Statements
15.1 Statement of Condition
15.2 Income Statement
Unit 16 Performance Measurement Ratios
16.1 Return on Assets (ROA)
16.2 Return on Equity (ROE)
16.3 Capital Ratio
16.4 Earnings Per Share (EPS)
Unit 17 Impact of Financial Data
17.1 Impact on Stockholders
17.2 Impact on Regulators
17.3 Impact on Other Financial Institutions
17.4 Impact on Customers
17.5 Impact on Employees
Unit 18 Financial Planning of Banks
18.1 Budgeting
18.2 Monthly Variance Reports
18.3 Performance Measurements
18.4 Performance Standards
Unit 19 Cost Allocation and Pricing of Services
19.1 Functional Cost
19.2 Cost Allocation
19.3 Pricing
19.4 Payment of Fees
19.5 Account Analysis
19.6 Summary of Basic US Bank Accounting
Part Five Selected Extensive Reading
Materials on Western Accounting
1. The Sarbanes u2014u2014 Oxley Act (S-O Act)u2014u2014 The Newest American Accounting Law
2. Users of Financial Reports
3. The Liability of Accountants
4. Major Types of Accounting Specialists
5. Financial Misstatements
6. Henry W. Bloch: Overcoming Accountant's Block
7. A Cultural GAAP
8. Budgeting for Success
9. An Accounting GAAP
10. A New Credit Crunch
11. Bringing the Future into Play
12. Auditing Here, Consulting over There
13. Accounting u2014u2014 or Lapdog? Here's How You'll Know
14. Accounting Standards America v the World
15. When Figures Lieu2014u2014 A Comment on Accounting Rules
16. Types of Accounting Activities in the U.S.
Key to the Exercises in the Texts
[1]Reference