Each chapter begins with clearly stated learning objectives, which are included here. The learning objectives serve as a valuable road map; each one is keyed to a chapter discussion and related assignment material; they are used throughout the text and ancillary package.

Chapter 1: Uses of Accounting Information and the Financial Statements
Chapter 2: Measuring Business Transactions
Chapter 3: Measuring Business Income
Chapter 4: Accounting Information Systems
Chapter 5: Financial Reporting and Analysis
Chapter 6: Merchandising Operations and Internal Control
Chapter 7: Short-Term Financial Assets
Chapter 8: Inventories
Chapter 9: Current Liabilities and the Time Value of Money
Chapter 10: Long-Term Assets
Chapter 11: Long-Term Liabilities
Chapter 12: Contributed Capital
Chapter 13: The Corporate Income Statement and the Statement of Stockholders' Equity
Chapter 14: The Statement of Cash Flows
Chapter 15: Financial Performance Evaluation
Chapter 16: Long-Term Investments and International Accounting