Includes index.

Contents: The Basic framework of accounting -- Accounting: an information system -- The Double-entry accounting system -- The Accounting cycle -- The Accounting cycle concluded -- Merchandising operations -- Data processing: manual and electronic systems -- Accounting for assets and current liabilities: Internal control, cash and short-term investments -- Trade accounts and notes -- Inventories -- Plant assets: measurement and depreciation -- Plant asset disposals, natural resources and intangible assets -- Current liabilities and payroll accounting -- Accounting principles and financial statement disclosures -- Partnership and corporation accounting: Partnership accounting -- Corporations: organization and capital stock -- Corporations: earnings disclosure, dividends and retained earnings -- Long-term liabilities and bond investments -- Intercorporate investments -- Analysis of cash flows and of financial statements : Statement of changes in financial position -- Analysis and interpretation of finanical statements -- Accounting in manufacturing companies: Accounting for manufacturing operations -- Cost accounting systems: process costing -- Planning, control and decision making: Cost- volume-profit relationships -- Special analyses for management -- Budgeting and standard costs -- Capital budgeting.