Brief Table of Contents

Chapter 1: Why Is Financial Accounting Important?

Chapter 2: What Should Decision-makers Know So That Good Decisions Can Be Made about an Organization?

Chapter 3: In What Form Is Financial Information Actually Delivered to Decision Makers Such as Investors and Creditors?

Chapter 4: How Does an Organization Accumulate and Organize the Information Necessary to Prepare Financial Statements?

Chapter 5: Why Must Financial Information Be Adjusted Prior to the Production of Financial Statements?

Chapter 6: Why Should Decision Makers Trust Financial Statements?

Chapter 7: In a Set of Financial Statements, What Information Is Conveyed about Shareholders’ Equity?

Chapter 8: In a Set of Financial Statements, What Information Is Conveyed by the Statement of Cash Flows?

Appendix A: Appendix: Present Value Tables