1. The environment of financial reporting -- 2. Financial reporting : its conceptual framework -- 3. Review of a company's accounting system -- 4. The balance sheet and the statement of changes in stockholders' equity -- 5. The income statement and statement of cash flows -- 6. Additional aspects of financial reporting and financial analysis -- 7. Cash and receivables -- 8. Inventories : cost measurment and flow assumptions -- 9. Inventories : special valuation issues -- 10. Property, plant and equipment : acquisition and disposal -- 11. Depreciation and depletion -- 12. Intangibles -- 13. Current liabilities and contingencies -- 14. Long-term liabilities and receivables -- 15. Investments -- 16. Contributed capital -- 17. Earnings per share and retained earnings -- 18. Income recognition and measurement of net assets -- 19. Accounting for income taxes -- 20. Accounting for postemployment benefits -- 21. Accounting for leases -- 22. The statement of cash flows -- 23. Accounting changes and errors.