Customized Version of OpenStax Principles of Accounting: Managerial Accounting introduces the fundamental principles of accounting and financial reporting essential for business decision-making. The text covers the accounting cycle, including recording transactions, adjusting entries, and preparing financial statements, while examining key topics such as inventory, long-term assets, cash flow reporting, and financial statement analysis.
Chapter 1 Role of Accounting in Society
Chapter 2 Introduction to Financial Statements
Chapter 3 Analyzing and Recording Transactions
Chapter 4 The Adjustment Process
Chapter 10 Inventory
Chapter 11 Long-Term Assets
Chapter 16 Statement of Cash Flows
Appendix A Financial Statement Analysis