Part 1Introduction to Financial Statements 1 The Nature and Purpose of Financial Accounting 2 Overview of the Financial Statements 3 Introduction to Financial Statement Analysis 4 The Balance Sheet 5 The Income Statement 6 The Statement of Cash FlowsCase 1 IBM Part 2The Accounting Information System 7 The Accounting Information System Part 3Operating Decisions 8 Revenue Cycle: Sales, Receivables, and Cash 9 Cost of Goods Sold and Inventory 10 Expenditure Cycle: Other Operating Items Case 2 Procter & Gamble Part 4Investing Decisions 11 Investments in Operating Assets 12 Investments in Securities Case 3 IntelPart 5Financing Decisions 13 Financing with Debt 14 Financing with Equity Case 4 AT&TPart 6Additional Reporting and Analysis 15 Accounting in a Global Market 16 Issues in Financial Statement Interpretation: Changing Prices and Alternative Accounting Methods Case 5 Coca-Cola Appendix A McDonald's: Excerpts from Form I 0-K for 2000 Appendix B The PresentValue Module Appendix C Glossary of Terms Subject IndexCompany Name Index