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This course on Accounting covers a wide range of topics across 16 chapters, each focusing on a key aspect of accounting:

1. Role of Accounting in Society: Explores the importance of accounting, differences between financial and managerial accounting, users of accounting information, typical accounting activities, significance to stakeholders, and career paths in accounting.
2. Introduction to Financial Statements: Discusses the interrelation of primary financial statements, current and noncurrent assets and liabilities, equity, revenues, expenses, and the preparation of these financial statements.
3. Analyzing and Recording Transactions: Covers accounting principles, assumptions, concepts, the expanded accounting equation, the initial steps in the accounting cycle, transaction analysis, journal entries, T-accounts, and trial balance preparation.
4. The Adjustment Process: Explains adjusting entry concepts and guidelines, the adjustment process, recording common types of adjusting entries, preparing an adjusted trial balance, and financial statement preparation.
5. Completing the Accounting Cycle: Describes and prepares closing entries, post-closing trial balance, liquidity measures from the adjusted trial balance, and includes a comprehensive accounting cycle appendix.
6. Merchandising Transactions: Compares merchandising and service activities, perpetual vs. periodic inventory systems, records transactions for merchandise purchases and sales, freight-in methods, and prepares income statements for merchandising companies.
7. Accounting Information Systems: Defines accounting information system components, special journals, transaction analysis using special journals, subsidiary ledger preparation, and career paths in accounting and information systems.
8. Fraud, Internal Controls, and Cash: Analyzes accounting workplace fraud, internal controls, petty cash fund management, bank reconciliation, financial statement fraud, and Sarbanes-Oxley Act requirements.
9. Accounting for Receivables: Explains revenue recognition, accounting for uncollectible accounts, receivables management efficiency, earnings management in receivables accounting, long-term project revenue recognition, and differences between notes and accounts receivable.
10. Inventory: Describes basic inventory valuation methods, cost of goods sold and ending inventory calculations, inventory valuation errors, and inventory management efficiency.
11. Long-Term Assets: Distinguishes between tangible and intangible assets, capitalized costs vs. expenses, depreciation methods, accounting for intangible assets, and special issues in long-term asset accounting.
12. Current Liabilities: Identifies and describes current liabilities, their analysis, journalization, reporting, contingent liabilities, short-term notes payable, and payroll preparation transactions.
13. Long-Term Liabilities: Explains long-term liability pricing, effective-interest method amortization, journal entries for bonds, and includes a special topics appendix on long-term liabilities.
14. Corporation Accounting: Discusses equity financing through stock issuance, transactions for stock issuance and repurchase, cash and stock dividends, stock splits, owners’ equity vs. retained earnings, and earnings per share.
15. Partnership Accounting: Describes partnership formation, income and loss allocation, journal entries for partner admission and withdrawal, and partnership dissolution.
16. Statement of Cash Flows: Explains the statement's purpose, differentiates between operating, investing, and financing activities, prepares the statement using the indirect method, assesses liquidity and solvency, and includes a direct method appendix.

Each chapter includes key terms, a summary, multiple-choice questions, exercises, problems, and thought-provoking content to enhance understanding of accounting principles and practices.