Financial statements and business decisions -- Investing and financing decisions and the balance sheet -- Operating decisions and the income statement -- The adjustment process and financial statements -- The communication of accounting information -- Reporting and interpreting sales revenue, receivables, and cash -- Reporting and interpreting cost of goods sold and inventory -- Reporting and interpreting property, plant, and equipment; natural resources; and intangibles -- Reporting and interpreting liabilities -- Reporting and interpreting bonds -- Reporting and interpreting owners' equity -- Reporting and interpreting investments in other corporations -- Statement of cash flows -- Analyzing financial statements.