Accounting handbook

1. Financial accounting: the financial statements Income statement reporting Balance sheet Statement of cash flows 2. Financial accounting: financial reporting requirements Interim reporting Accounting changes Prior period adjustments Disclosure of accounting policies Segmental reporting Imputing interest on notes Business combinations Investments in securities Leases Pension plans Postretirement benefits other than pensions Income tax accounting Foreign currency translation and transactions Financial instruments Related parties 3. Management/Cost account I Introduction: the role of management accounting Cost accounting vs. management accounting pt. 1. Processing cost data for cost accumulation Cost concepts, terms, and classification Cost-accumulation systems Costing joint products and by-products Allocation of service department costs to production departments Activity-based costing Activity-based management Just-in-time (JIT) and total quality management (TQM) Life-cycle costs and target costing pt. 2. Using cost data for planning Cost behavior analysis: analysis of mixed costs Cost-volume-profit (CVP) and break-even analysis Absorption versus variable costing Budgeting for profit planning A shortcut approach to formulating the budget 4. Management/cost accounting II pt. 3. Using cost data for control Responsibility accounting: introduction Standard costs and variance analysis for cost centers Segmental reporting for profit centers Balanced scorecard Transfer pricing pt. 4. Using cost data for decision making Short-term and nonroutine decisions Capital budgeting decisions How does MACRS affect investment decisions?

5. Financial statement analysis Importance Horizontal analysis Ratio analysis Summary and limitations of ratio analysis 6. Individual income taxation: preparation and planning How to postpone taxes Sources of tax-exempt income How to delay paying tax on interest Gains or losses on securities transactions Tax strategies when children are involved Itemized deductions Self-employment Personal exemptions Standard deduction Tax implications of pension plans Real estate transactions Gifts Determination of tax Estates planning Advantages of having a trust Alternative minimun tax 7. Dictionary of accounting terms 8. Information technology in accounting Accounting packages Activity-based costing (ABC) software Spreadsheets (electronic worksheets) Auditing tasks Spreadsheet-program-assisted auditing Tax preparation and planning Using database management systems (DBMS) Decision support systems (DSS) The applications of expert systems to accounting Local area networks Software systems that impact value chain management Wireless technology 9. Quantitative methods for accounting Decision-making Linear programming and shadow pricing Learning curve Inventory planning Program evaluation and review technique (PERT) 10. Auditing and internal control over financial reporting (coauthored by Nicky Andrew Dauber, C.P.A.) Sarbanes-Oxley Act and the public company accounting oversight board (PCAOB) Audit reports Compilation of financial statements Review of financial statements Reports on prospective financial statements Audit documentation Internal auditing 11. Personal financial planning Objectives of personal financial planning 12. Governmental and nonprofit accounting Characteristics of nonbusiness organizations Governmental accounting Nonprofit organizations and financial reporting 13. International accounting Introduction: accounting dimensions of international business Foreign currency exchange rates OECD counties Third world (developing) countries East bloc (planned economy) countries Problems created for the multinational enterprise (MNE) The feasibility of complete standardization Harmonization of standards

14. Forensic accounting

Why is forensic accounting necessary?

When does one employ a forensic accountant?

Where is a forensic accountant used?

How does a forensic accountant work?

A-case in forensic accounting

Appendix A: Summary of the Sarbanes-Oxley Act of 2002

Appendix B: Financial reporting differences among the United States, Canada, and Mexico

Appendix C: Accounting cycle: journal entries

Job order costing entries

Process costing entries.

Financial accounting: the financial statements : Income statement reporting ; Balance sheet ; Statement of cash flows Financial accounting: financial reporting requirements : Interim reporting ; FASB Accounting Standards Codification ; Accounting changes ; Prior period adjustments ; Disclosure of accounting policies ; Segmental reporting ; Imputing interest on notes ; Business combinations ; Consolidation ; Investments in securities ; Fair value measurements ; Fair value option for financial assets and financial liabilities ; Leases ; Pension plans ; Other postretirement benefits ; Income tax accounting ; Foreign currency translation and transactions ; Financial instruments ; Related parties Management accounting/cost management I : Introduction: the role of management accounting ; Cost accounting vs. cost management ; Part I. processing cost data for cost accumulation : Cost concepts, terms, and classifications ; Cost-accumulation systems ; Costing joint products and by-products ; Allocation of service department costs to production departments ; Activity-based costing ; Activity-based management ; Just-In-Time (JIT) and Total Quality Management (TQM) ; Measuring quality costs ; Backflush costing ; Throughput ; Environmental costs and ecoefficiency ; Life-cycle costs and target costing ; Part II. Using cost data for planning : Cost behavior analysis: analysis of mixed costs ; Cost-volume-profit (CVP) and break-even analysis ; Absorption versus variable costing ; Budgeting for profit planning ; A shortcut approach to formulating the budget Management accounting/cost management II : Part III. Using cost data for control : Responsibility accounting: introduction ; Standard costs and variance analysis for cost centers Segmental reporting for profit centers ; Responsibility accounting for investment centers ; Balanced scorecard ; Transfer pricing ; Part IV. Using cost data for decision making : Short-term and nonroutine decisions ; Capital budgeting decisions ; How does MACRS affect investment decisions Financial statement analysis : Importance ; Horizontal analysis ; Ratio analysis ; Summary and limitations of ratio analysis

Individual income taxation: preparation and planning : How to postpone taxes ; Sources of tax-exempt income ; How to delay paying tax on interest ; Gains or losses on securities transactions ; Tax strategies when children are involved ; Itemized deductions ; Self-employment ; Personal exemptions ; Standard deduction ; Tax implications of pension plans ; Real estate transactions ; Gifts ; Determination of tax ; Estate planning ; Advantages of having a trust ; Alternative minimum tax

Dictionary of accounting terms

Information technology in accounting : Accounting packages ; Activity-Based Costing (ABC) software ; Spreadsheets (electronic worksheets) ; Auditing tasks ; Spreadsheet-assisted auditing ; Tax preparation and planning ; Using database management systems (DBMS) ; Software systems that impact value chain management ; Wireless technology

Quantitative methods for accounting : Decision making ; Linear programming and shadow pricing ; Learning curve ; Inventory planning ; Program Evaluation and Review Technique (PERT)

Auditing and internal control over financial reporting : Sarbanes-Oxley Act and the Public Company Accounting Oversight Board (PCAOB) ; Audit reports ; Compilation of financial statements ; Review of financial statements ; Reports on prospective financial statements ; Audit documentation ; Internal auditing ; Section 404 of the Sarbanes-Oxley Act ; The SOX section 302 and section 906 considerations

Personal financial planning : Objectives of personal financial planning

Governmental and nonprofit accounting : Characteristics of nonbusiness organizations ; Governmental accounting ; Nonprofit organizations and financial reporting

International accounting and International Financial Reporting Standards (IFRS) : Introduction: Accounting dimensions of international business ; Foreign currency exchange rates ; U.S. GAAP vs. IFRS ; Required financial statements and structural differences in primary financial reporting ; IFRS differences affecting the statement of financial position ; IFRS differences affecting the income statement

Forensic accounting : Why is forensic accounting necessary? ; When does one employ a forensic accountant? ; Where is a forensic accountant used? ; How does a forensic accountant work? ; Forensic accounting and fraud examination ; Forensic specialists' investigation procedure ; Forensic computing and the use of technology ; IT and data mining used to detect corporate fraud ; A case in forensic accounting

Appendix A. Summary of the Sarbanes-Oxley Act of 2002

Appendix B. Sarbanes-Oxley compliance practice aid.

Financial accounting : the financial statements

Financial accounting : financial reporting requirements

Management accounting/cost management I

Management accounting/cost management II

Financial statement analysis

Individual income taxation : preparation and planning

Dictionary of accounting terms

Information technology in accounting

Quantitative methods for accounting

Auditing and internal control over financial reporting

Personal financial planning

Governmental and nonprofit accounting

International accounting and international financial reporting standards (IFRS)

Forensic accounting.