Chapter 1  An Introduction to Accounting 

1.1  Accounting is an Information System 

1.2  Forms of Organization 

1.3  The Framework for the Preparation and Presentation of
Financial Statements 

1.4  Understanding of Financial Statements 

1.5  Accounting and Its Profession 

1.6  Accounting Elements and Using the Accounting
Equation 

1.7  Professional Ethics in Accounting 

1.8  Convergence of Accounting Standards Chinese Accounting
Standards: Development and Implementation 

Vocabulary 

Self-test Questions  

Exercises 

Answers to Self-test Questions 

Chapter 2  Accounting Cycle 

2.1  T-account and Debit & Credit 

2.2  Journalizing and Posting Transactions 

2.3  Preparing a Trial Balance 

2.4  Adjusting the Accounts 

2.5  Adjusted Trial Balance and Preparation of Financial
Statements 

2.6  The Worksheet 

2.7  Closing 

2.8  The Accounting Cycle Summary 

2.9  Classification of Balance Sheet Items 

Vocabulary 

Self-test Questions 

Exercises 

Answers to Self-test Questions 

Chapter 3 Current Assets 

3.1  Cash 

3.2  Trading Securities 

3.3  Notes Receivable 

3.4  Accounts Receivable

3.5  Inventories

Vocabulary

Self-test Questions

Exercises

Answers to Self-test Questions

Chapter 4  Non-current Assets

4.1  Fixed Assets

4.2  Natural Resources

4.3  Intangible Assets

4.4  Impairment of Fixed Assets

4.5  Long-term Investments

4.6  Impairment of Long-term Investments

Vocabulary

Self-test Questions

Exercises

Answers to Self-test Questions

Chapter 5  Liabilities

5.1  Current Liabilities

5.2  Non-current Liabilities

Vocabulary

Self-test Questions

Exercises

Answers to Self-test Questions

Chapter 6  Owners' Equity

6.1  Forms of Organization

6.2  Stockholders' Rights

6.3  Accounting for Stock Issues

6.4  Treasury Stock

6.5  Preferred Stock

6.6  Dividends and Stock Splits

6.7  Accounting for Retained Earnings

6.8  Statement Presentation and Analysis

Vocabulary

Self-test Questions

Exercises

Answers to Self-test Questions

Chapter 7 Revenue and Expense Recognition and Income Statement
Presentation

7.1   Revenue Recognition Concepts

7.2  Revenue Recognition at Delivery

7.3  Revenue Recognition before Delivery

7.4  Revenue Recognition after Delivery

7.5  Long-term Contracts

7.6  Revenue Recognition for Service Sales

7.7  Recognition of Gains and Losses

7.8  Expense Recognition

7.9  Presentation of the Income Statement

Vocabulary

Self-test Questions

Exercises 

Answers to Self-test Questions

Chapter 8  Statement of Cash Flows and Financial Statement
Analysis

8.1  Cash and Cash Equivalents

8.2  Classification of Cash Receipts and Cash Payments

8.3  Preparing Statement of Cash Flows--Direct Method

8.4  Preparing Statement of Cash Flows--Indirect Method

8.5  Determining Cash Flows from Investing Activities

8.6  Determining Cash Flows from Financing Activities

8.7  Presenting the Information in the Form of the Statement
of Cash Flows

8.8  Usefulness of the Statement of Cash Flows

8.9  Financial Statement Analysis: Horizontal and
Vertical

8.10  Ratio Analysis

Vocabulary

Self-test Questions

Exercises

Answers to Self-test Questions

Appendix

1. Balance Sheet

2. Income Statement

3. Statement of Changes in Owners' Equity

4. Statement of Cash Flows

5. The Disclosure of Supplementary Information to Statement of
Cash Flows

6. Disclosure of Information and Accounts Required

7. VAT Return Form

$. Consumption Tax Return Form

9. Business Tax Return Form

10. Annual Return Form of The People' s Republic of China on
Corporate Income Tax

11. Individual Income Tax Return Form