Management Decisions and Financial Accounting Reports Book

SECTION I: FROM DECISIONS TO FINANCIAL STATEMENTS - REVIEW OF BASIC CONCEPTS 1. Managerial Decisions and Financial Statements Module A. Financial Statements and External Decision Making SECTION II: HOW FINANCING DECISIONS ARE REFLECTED IN FINANCIAL STATEMENTS 2. Financing Decisions - Introduction and Equity Decisions 3. Financing Decisions - Debt 4. Financing Decisions - Leasing 5. Financing Decisions - Reducing Outstanding Equity and Debt Module B. The External User's Assessment of Management's Debt and Equity Financing Activities SECTION III: HOW INVESTING DECISIONS ARE REFLECTED IN FINANCIAL STATEMENTS 6. Investment Decisions - Investing in Productive Assets 7. Investment Decisions - Investing in Other Firms' Debt 8. Investment Decisions - Investing in Other Firms' Equity Securities Module C. The External User's Assessment of Management's Investing Activities SECTION IV: HOW OPERATING DECISIONS ARE REFLECTED IN FINANCIAL STATEMENTS 9. Preparing for Sales - Building Up Inventory and Establishing Credit Policy 10. Operating Activities - Revenue and Expense Recognition 11. Taxes 12. Special Compensation Arrangements Module D. The External User's Assessment of Management's Operating Decisions Module E. Valuation and Risk Assessment Using Accrual Accounting Information APPENDICES A: Comprehensive Review Problem: Reviewing Transactions and Preparing Financial Statements B: The Time Value of Money—A Review C: Southwest Airlines Co. 1998 Annual Report D: TCBY 1998 Annual Report