This outline covers various aspects of preparing and analyzing financial statements (Balance Sheets, Statements of Cash Flows, Income Statements, and Statements of Shareholders' Equity).

The outline includes further details on calculation and use of:

• performance indicating ratios (e.g. Return on Equity)

• revenue recognition

• bad debts

• monetizing accounts receivable

• calculating cost of goods sold

• treatment of manufacturing inventories

• dealing with long-lived or intangible assets

• accounting for entity or method changes

• accounting for various stock transactions

• investing in other entities

• debt financing and amortization of bond discounts

• leases, accounting for contingencies and commitments

• basic assumptions and regulatory bodies in the field of accounting.

Each of the three people who contributed to and used this outline received an A.