Part I FOUNDATION AND REVIEW Chp.1 The Environment of Accounting Chp.2 The FASB's Conceptual Framework of Accounting Chp.3 Review:The Accounting Information Processing System Chp.4 Review:The Income Statement and the Retained Earnings Statement Chp.5 Review:The Balance Sheet and the Statement of Cash Flows Chp.6 Interest:Concepts of Future and Present Value Part II ASSETT RECOGNITION AND MEASUREMENT Chp.7 Revenue and Expense Recognition Chp.8 Cash and Receivables Chp.9 Inventory:Basic Valuation Methods Chp.10 Inventory:Alternative Valuation Methods Chp.11 Operational Assets:Acquisition,Disposal and Exchange Chp.12 Operational Assets:Depreciation and Impairment Chp.13 Intangible Assets and Natural Resources Chp.14 Investments in Debt and Equity Securities Part III LIABILITIES Chp.15 Short-Term Liabilities Chp.16 Long-Term Liabilities Chp.17 Accounting for Leases Chp.18 Accounting for Pensions and Other Postemployment Benefits Chp.19 Accounting for Income Taxes Part IV OWNER EQUITY Chp.20 Corporations:Contributed Capital Chp.21 Corporations:Retained Earnings and Stock Options Chp.22 Earnings per Share Part V SPECIAL TOPICS Chp.23 Statement of Cash Flows Chp.24 Accounting Changes and Error Corrections Chp.25 Special Topics:Disclosures, Segment Reporting,and Interim Reporting