Has accompanying booklet, "The FASB Accounting Standards Codification: a user-friendly guide" inserted in back cover.

Includes bibliographical references and index.

The demand for and supply of financial accounting information -- Financial reporting: its conceptual framework -- Review of a company's accounting system -- The balance sheet and the statement of shareholders' equity -- The income statement and the statement of cash flows -- Cash and receivables -- Inventories: cost measurement and flow assumptions -- Inventories: special valuation issues -- Current liabilities and contingent obligations -- Property, plant, and equipment: acquisition and subsequent investments -- Depreciation, depletion, impairment, and disposal -- Intangibles -- Investments and long-term receivables -- Financing liabilities: bonds and long-term notes payable -- Contributed capital -- Retained earnings and earnings per share -- Advanced issues in revenue recognition -- Accounting for income taxes -- Accounting for postretirement benefits -- Accounting for leases -- The statement of cash flows -- Accounting for changes and errors.