Sitemap for GAAP, Small Business Accounting Terms, and Financial Ratios

Income Statement

Sample Income Statement
Income Statement Format
Gross Profit Margin
Operating Profit Margin
Net Profit Margin
Preparing Income Statements: Income Statement Example

Balance Sheet

Accounting Balance Sheet
The Accounting Equation
Sample Balance Sheet
Creating a Balance Sheet
Examples of Balance Sheets and Applying Financial Ratios
Balance Sheet Formats

Statement of Cash Flows

Statement of Cash Flows Introduction
Understanding the Cash Flow Statement
Sample Cash Flow Statement
How to Prepare the Cash Flow Statement
Cash Flow Statement Analysis
Examples of Cash Flow Statements

Owners Equity

Owners Equity
Retained Earnings
Statement of Retained Earnings
Stockholders Equity
Statement of Stockholders Equity

Treasury Stock

Treasury Stock
Accounting for Treasury Stock Cost Method
Accounting for Treasury Stock Par Value Method

Inventory Accounting

Cost of Goods Sold
Perpetual Inventory System
Periodic Inventory System

Inventory Valuation Methods

First in First Out (FIFO)
Last in First Out (LIFO)
Average Cost
Specific Identification

Depreciation Expense

Depreciation Expense
Straigh Line Depreciation
Accelerated Depreciation
Double Declining Depreciation
MACRS Depreciation
Accumulated Depreciation

Financial Ratios

Financial Ratios
Current Ratio
Quick Ratio
Working Capital
Book Value
Debt Equity Ratio
Interest Coverage Ratio
Debt Service Coverage Ratio
Leverage Ratio
Accounts Receivable Turnover
Asset Turnover Ratio
Inventory Turnover Ratio
Return on Equity
Return on Assets

The Accounting Cycle

The Accounting Cycle and Double Entry Accounting
Accounting Journal Entries
Sample General Ledger Journal Entry
Sample Chart of Accounts
Unadjusted Trial Balance Sheet
Adjusting Entries
Adjusting Entries Illustrated
Adjusted Trial Balance Sheet
Closing Entries
Final Trial Balance Sheet
Reversing Entries

Generally Accepted Accounting Principles (GAAP)

GAAP Accounting Introduction
GAAP Accounting: Relevance and Reliability
Other GAAP Accounting Principles
Historical Cost
The Historical Cost Principle