Accounting For Dummies, 7th Edition

Index

A

• absorption accounting, 344
• accelerated depreciation, 201, 278
• account, 8–9, 58, 61, 62
• account function, 86–88
• accountability, within external financial reporting, 232–233
• accountant, 8, 10–11, 55, 64. See also certified public accountant (CPA)
• accounting entity, 89
• accounting equation, 24, 36, 71, 138–139
• accounting manual, 60
• accounting methods, changing, 133
• accounting software, 78–80, 81, 82–85
• accounting systems, 60–68
• accounts payable, 124, 131–132, 153, 157, 279–280
• accounts receivable
  • on balance sheet, 150–151
  • conservative accounting methods for, 191
  • decrease in, 169
  • defined, 125
  • financial condition and, 276
  • increase in, 169
  • sales and, 127–128
  • on statement of cash flows, 168–169
• accrual basis accounting, 165
• accrual basis of accounting, 127
• accrued expenses payable liability account
  • conservative accounting methods for, 194–195
  • financial condition and, 280
  • interest within, 155
  • overview of, 132
  • as spontaneous liability, 157
  • unpaid expenses within, 153
• accumulated depreciation, 130, 152, 171
• acid test ratio, 255
• activity-based costing (ABC), 338–339
• actual cost, 327, 329, 333
• actual cost/actual output method, 342–343
• addbacks, 295–296
• adequate disclosure, 117, 184
• adjusted trial balance, 59
• adjusting entries, 59, 65
• advertising, 121–122, 214
• Amazon, 83
• AMC, 35
• American Institute of Certified Public Accountants (AICPA), 64, 213
• American Institute of Professional Bookkeepers, 64
• amortization expense, 153–155, 172
• Apple, 35, 59, 280
• Arthur Anderson, 214