Financial and Managerial Accounting

Subject Index

A

ABC, see Activity-based costing

ABM (activity-based management), 913–914

Absences, paid, G-6–G-7

Absorption costing:

deciding when to use, 1013–1015

defined, 1007

example of, 1008, 1009–1013

variable costing vs., 1007–1016

Absorption-cost pricing, 1104–1106

Accelerated-depreciation method, 432–433

Account(s), 54–59

chart of, 65–66

contra asset, 108–109, 490

contra-revenue, 229, 230

control, F-1

permanent, 170, 174, 175

T-, 54, 681, 683

temporary, 170, 176

three-column form of, 63

uncollectible, 382–388

Accounting. See also Managerial accounting; Responsibility accounting

accrual, 1292

basic activities of, 4–5

and budgeting, 1132

building blocks of, 7–12

and career opportunities, 12, 29–31

cash, 1292

cost, 810

defined, 4

financial, 766, 767

as recruiting tool, 6

Accounting cycle, 176–179

Accounting data, users of, 5–7

“Accounting Policies, Changes in Accounting Estimates, and Errors” (IAS 8), 597

Accounting principle, changes in, 733–734

Accounting reports, 4

Accounts payable, 13, 19, 655, 670, 1151, F-11

Accounts payable subsidiary ledger, F-1

Accounts receivable, 380–391, 1150

defined, 380

disposing of, 388–391

recognizing, 381–382

and special journals, F-5, F-9

on statement of cash flows, 654–655, 667, 669

transaction analysis, 19–20

valuing, 382–388

Accounts receivable subsidiary ledger, F-1

Accounts receivable turnover ratio (receivables turnover), 397–398, 721–722

Account titles (in journals), 61

Accruals, adjusting entries for, 105, 113–118

accrued expenses, ...