Intermediate Accounting, 15th Edition

INDEX

A

A. C. Nielsen Company, 721n. 17

Abbott Laboratories, 219–220, 967

Abdel-khalik, A. Rashad, 1283n. 9

Abnormal shortages, 493

Absences, compensated, 712–714

Accelerated Cost Recovery System (ACRS), 614

Accountability, 54

Accounting:

ethics in, 21

principles of, 56–61

Accounting changes, see Change(s) in accounting entries

Accounting cycle, 89–114

adjusted trial balance, 108

adjusting entries, 96–108

closing, 110–113

journalizing, 91–92

post-closing trial balance, 113

posting, 92–96

preparing financial statements, 108–110

reversing entries, 113

steps of, 114

transactions and other events, identifying/recording, 89–91

trial balance, 96

Accounting information system, 84–89

Accounting policies:

accounting for changes in, 1404–1406

on balance sheets, 236, 237

disclosure of, 1491

MD&A of, 1511–1512

Accounting principle, changes in, see Change(s) in accounting principle

Accounting Principles Board (APB), 9, 27. See also Opinions of the Accounting Principles Board

Accounting Research Bulletins, 9

Accounting Research Study No. 13 (“The Accounting Basis of Inventories”), 481n. 5

Accounting standards:

economic consequences of, 17

need for development of, 7

politicization of, 26–27

Accounting Standards Executive Committee (AcSEC), 10, 541n. 2, 557n. 6, 559n. 12

Accounting Standards Updates, 11, 12, 57n. 16

Accounting theory, cash basis accounting and, 118–120

Accounts payable(s), 703

decrease in, 1425

increase in, 1422

indirect method of analyzing, 1418–1419

Accounts receivable(s), ...