Introduction to Financial Accounting
Somnath Das
Class Lecture Notes
Introduction to Accounting & Its Environment
Financial Statements
Using Financial Statements
The Accounting Process
Accrual Process & Income Measurement
Statement of Cash Flows
Accounting for Merchandise
Valuation of Inventory
Cash & Receivables
Operating Assets
Current Liabilities
Long Term Liabilities
Stockholder's Equity
sdas@uic.edu