Definitions of accounting, The building blocks of accounting, The basic accounting equation The account, Steps in the recording process , The Journal The trial balance, Limitations of the trial balance, Locating errors The basics of adjusting entries, The adjusted trial balance, Summary of the accounting cycle, The classified balance sheet, Current assets, Long-term investments, Property, plant and equipment, Intangible assets, Current liabilities, Long-term liabilities, Owner’s equity, The adjusted financial statements Basics of Financial Statement Analysis, Horizontal Analysis, Vertical Analysis, Ratio Analysis.