Intermediate Accounting: Management Decisions and Financial Accounting Reports is the first text on the market that is brief enough to be used in the emerging one-semester intermediate accounting course. Baginski and Hassell teach students what they will need to know as managers: how business decisions affect financial statements. This text refers to the Hardcover edition.

From Decisions to Financial Statements Review of

Basic Concepts 1

1 Management Decisions and Financial Statements 2

Module A: Financial Statements and External Decision Making 42

How Financing Decisions Are Reflected in Financial Statements 63

2 Financing Decisions (Introduction and Equity Decisions) 64

3 Financing Decisions-Debt 96

4 Financing Decisions-Leasing 134

5 Financing Decisions-Reducing Outstanding Equity and Debt 162

Module B: The External User's Assessment of Management's Debt and

Equity Financing Activities 188

How Investing Decisions Are Reflected in Financial Statements 205

6 Investment Decisions-Investing in Productive Assets 204

7 Investment Decisions-Investing in Other Firms' Debt 253

8 Investment Decisions-Investing in Other Firms' Equity Securities 298

Module C: Financial Statement Ratios 341

How Operating Decisions Are Reflected in Financial Statements 345

9 Preparing for Sales-Building Up Inventory and Establishing Credit Pol- icy 346

10 Operating Activities-Revenue and Expense Recognition 390

Module D: The External Users' Assessment of Management's Operating Decisions 515

Module E: Valuation and Risk Assessment Using Accrual Accounting Information 530

Appendix A: Comprehensive Review Problem: Reviewing Transactions and Preparing Financial Statements A-1

Appendix B: The Time Value of Money-A Review B-1

Appendix C: Southwest Airlines Co. 2001 Annual Report C-1

Appendix D: Talbots 2001 Annual Report D-1

Glossary G-1

Index I-1