Welcome to this course page. This page includes lecture notes and interactive HTML applications designed to help college students understand key accounting concepts.
📄 Course Syllabus
🗓️ Exam Dates
| Exam |
Chapters covered |
When |
Review |
| Exam 1 |
Ch1, 2, 3 |
Mon, Oct 5 (in class) |
Slides |
| Exam 2 |
Ch4, 6, 7 + 3 |
Mon, Nov 9 (in class) |
— |
| Exam 3 (Final) |
Ch8, 9, 10, 11 + 4 |
12:30 section: Mon, Dec 14 at 12:00
14:00 section: Mon, Dec 14 at 14:00
15:30 section: Wed, Dec 16 at 14:00 |
— |
See the CMU final exam schedule for the university-wide version.
📄 Lecture Notes
⚠️ HW Practice (Ch1–Ch3), a couple of fixes and clarifications: if you received the hardcopy in class, please check this document.
The HW Practice PDFs posted on this page already include them.
| Chapters |
Handout |
Solution |
Lecturing1 |
Review2 |
HW Practice |
| Ch0 - Background |
PDF |
PDF |
PDF |
Questions |
— |
| Ch1 - Business Decisions and Accounting |
PDF |
PDF |
PDF |
Questions |
PDF |
| Ch2 - Balance Sheet |
PDF |
PDF |
PDF |
Questions |
PDF |
| Ch3 - Income Statement |
PDF |
PDF |
PDF |
Questions |
PDF |
| Ch4 - Adjustments |
PDF |
PDF |
PDF |
— |
— |
| Ch6 - Inventory - Reporting |
PDF |
— |
— |
— |
— |
| Ch7 - Inventory - Calculation |
PDF |
— |
— |
— |
— |
| Accounting Cycle Project |
PDF |
— |
— |
— |
— |
| Ch8 - Receivables and Bad Debt |
PDF |
— |
— |
— |
— |
| Ch9 - Long-lived Assets |
PDF |
— |
— |
— |
— |
| Ch10 - Liabilities |
PDF |
— |
— |
— |
— |
| Ch11 - Stockholder’s Equity |
PDF |
— |
— |
— |
— |
1 Lecture slides are designed for in-class presentation with animations. Due to animated transitions, these files typically contain 100+ pages and are not suitable for printing.
2 A short set of review questions for the chapter. It opens in your browser; press Ctrl+P there to print it as a one-page worksheet.
📋 Table of Principles
| Name |
Principle |
| Revenue Recognition |
Revenue is recorded when it is earned, regardless of when cash is received. |
| Matching Principle |
Expenses are recorded in the same period as the revenues they help generate. |
| Capitalization |
Costs that provide future benefits are recorded as assets, not immediately expensed. |
| Cost Principle |
Assets are recorded at their original (historical) cost at acquisition, including all costs necessary to get the asset ready for use (e.g., taxes, transportation, installation). |
| Accrual Accounting |
The umbrella principle that governs Revenue Recognition, Matching Principle, and Capitalization. Economic events are recorded when they occur, regardless of when cash is exchanged. |
Interactive, Supplementary Materials
Disclaimer: The materials are still under development and may contain errors or incomplete information. Please use them as supplementary learning tools and always refer to official standards and textbooks for authoritative guidance. E-mail me if you spot any “material” errors!