Fundamentals of accounting Ma. Elenita Balatbat Cabrera, Ester Francisco Ledesma, Ma. Concepcion Yamat Lupisan.

determination of earnings per share and book value per share -- Presentation of financial statements -- Financial statements analysis.

Vol. 1 : Introduction : accounting and its environment -- History and contemporary developments in accounting -- The role of accounting in business -- Communication through financial statements -- Conceptual framework for financial accounting -- Introduction to accounting information system and the accounting cycle -- Analyzing and summarizing business transactions of service entity -- Recording business transactions -- Measuring business income : the adjusting process -- Completing the accounting cycle -- Accounting for merchandising activities -- Special journals and subsidiary ledgers -- Completing the accounting cycle for a merchandising business -- Basic accounting for manufacturing operations -- Vol. 2 : Review of accounting processing cycle -- Partnership as form of business organization -- Accounting for partnership income and loss -- Accounting for partnership dissolution -- Accounting for partnership termination of operations -- Corporate form of business organization -- Accounting for share capital transactions -- Reserves : retained earnings -- Other components of equity

Based on Philippine financial accounting and reporting standards and revised curriculum on accountancy education effective SY 2007-2008.