The only guide to accounting tailor-made for Canadians, nowrevised and updated
Job prospects are good for those looking to enter the Canadianaccounting industry, and Accounting For Canadians, Second Edition is the essential resource for anyone interested indoing so. Packed with the information accountants and auditors whowork in public and private industries and in government need toknow in order to stay on the right side of Canadian accounting law, the book is also a must-have for salary accountants working foraccounting, tax preparation, bookkeeping, and payroll servicesfirms.
* Essential reading since the new GAAP became mandatory forpublicly accountable enterprises and government businessenterprises at the beginning of 2011
* Covers the new International Financial Reporting Standards
* Addresses new standards for private enterprises that businessleaders need to know
* Still the only trade book that covers Canadian accountingpractices
The ideal book for both accounting professionals as well asstudents who are currently working towards a degree in accountingor auditing services, Accounting For Canadians For Dummiesprovides the applicable and helpful advice that you need tosucceed.
Tabla de materias
Introduction 1
Part I: Opening the Books on Accounting 11
Chapter 1: Accounting: The Language of Business, Investing, Finance, and Taxes 13
Chapter 2: Financial Statements and Accounting Standards 31
Chapter 3: Bookkeeping and Accounting Systems 53
Part II: Figuring Out Financial Statements 75
Chapter 4: Reporting Revenue, Expenses, and the Bottom Line77
Chapter 5: Reporting Assets, Liabilities, and Owners’ Equity99
Chapter 6: Reporting Cash Flows 121
Chapter 7: Choosing Accounting Methods: Different Strokes for Different Folks 139
Part III: Accounting in Managing a Business 161
Chapter 8: Deciding the Legal Structure for a Business 163
Chapter 9: Analyzing and Managing Profit 181
Chapter 10: Financial Planning, Budgeting, and Control 203
Chapter 11: Cost Concepts and Conundrums 221
Part IV: Preparing and Using Financial Reports 243
Chapter 12: Getting a Financial Report Ready for Release 245
Chapter 13: How Lenders and Investors Read a Financial Report267
Chapter 14: How Business Managers Use a Financial Report 289
Chapter 15: Audits and Accounting Fraud 307
Part V: The Part of Tens 319
Chapter 16: Ten Accounting Tips for Managers 321
Chapter 17: Ten Tips for Reading a Financial Report 331
Glossary 341
Index 353
Sobre el autor
John A. Tracy (Boulder, Colorado) is Professor of Accounting, Emeritus, at the University of Colorado in Boulder.
Cécile Laurin is Professor of Accounting at Algonquin College and is the coordinator of theprofessionalaccounting program.