Learn the basics of practical accounting easily and painlessly with Accounting For Dummies, 4th Edition, which features new information on accounting methods and standards to keep you up to date. With this guide, you can avoid accounting fraud, minimize confusion, maximize profits, and make sense of accounting basics with this plain-English guide to your accountant’s language. Understand how to manage inventory, report income and expenses for public or private companies, evaluate profit margins, analyze business strengths and weaknesses, and manage budgets for a better bottom line.
विषयसूची
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 Line 77
Chapter 5: Reporting Assets, Liabilities, and Owners’ Equity 97
Chapter 6: Reporting Cash Flows 119
Chapter 7: Choosing Accounting Methods: Different Strokes for Different Folks 137
Part III: Accounting in Managing a Business 159
Chapter 8: Deciding the Legal Structure for a Business 161
Chapter 9: Analyzing and Managing Profit 183
Chapter 10: Financial Planning, Budgeting, and Control 205
Chapter 11: Cost Concepts and Conundrums 223
Part IV: Preparing and Using Financial Reports 245
Chapter 12: Getting a Financial Report Ready for Release 247
Chapter 13: How Lenders and Investors Read a Financial Report 271
Chapter 14: How Business Managers Use a Financial Report 293
Chapter 15: Audits and Accounting Fraud 311
Part V: The Part of Tens 321
Chapter 16: Ten Accounting Tips for Managers 323
Chapter 17: Ten Tips for Reading a Financial Report 333
Glossary: Slashing Through the Accounting Jargon Jungle 343
Index 357
लेखक के बारे में
John A. Tracy (Boulder, Colorado) is Professor of Accounting, Emeritus, at the University of Colorado in Boulder. Before his 35-year tenure at Boulder, he was on the business faculty for four years at the University of California in Berkeley. Early in his career he was a staff accountant with Ernst & Young. John is the author of several books on accounting and finance, including The Fast Forward MBA in Finance, How To Read a Financial Report, and Small Business Financial Management Kit For Dummies with his son Tage Tracy. John received his BSC degree from Creighton University. He earned his MBA and Ph D degrees at the University of Wisconsin in Madison. He is a CPA (inactive) in Colorado.