The only guide to accounting that’s tailor-made for Canadians
Accounting For Canadians For Dummies provides comprehensive coverage of all the auditing concepts, practices, and regulations Canadians need to know. This trusted guide is full of great information applicable to accountants and auditors who work throughout private industry and government, as well as salary accountants working for accounting, tax preparation, bookkeeping, and payroll services firms. Financial statements, financial reports, and business accounting are explained in terms anyone can understand. This new edition is revised to include accounting in the digital age, applying techniques from Wall Street, capitalizing a business, and beyond. This Dummies guide paves an easy-to-follow path to success for students and professionals alike.
* Understand the basics of general accounting procedures
* Learn the ins & outs of Canadian regulations
* Prepare and analyze financial reports, and create professional financial statements
* Discover how to track inventory and evaluate profit margins
Accounting For Canadians For Dummies is the ideal book for both accounting professionals and students working towards a degree in accounting or auditing.
Daftar Isi
Introduction 1
Part 1: Opening the Books on Accounting 5
Chapter 1: Accounting in Today’s Economy 7
Chapter 2: Introducing Financial Statements 25
Chapter 3: Bookkeeping and Accounting Systems 49
Chapter 4: Accounting in the Digital Age 71
Chapter 5: Deciding the Legal Structure for a Business 85
Part 2: Exploring Financial Statements 101
Chapter 6: Reporting Profit or Loss in the Income Statement 103
Chapter 7: Reporting Financial Condition on the Balance Sheet 125
Chapter 8: Reporting Cash Flows 149
Chapter 9: Choosing Accounting Methods 167
Part 3: Understanding Financial Reports, Financial Statements, and Financial Information 189
Chapter 10: Producing Financial Reports 191
Chapter 11: Deciphering a Financial Report 213
Chapter 12: Analyzing Financial Information with Ratios 227
Chapter 13: Generating Internal Financial Information for Management Use 249
Chapter 14: Applying Tricks and Treats to Engineer Financial Results 271
Part 4: Leveraging Accounting in Managing a Business 281
Chapter 15: Analyzing Profit 283
Chapter 16: Accounting for Costs 305
Chapter 17: Preparing Forecasts, Projections, and Budgets 329
Part 5: The Part of Tens 349
Chapter 18: Ten Tips for Managers 351
Chapter 19: Ten Tips for Reading a Financial Report 361
Index 371
Tentang Penulis
Cécile Laurin, CPA, CA, is a retired professor of accounting at Algonquin College of Applied Arts and Technology in Ottawa. She has been chief financial officer for three engineering firms and a law firm.
Tage C. Tracy operates a financial consulting firm focused on offering CFO/executive-level support and planning services to private companies. He is the author of Business Financial Information Secrets and has coauthored several For Dummies books.