Number nightmares in accounting? No more!
The numbers are clear: the need for accountants is not only strong, but on the rise. With job growth projected to increase by 7% over the next 10 years, there’s no time like the present to join this growing–and profitable–profession. Accounting Workbook For Dummies, 2nd Edition gives you the hands-on instruction you need to understand complicated concepts through demonstration problems, practice worksheets. and spreadsheets.
* Understand the role of accountants versus bookkeepers
* Develop knowledge to establish and maintain high quality accounting systems
* Dip your toes into accounting in the digital age
* Learn to properly interpret financial statements and reports
* Generate income statements, balance sheets, and cash flow statements
* Expand your knowledge on sources of business capital
* Learn how to improve profits and manage costs
Understanding the intricacies of accounting has never been easier as in today’s rapid-fire global economy, accountants have never been more important–it’s all in your hands with this plain-English workbook!
Cuprins
Introduction 1
Part 1: Business Accounting Basics. 5
Chapter 1: Business Accounting Fundamentals. 7
Chapter 2: Financial Effects of Transactions 27
Chapter 3: Getting Started in the Bookkeeping Cycle 51
Chapter 4: The Bookkeeping Cycle: Adjusting and Closing Entries. 81
Chapter 5: Accounting in the Digital Age 105
Part 2: Preparing Financial Statements. 123
Chapter 6: Understanding Basic Accounting Concepts and Methods. 125
Chapter 7: The Effects and Reporting of Profit. 155
Chapter 8: Reporting Financial Condition in the Balance Sheet. 179
Chapter 9: Coupling the Income Statement and Balance Sheet 205
Chapter 10: Reporting Cash Flows and Changes in Owners’ Equity 223
Part 3: Managerial, Manufacturing, and Capital Accounting 245
Chapter 11: Analyzing Profit Behavior 247
Chapter 12: Tackling Managerial Cost Accounting. 275
Chapter 13: Business Planning and Raising Capital. 309
Part 4: The Part of Tens 337
Chapter 14: Ten Things You Should Know About Business Financial Statements 339
Chapter 15: A Ten-Point Checklist for Management Accountants. 347
Index. 355
Despre autor
Tage C. Tracy runs a financial consulting firm offering CFO support and planning services to private companies. He is the author of Business Financial Information Secrets.