Accounting For Dummies
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Published:
Wiley 2021
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7
Street Date:
12/07/2021
Language:
English
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9781119837541
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APA Citation (style guide)

John A. Tracy. (2021). Accounting For Dummies. 7 Wiley.

Chicago / Turabian - Author Date Citation (style guide)

John A. Tracy. 2021. Accounting For Dummies. Wiley.

Chicago / Turabian - Humanities Citation (style guide)

John A. Tracy, Accounting For Dummies. Wiley, 2021.

MLA Citation (style guide)

John A. Tracy. Accounting For Dummies. 7 Wiley, 2021.

Note! Citation formats are based on standards as of July 2022. Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy.
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Accounting For Dummies
fullDescription
Demystify your financial statements and figure out what your accountant is talking about with this straightforward roadmap to the world of accounting

Few skills are as useful as a basic understanding of accounting language. And with the right resources, learning the language of business can be intuitive, empowering, and fun.

Accounting For Dummies is the perfect place to start, whether you're operating a small business, just need help managing the family budget, or you're a rising star in corporate America. It's a financial blueprint for the everyday person, easy-to-understand, and full of practical advice.

You'll learn the basic ABC's of accounting, how to read and understand financial statements, create best in class budgets & forecasts, craft profitable business plans, take control of your own finances, gain insight on how companies get money from investors and banks, and avoid common money mistakes that trip up even the best of us. You'll also find out how to:

  • Diagnose the financial health of your business and make a realistic plan to grow your company
  • Improve your own or your family's money situation with sound financial planning and understanding
  • Understand each of the three basic financial statements and what they say about a company's past, present, and future
  • Enhance your knowledge of how accounting functions and operates in today's digital age and cloud-based world
  • As a useful tool for business or as a guide to your personal finances, nothing compares to accounting mastery. And once you've nailed the basics, you'll wonder how you ever lived without this universal and beautiful language.

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    Demystify your financial statements and figure out what your accountant is talking about with this straightforward roadmap to the world of accounting

    Few skills are as useful as a basic understanding of accounting language. And with the right resources, learning the language of business can be intuitive, empowering, and fun.

    Accounting For Dummies is the perfect place to start, whether you're operating a small business, just need help managing the family budget, or you're a rising star in corporate America. It's a financial blueprint for the everyday person, easy-to-understand, and full of practical advice.

    You'll learn the basic ABC's of accounting, how to read and understand financial statements, create best in class budgets & forecasts, craft profitable business plans, take control of your own finances, gain insight on how companies get money from investors and banks, and avoid common money mistakes that trip up even the best of us. You'll also find out...

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    tableOfContents

    Introduction 1

    Part 1: Opening the Books on Accounting 5

    Chapter 1: Accounting in Today's New Economy 7

    Chapter 2: Introducing Financial Statements 29

    Chapter 3: Safeguarding Company Assets 53

    Chapter 4: Accounting in the Digital Age 75

    Chapter 5: Recognizing the Legal and Accounting Entity 89

    Part 2: Exploring Financial Statements 109

    Chapter 6: Reporting Profit or Loss in the Income Statement 111

    Chapter 7: Reporting Financial Condition in the Balance Sheet 137

    Chapter 8: Reporting Cash Sources and Uses in the Statement of Cash Flows 161

    Chapter 9: Financial Accounting Issues 183

    Part 3: Understanding Financial Reports, Financial Statements, and Financial Information 207

    Chapter 10: Producing Financial Reports 209

    Chapter 11: Deciphering a Financial Report 231

    Chapter 12: Analyzing Financial Information with Ratios 245

    Chapter 13: Generating Internal Financial Information for Management Use 267

    Chapter 14: Applying Wall Street's Tricks and Treats to Engineer Financial Results 289

    Part 4: Leveraging Accounting in Managing a Business 301

    Chapter 15: Analyzing Profit 303

    Chapter 16: Accounting for Costs 325

    Chapter 17: Preparing Best-in-Class Forecasts, Projections, and Budgets 347

    Chapter 18: Capitalizing a Business: How, When, Why, and What 369

    Part 5: The Part of Tens 397

    Chapter 19: Ten Tips for Managers 399

    Chapter 20: Ten Tips for Reading a Financial Report 409

    Index 419

    bisacCodes
        • code: BUS001010
        • description: Business & Economics / Accounting / Financial
        • code: BUS001040
        • description: Business & Economics / Accounting / Managerial
        • code: BUS005000
        • description: Business & Economics / Bookkeeping
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