Accounting For Dummies
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Accounting For Dummies

Accounting For Dummies


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About the Book

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.

Table of Contents:
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

About the Author :
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 PhD degrees at the University of Wisconsin in Madison. He is a CPA (inactive) in Colorado.


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Product Details
  • ISBN-13: 9780470392690
  • Publisher: John Wiley & Sons Inc
  • Publisher Imprint: For Dummies
  • Edition: Revised edition
  • No of Pages: 382
  • ISBN-10: 047039269X
  • Publisher Date: 02 Jun 2008
  • Binding: Digital (delivered electronically)
  • Language: English


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