Accounting For Dummies

Front Cover
Wiley, Mar 18, 2013 - Business & Economics - 408 pages
9 Reviews
Learn the basics of practical accounting

Featuring the latest information on accounting methods and standards, this guide shows you how to avoid accounting fraud, minimize confusion, maximize profits, and make sense of accounting basics. You'll quickly 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.

With 25 percent new content including updated information on small and large business reporting standards, international accounting standards, and preventing financial reporting fraud, Accounting For Dummies continues to be an excellent resource for those studying accounting.

  • The separate accounting and financial reporting standards for private/small businesses versus public/large businesses (Little GAAP vs. Big GAAP)
  • The internationalization of accounting standards
  • The rise in restatements of previously issued financial reports by public corporations, and how revisions of previously reported earnings impact investors
  • The increasing focus on preventing financial reporting fraud and the expanded role and responsibility of the CPA auditor
  • Accounting problems with stock options
  • The "unaccounted for" cost of employee pensions and retirement health care costs, in both the private and public sectors
  • Expanded coverage of small business accounting
  • Updated resources and websites

The information in Accounting For Dummies is valuable for anyone studying or working in the fields of accounting or finance.

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Review: Accounting for Dummies

User Review  - Katie - Goodreads

overall a great look at accounting, just like you would expect from this book. went more in depth than I expected, which was nice. took me awhile to get through because it's a bit dry.... only so much you can do to spice up an accounting book. Read full review

Review: Accounting for Dummies

User Review  - Nunik Kartikarini - Goodreads

Actually a rather boring book, but it tells me some basics accounting, so I can say that its a helpful book Read full review

About the author (2013)

John A. Tracy, CPA, is Professor of Accounting, Emeritus, at the University of Colorado in Boulder. A former staff accountant at Ernst & Young, Tracy has authored numerous books on accounting.

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