Accounting For DummiesOpen the books on accounting with this friendly guide Want to make sense of accounting basics but don't know where to begin? This new edition of Accounting For Dummies helps you speak your accountant's language with ease—minimizing confusion as you maximize profits. Written in plain English, it quickly gets you up to speed on how to manage inventory, report income and expenses for private or public companies, evaluate profit margins, analyze business strengths and weaknesses, manage budgets for a better bottom line, and so much more. Whether you're a small business owner, a manager with budget responsibilities, or just want to understand your 401(k) statements, this friendly guide helps you get a handle on all those columns of numbers—without losing your cool. From tips for getting the most out of reading a financial report to ways to analyze and manage profit—and everything in between—it gives you the jargon-free introduction to accounting you need to make sense of those numbers.
If the thought of accounting gives you anxiety, you're in luck! Accounting For Dummies is your no-nonsense ticket to success! |
Contents
Table of Contents | |
Keeping in Compliance with Accounting | |
Keeping the Books and Guarding | |
Managing Accounting Systems | |
Enforce Strong Internal Controls | |
Juggling the Books to Conceal | |
Knowing the Accounting Entity | |
Incorporating a Business | |
Sailing through the Rest of the Statement | |
Limitations of the Statement of Cash Flows | |
Explaining the Differences | |
Recording Depreciation Expense | |
Getting a Financial Report Ready | |
Keeping Current with Financial Accounting | |
Using Ratios to Digest Financial Statements | |
Checking Out the Auditors Report | |
Reporting Profit or Loss in | |
Taking Care of Housekeeping Details | |
Pinpointing the Assets and Liabilities Used | |
Reporting Unusual Gains and Losses | |
Expanding the Accounting Equation | |
Judging Liquidity and Solvency | |
Sizing Up Assets and Liabilities | |
Sources of Cash | |
Inside Information for Managers | |
Analyzing Profit | |
Budgeting | |
Ten Tips for Managers | |
Tap into Your CPAs Expertise | |
Remember the Limits of Financial Reports | |
About the Author | |