Book description
Balance the books, learn important accounting concepts, and master the basics
Accounting Workbook For Dummies is for business bookkeepers and accountants, who need a refresher on the subject, as well as students taking their first accounting class. It’s a comprehensive study guide that can help you improve your accounting skills and lay the foundation for further advancement.
Whether you’re trying to get certified and become an accountant, or own a small business and need a little help balancing your books, this hands-on guide provides the learning and helpful practice you need.
The third edition of Accounting For Dummies contains guidance on incorporating principles to adhere to the Sarbanes-Oxley Act, reading financial reports, generating income statements and balance sheets, and establishing budgets. Accounting Workbook For Dummies provides you with real-world exercises to see these principals in action, although you don’t need to have read Accounting For Dummies.
Accounting Workbook For Dummies focuses on business accounting, explains how business transactions are recorded in the accounts of a business and the financial statements that are prepared for a business to report its profit and loss, financial condition, and cash flows. It also shows you how business managers use accounting information for decision making.
The book’s four parts cover topics like recordkeeping basics, financial statements, accounting for business managers, and investment accounting. You’ll learn to:
Record transactions, track costs, and manage accounts
Open and close bookkeeping cycles
Analyze business performance and profit
Choose the right accounting method
Master investment accounting fundamentals
Understand manufacturing cost accounting
With your own copy of Accounting Workbook For Dummies, you can learn how to do all of that, find out what you need to know about financial statements, get tips for management accounting, and more.
Table of contents
- Cover
- Table of Contents
- Title Page
- Introduction
- Chapter 1: Elements of Business Accounting
- Chapter 2: Financial Effects of Transactions
- Chapter 3: Getting Started in the Bookkeeping Cycle
- Chapter 4: The Bookkeeping Cycle: Adjusting and Closing Entries
- Chapter 5: The Effects and Reporting of Profit
- Chapter 6: Reporting Financial Condition in the Balance Sheet
- Chapter 7: Coupling the Income Statement and Balance Sheet
- Chapter 8: Reporting Cash Flows and Changes in Owners' Equity
- Chapter 9: Choosing Accounting Methods
- Chapter 10: Analyzing Profit Behavior
- Chapter 11: Manufacturing Cost Accounting
- Chapter 12: Figuring Out Interest and Return on Investment
- Chapter 13: Ten Things You Should Know About Business Financial Statements
- Chapter 14: A Ten-Point Checklist for Management Accountants
Product information
- Title: Accounting Workbook For Dummies
- Author(s):
- Release date: August 2006
- Publisher(s): For Dummies
- ISBN: 9780471791454
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