February 2007
Intermediate to advanced
288 pages
6h 32m
English
book
Crash Course in Accounting and Financial Statement Analysis, Second Edition
by Matan Feldman, Arkady Libman
Content preview from Crash Course in Accounting and Financial Statement Analysis, Second Edition
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Summary
Observe that Assets always equal Liabilities + Shareholders’ Equity. Understand the intuition behind the accounting equation. If you don’t quite get it, go through this exercise again.
Also notice that retained earnings increased by $30; that represents the $30 in net income that was generated during the year. Remember that the retained earnings account is the link between the balance sheet and the income statement.
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.