August 2009
Beginner
304 pages
5h 57m
English
Content preview from Financial StatementsBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Contents
Section A. Financial Statements: Structure & Vocabulary
Much of what passes for complexity in accounting and financial reporting is just specialized vocabulary and simple numeric structures. This section will introduce the words, the basic accounting principles and the structure of the main financial statements.
Chapter 1. Twelve Basic Principles
Accountants have some basic rules upon which all their work in preparing financial statements is based. Who makes these rules? The simple answer is that the “FASB” makes the rules and they are called “GAAP.” Got that?
The Balance Sheet is one of the two main business financial statements… the other is ...
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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.