Accounting for dummies - John A. Tracy

Learn to:

• Make sense of accounting basics


• Read and understand financial statements


• Report income and expenses for public or private companies

Create great financials and boost your bottom line

Want to make sense of accounting basics? This plainEnglish guide helps you speak your accountants language with ease, minimizing confusion as you maximize profits. Youll find out 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.

• Accounting 101
  get an easytounderstand overview of accounting, from business to bookkeeping and accounting systems


• Its all in the finances
  find out how businesses record certain revenues and expenses, and how those choices affect the values recorded for assets, liabilities, and profit


• Manage wisely
  discover how professionals choose legal structures, design a profit performance report, and determine product costs


• Report it
  grasp how a financial report is made ready for release outside the business, how investors and lenders read financial statements, and more

Open the book and find:

• The scoop on financial statements and accounting standards


• Ways to analyze and manage profit


• Why "cost" isnt a singular concept


• How to prepare and use financial reports


• Handy tips for getting the most out of reading a financial report


• Ten accounting tips for managers


• A glossary that slashes through the accounting jargon jungle