Accounting for Dummies

Posted on 24 August 2018 by John A. Tracy

Whether you re a small business owner or just want to understand your 401 k statements, a basic understanding of accounting practices is important for anyone who handles money Knowing how to balance the books and stay in the black is vital for keeping a business afloat or keeping your checkbook balanced If you need to keep the books in order, this new edition of Accounting For Dummies helps you get a handle on all those columns of numbers It offers fully up to date coverage of accounting basics and includes all the tools and tips you need to Make sense of bookkeeping basics Read a financial statement Manage budgets for a better bottom line Analyze business strengths and weaknesses Evaluate accounting methods and business structures John Tracy, Certified Public Accountant and former professor of accounting, presents everything you need to know to master modern accounting Packed with practical guidance and real world scenarios, this handy guide covers it all Making and reporting profit Reporting a company s financial condition Preparing financial reports Budgeting profit and cash flow Choosing and implementing accounting methods How to read a financial report Audits, accounting fraud, and audit failure How to decipher accounting jargon And savvy ways businesses use accounting From balance sheets, to income statements, to inventory, almost every aspect of modern business requires basic accounting techniques You ll learn it all here Plus, this new edition covers the impact of the Sarbanes Oxley Act of 2002, recent accounting fraud scandals, the establishment of the Public Company Accounting Oversight Board, and the new financial reporting standards for stock options and financial derivatives. Best Read Accounting for Dummies by John A. Tracy For Kindle ePUB or eBook – kino-fada.fr I m not an accountant or bookkeeper, but I did need to understand the process I also didn t want to have to try and find classes to teach me about the basics.Dummies books are well known for being easy to read and understand This book is like others in the series in that it does exactly that In addition, each chapter is written so that you can go to the exact section that you need and go only through that chapter alone, instead of being forced to read the entire book so that you understood a I m not an accountant or bookkee...I find the Dummies series to be quite educational If I wanted to learn about cooking or about sports, I can read a book designed around the topic I think that a person should learn as much as they can about things that matter to them I like learning about accounting because of it s role in business Increasing my knowledge of accounting can help me invest or even save money I like the summary on the income sta...Maybe I needed accounting for MEGA dummies I have zero knowledge about accounting and unfortunately I found that in order to understand this book one still needed a basic understanding of accounting definitions to grasp these concepts Bummer.overall a great look at accounting, just like you would expect from this book wentin depth than I expected, which was nice took me awhile to get through because it s a bit dry only so much you can do to spice up an accounting book.I laughed I cried I ran the full gamut of emotions And that was before opening the book.A solid, high level overview of how businesses work and how accounting reflects the business process.I listened to this as an audiobook, which was probably a bad choice like milk The book seems to be a high level management style overview of basic accounting principles As an audiobook it was sometimes difficult to picture in my head the various types of accounting forms that the author was speaking on Simon That was for you I assume that in the real book there are likely examples to make this eas...Actually a rather boring book, but it tells me some basics accounting, so I can say that its a helpful bookSMListened to audiobook Last 1 hour is worth listening to again Other text is repetitive and too basic.

English
24 August 2018

John A. Tracy