Prepare and analyze financial report
Table of Contents
Introduction 1
Part 1: Opening the Books on Accounting 5
Chapter 1: Accounting in Today’s Economy 7
Chapter 2: Introducing Financial Statements 25
Chapter 3: Bookkeeping and Accounting Systems 49
Chapter 4: Accounting in the Digital Age 71
Chapter 5: Deciding the Legal Structure for a Business 85
Part 2: Exploring Financial Statements 101
Chapter 6: Reporting Profit or Loss in the Income Statement 103
Chapter 7: Reporting Financial Condition on the Balance Sheet 125
Chapter 8: Reporting Cash Flows 149
Chapter 9: Choosing Accounting Methods 167
Part 3: Understanding Financial Reports, Financial Statements, and Financial Information 189
Chapter 10: Producing Financial Reports 191
Chapter 11: Deciphering a Financial Report 213
Chapter 12: Analyzing Financial Information with Ratios 227
Chapter 13: Generating Internal Financial Information for Management Use 249
Chapter 14: Applying Tricks and Treats to Engineer Financial Results 271
Part 4: Leveraging Accounting in Managing a Business 281
Chapter 15: Analyzing Profit 283
Chapter 16: Accounting for Costs 305
Chapter 17: Preparing Forecasts, Projections, and Budgets 329
Part 5: The Part of Tens 349
Chapter 18: Ten Tips for Managers 351
Chapter 19: Ten Tips for Reading a Financial Report 361
Index 371
