Description
Book SynopsisWant to become an accountant? Own a small business but need help balancing your books? And worried about managing your finances under the cloud of the recession? This workbook gets you up to speed with the basics of business accounting, including reading financial reports, establishing budgets, and making financial decisions.
Table of ContentsIntroduction. Part I: Business Accounting Basics.
Chapter 1: Elements of Business Accounting.
Chapter 2: Financial Effects of Transactions.
Chapter 3: Getting Started in the Bookkeeping Cycle.
Chapter 4: The Bookkeeping Cycle: Adjusting and Closing Entries.
Part II: Preparing Financial Statements.
Chapter 5: Reporting Profit.
Chapter 6: Reporting Financial Condition in the Balance Sheet.
Chapter 7: Coupling the Profi t and Loss Statement and Balance Sheet.
Chapter 8: Reporting Cash Flows and Changes in Owners' Capital.
Chapter 9: Choosing Accounting Methods.
Part III: Managerial, Manufacturing and Capital Accounting.
Chapter 10: Analysing Profi t Behaviour.
Chapter 11: Manufacturing Cost Accounting.
Chapter 12: Figuring Out Interest and Return on Investment.
Part IV: The Part of Tens.
Chapter 13: Ten Things You Need to Know about Business Financial Statements.
Chapter 14: A Ten-Point Checklist for Management Accountants.
Index.