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   Book Info

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Accounting for Dummies  
Author: Manufactured by John A. Tracy
ISBN: 0764578367
Format: Handover
Publish Date: June, 2005
 
     
     
   Book Review


Book Description
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.


Book Info
(IDG Books) A friendly guide for the average person to basic accounting principles. Shows how to use accounting and financial reports to streamline business operations by controlling costs, minimizing taxes and maximizing profits. Previous edition; c1997. Softcover.


From the Back Cover
Become a better manager by speaking your accountant's language

Use smart accounting to maximize profits and minimize confusion

Whether you're a small business owner or a manager responsible for keeping your company profitable, this new edition of Accounting For Dummies helps you get a handle on all those numbers your accountant gives you. Accounting basics for business and personal finances help you balance your books and stay in the black.

Discover how 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


About the Author
John A. Tracy, CPA, a former staff accountant at Ernst & Young, taught accounting at the University of Colorado for many years. His other books include the 250,000 copy bestseller, How to Read a Financial Report.




Accounting for Dummies

FROM THE PUBLISHER

Accounting For Dummies Third Edition helps you get a handle on the financial aspects of your business, investments, or taxes, all of which have recently undergone major developments. It sheds light on the mysteries of generating income statements and balance sheets, establishing budgets, controlling profit and cash flow, stemming losses, managing inventory, evaluating profit margins--and identifying ways to increase them, making financial decisions that keep investors, creditors, and managers satisfied and reading financial reports. This new edition also includes the impact of the passage of the Sarbanes-Oxley Act of 2002, the recent financial and accounting frauds by many companies, the establishment of the Public Company Accounting Oversight Board, and the new financial reporting standards for stock options and financial derivatives.

     



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