Accounting Demystified: A Self-Teaching Guide
Translate the complex language of accounting and make the numbers work for you!You may not know the first thing about debits, credits, and cash ratios. But after readingAccounting Demystified, you'll enter your next finance meeting knowing what questions to ask and how the answers will affect the bottom line. You'll understand double-entry bookkeeping, what key financial statements and reports are telling you, how and why to conduct a financial analysis, and more.This step-by-step guide makes it easy to learn accounting, with clear graphs, plain-English explanations, and examples from well-known corporations and nonprofits, along with chapter-ending quizzes and a 100-question final exam. From balance sheets and cash flow statements to adjusting entries, profit ratios, and liquidity, it will give you the knowledge you need to understand crucial financial terms and metrics, and enhance both your on-the-job performance and career success.Accounting Demystifiedis your shortcut to knowing what the numbers arereallysaying, and using that valuable knowledge to immediately improve your decision-makingHere's some of what you'll learn in this book, all explained in a reader-friendly style:The balance sheet, income statement, and cash flow statementCost, budgetary, and tax accounting systemsThe 10-Q (quarterly) and 10-K (annual) reportsDebits versus creditsInventory valuationAdjusting entriesProfit margins, working capital, and cash flow