Accounting 101
From Calculating Revenues and Profits to Determining Assets and Liabilities, an Essential Guide to Accounting Basics
1st Edition
Published on 9. May 2017
272 pages
978-1-5072-0293-7 (ISBN)
Description
A quick and easy guide to help you learn the basics of accounting.
The ability to negotiate a deal. Confidence to oversee staff. Complete and accurate monitoring of expenses.
In today's business climate, these are must-have skills. But all too often, comprehensive business books turn the important details of best practices into tedious reading that would put even a CEO to sleep.
This bestselling series is packed with hundreds of entertaining tidbits and concepts that can't be found anywhere else. From hiring and firing to strategizing and calculating revenues, these guides can help you learn core business and career concepts?no MBA required! So whether you're a new business owner, a manager, or entry-level employee, this series has the answers you need to conduct business more efficiently.
The ability to negotiate a deal. Confidence to oversee staff. Complete and accurate monitoring of expenses.
In today's business climate, these are must-have skills. But all too often, comprehensive business books turn the important details of best practices into tedious reading that would put even a CEO to sleep.
This bestselling series is packed with hundreds of entertaining tidbits and concepts that can't be found anywhere else. From hiring and firing to strategizing and calculating revenues, these guides can help you learn core business and career concepts?no MBA required! So whether you're a new business owner, a manager, or entry-level employee, this series has the answers you need to conduct business more efficiently.
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Michele Cagan
Accounting 101
From Calculating Revenues and Profits to Determining Assets and Liabilities, an Essential Guide to Accounting Basics
Book
05/2017
Adams Media Corporation
€16.50
No shipping information available
Person
Michele Cagan is a CPA, author, and financial mentor. With more than twenty years of experience, she offers unique insights into personal finances, from breaking out of debt and minimizing taxes to maximizing income and building wealth. Michele has written numerous articles and books about small business finances, investing, and accounting, including The Infographic Guide to Personal Finance; Real Estate Investing 101; Investing 101; Budgeting 101; Stock Market 101, 2nd Edition; and The Financial Recovery Workbook. In addition to her financial know-how, Michele has a not-so-secret love of painting, Star Wars, and chocolate. She lives in Maryland with her kid, dogs, cats, and koi. Get more financial guidance from Michele by visiting MicheleCaganCPA.com.
Content
- Intro
- Dedication
- Introduction
- Chapter 1: The Business of Accounting
- Who Uses Accounting Information?
- Accounting is More Than Numbers
- Ancient Accounting
- Modern Accounting
- Accounting Rules
- Generally Accepted Accounting Principles
- Tracking and Measuring Success
- How Accountants Can Help You
- Chapter 2: Who's Who in Accounting
- CPAs are Licensed
- The AICPA
- Bookkeeping Versus Accounting
- Entertainment Accountants
- Forensic Accountants
- Anti-Money Laundering Specialists
- CFOs Steer Corporations
- Tax Accountants
- Environmental Accountants
- Choosing the Right Professional
- Chapter 3: Setting the Framework
- Accounting Starts with Accounts
- How the Accounts Connect
- Debits and Credits
- What Counts as a Transaction
- The Accounting Cycle
- Accounting and Organization
- Chapter 4: Assets, Liabilities, and Equity
- The Accounting Equation
- What are Assets?
- Breaking Down Asset Categories
- A Closer Look at Current Assets
- The Importance of Cash
- A Closer Look at Fixed Assets
- Current Liabilities
- Long-Term Liabilities
- Equity
- Chapter 5: Revenues, Costs, and Expenses
- Revenues
- Cash Versus Credit
- The Cost-Inventory Connection
- Expenses
- Depreciation
- People and Payroll
- Earning Profits, but out of Cash
- Chapter 6: Financial Statements
- The Statement of Profit and Loss
- The Balance Sheet
- The Statement of Cash Flows
- What Financial Statements Tell You
- Financial Statements flow into Tax Returns
- How These Statements Interconnect
- Chapter 7: Accounting Moves Forward
- The Big Accounting Firms
- Scandals in the Accounting World
- Big Changes in the Industry
- Accounting Software
- Accounting Apps
- Accounting in the Cloud
- Tomorrow's Accounting
- Photographs
- About the Author
- Index
- Copyright
