Financial Accounting For Dummies

Your plain–English guide to navigating a financial accounting course
With easy–to–understand explanations and real–life examples, Financial Accounting For Dummies provides you with the basic concepts, terminology, and methods to interpret, analyze, and evaluate business financial statements. Whether you′re a student taking an introductory course or a business owner who needs a financial accounting initiation, this hands–on, friendly guide can help.
Financial Accounting 101 — get acquainted with the world of financial accounting, from the responsibilities of financial accountants to the coursework, certifications, and career options available
Book it — discover the process behind financial accounting, which starts with booking a company′s accounting transactions using journal entries and ledgers
It′s a balancing act — get the lowdown on the different parts of a balance sheet (assets, liabilities, and equity) and how together they illustrate a company′s financial position
Search for profit (or loss) — navigate an income statement to study a company′s revenue, expenses, gains, and losses
Follow the cash — find out what the statement of cash flows tells you about how a business uses its money
Open the book and find:
The purpose of financial accounting
Ethical responsibilities of financial accountants
What financial statements tell you about a company
Regulatory issues and agencies you need to know
Accounting methods and concepts
How to investigate income and cash flow
Different ways to analyze financial statements
The job (and income) outlook for financial accountants
Learn to:
Determine what each line of a financial statement tells you
Identify the various accounting concepts and methods that companies can employRecognize how investors and creditors use financial reports to make decisions

Spis treści:
Introduction.
Part I: Getting a Financial Accounting Initiation.
Chapter 1: Seeing the Big Picture of Financial Accounting.
Chapter 2: Making Mom Proud: Financial Accounting Career Options.
Chapter 3: Introducing the Big Three Financial Statements.
Chapter 4: Acronym Alert! Setting the Standards for Financial Accounting.
Part II: Reviewing Some Accounting Basics.
Chapter 5: Booking It: The Process behind Financial Accounting.
Chapter 6: Focusing on Accounting Methods and Concepts.
Part III: Spending Quality Time with the Balance Sheet.
Chapter 7: Assessing the Balance Sheet’s Asset Section.
Chapter 8: Digging for Debt in the Liabilities Section.
Chapter 9: Letting Owners Know Where They Stand: The Equity Section.
Part IV: Investigating Income and Cash Flow.
Chapter 10: Searching for Profi t or Loss on the Income Statement.
Chapter 11: Following the Money by Studying Cash Flow.
Chapter 12: Examining Depreciation Cost Flow Assumptions.
Chapter 13: Learning about Inventory Cost Flow Assumptions.
Part V: Analyzing the Financial Statements.
Chapter 14: Using Ratios and Other Tools.
Chapter 15: Got Your Dictionary Ready? Reading Explanatory Notes and Disclosures.
Chapter 16: Studying the Report to the Shareholders.
Part VI: Feeling Brave? Tackling More Advanced Financial Accounting Topics.
Chapter 17: Accounting for Business Combinations.
Chapter 18: Accounting for Income Taxes.
Chapter 19: Accounting for Leases.
Chapter 20: Reporting Changes in Methods and the Correction of Errors.
Part VII: The Part of Tens.
Chapter 21: Ten Financial Accounting Shenanigans.
Chapter 22: Ten Industries with Special Accounting Standards.
Index.

Nota biograficzna:
Maire Loughran, CPA, is a me mber of the American Institute of Certified Public Accountants. An adjunct professor of auditing, accounting, and taxation courses, she is also the author of Auditing For Dummies.

Okładka tylna:
Your plain–English guide to navigating a financial accounting course
With easy–to–understand explanations and real–life examples, Financial Accounting For Dummies provides you with the basic concepts, terminology, and methods to interpret, analyze, and evaluate business financial statements. Whether you′re a student taking an introductory course or a business owner who needs a financial accounting initiation, this hands–on, friendly guide can help.
Financial Accounting 101 — get acquainted with the world of financial accounting, from the responsibilities of financial accountants to the coursework, certifications, and career options available
Book it — discover the process behind financial accounting, which starts with booking a company′s accounting transactions using journal entries and ledgers
It′s a balancing act — get the lowdown on the different parts of a balance sheet (assets, liabilities, and equity) and how together they illustrate a company′s financial position
Search for profit (or loss) — navigate an income statement to study a company′s revenue, expenses, gains, and losses
Follow the cash — find out what the statement of cash flows tells you about how a business uses its money
Open the book and find:
The purpose of financial accounting
Ethical responsibilities of financial accountants
What financial statements tell you about a company
Regulatory issues and agencies you need to know
Accounting methods and concepts
How to investigate income and cash flow
Different ways to analyze financial statements
The job (and incom e) outlook for financial accountants
Learn to:
Determine what each line of a financial statement tells you
Identify the various accounting concepts and methods that companies can employ
Recognize how investors and creditors use financial reports to make decisions