Description
About the Book A simple guide to understanding complex financial statements. Book Synopsis Are you a new manager looking to understand the foundations of financial accounting? Are you a finance professional who wants to know how to document finances for shareholders? Are you an aspiring finance student who wants a quick guide to all the concepts of financial accounting? Financial Accounting Essentials You Always Wanted to Know is back with a new and updated 5th edition! This 5th Edition includes two new chapters on the Accounting Cycle. It is a starter pack for new managers and leaders who require a foundational understanding of financial accounting terms and who need to understand why preparing a financial statement is so necessary. After reading this book, managers will be equipped with the critical tools to document finances for shareholders and prepare financial statements for their organization. This book will help one to: Understand why financial accounting systems are necessary Learn financial accounting systems and terms Explore the importance of a Financial Statement Learn about the concept of Balance Sheet Understand what is an Income Statement Learn how to create a Statement of Cash Flows This 5th Edition contains two new chapters on: Accounting Cycle End of Accounting Cycle Each chapter provides clear examples of the financial accounting tools and includes practice examples to help train the reader in the usage of these critical tools. About the Series Financial Accounting Essentials is part of the Self-Learning Management Series that is designed to help students, professionals and entrepreneurs learn essential management lessons. This series of books has been written by industry experts who have combined their vast work experiences into relevant, concise, and practical handbooks that appeal to learners from all spheres of life. Review Quotes This book contains charts, graphics, tables, summary notes and examples related to each chapter and is very informative. It also contains a glossary at the end of the book for students to comprehend the subjects covered. The systematic organization of accounting principles will help students conquer financial accounting. -- -- Jangho Gil Assistant Professor of Accounting, Monmouth University If you are interested in learning about accounting and how to analyze a financial statement, this is a great book to start with. Accounting is an essential skill if you intend to go into business. By doing so, you are protecting yourself against unethical or bad accountants. This book has good insights and gets to the point. -- -- Xihui Chen Assistant Professor of Accounting and Finance, Heriot-Watt University I enjoyed reading Financial Accounting Essentials and I feel that for an overview of the subject matter, this book was well-written. I liked how the book walked the readers through the concepts of accounting. -- -- Dr Cheryl A Moore Mercyhurst University, Assistant Professor of Accounting
