Mastering Financial Accounting Essentia- hardcover, Stuart A McCrary, 0470393327
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Mastering Financial Accounting Essentia- hardcover, Stuart A McCrary, 0470393327
US $4.85
ApproximatelyPHP 270.74
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Item specifics
- Condition
- Artist
- McCrary, Stuart A.
- ISBN
- 9780470393321
About this product
Product Identifiers
Publisher
Wiley & Sons, Incorporated, John
ISBN-10
0470393327
ISBN-13
9780470393321
eBay Product ID (ePID)
73223927
Product Key Features
Book Title
Mastering Financial Accounting Essentials : the Critical Nuts and Bolts
Number of Pages
176 Pages
Language
English
Publication Year
2009
Topic
Accounting / Financial, Accounting / General
Illustrator
Yes
Genre
Business & Economics
Book Series
Wiley Finance Ser.
Format
Hardcover
Dimensions
Item Height
0.8 in
Item Weight
12.1 Oz
Item Length
9.1 in
Item Width
6.4 in
Additional Product Features
Intended Audience
Trade
LCCN
2009-017159
Dewey Edition
22
Series Volume Number
485
Dewey Decimal
657
Table Of Content
Preface. Acknowledgments. CHAPTER 1 Creating Ledger Accounting. Count Everything. The Beginnings of Double-Entry Accounting. Double-Entry Recording of Business Transactions. Handling Debits and Credits. Keeping Track of Data. A Mathematical Description of Double-Entry Conventions. Handling Income Items. Determining Profit in the Simple Accounting Model. Permanent Accounts Overview. Temporary Accounts Overview. Conclusion. Questions. CHAPTER 2 Accounting Conventions. Reasons Accountants Develop Conventions. Accounting Cycle. Classification. Comparability. Conservatism. Double-Entry. Full Disclosure. Focus on Addition. Generally Accepted Accounting Principles (GAAP). Going-Concern Value. Journal Entry. Matching. Materiality. Recognition. Understandability. Usefulness. Valuation. Verifiability. Conclusion. Questions. CHAPTER 3 Balance Sheet. Balance Sheet Contains Permanent Accounts. Time Line of Cash Flows. Types of Balance Sheet Accounts. Presenting the Classified Balance Sheet. Conclusion. Question. CHAPTER 4 Adding an Income Statement. Temporary Accounts. Using Temporary Accounts. Types of Transactions Involving Temporary Accounts. Income Accounts. Single-Step Income Statement. Multistep Income Statement. Conclusion. Questions. CHAPTER 5 Timing and Accrual Accounting. Journaling Accounting Transactions. Cash Basis Accounting. Accrual Basis Accounting. Conclusion. Questions. CHAPTER 6 The Statement of Cash Flows. Importance of Cash. An Intuitive Way to Track Cash. Standard Accounting Categories on the Statement of Cash Flows. Using the Indirect Method to Document Changes in the Cash Position. Using the Direct Method to Document Changes in the Cash Position. Producing a Statement of Cash Flows Using the Indirect Method. Producing a Statement of Cash Flows Using the Direct Method. Conclusion. Questions. CHAPTER 7 Ensuring Integrity. Internal Controls and Procedures. Independent Auditing. The Role of the User of Financial Statements. Conclusion. Questions. CHAPTER 8 Financial Statement Analysis. Restating Accounting Results. Ratio Analysis. Trend Analysis. Industry Analysis. Conclusion. Questions. Collected Questions. Answers. About the Author. Index.
Synopsis
The essential guide to financial accountingIn today's financial world, you must know how to read and interpret financial reports/statements in order to effectively serve investors, creditors, and tax authorities. This is especially true in light of recent accounting scandals., An indispensable hands-on guide to financial accounting In light of recent accounting scandals, it is critical that all financial practitioners understand and play by the rules of the accounting field. Starting from the assumption that the reader is not familiar with any accounting jargon, Mastering Financial Accounting Essentials presents material in a way that explains the key features of modern accounting step by step and helps you develop an intuitive understanding of accounting. Each chapter presents important accounting concepts, from inventory valuation methods and the timing of erosion of productive assets to how internal managers calculate ratios and trends to evaluate business efficiency. For those who need to understand the language and law of this discipline in order to communicate effectively with accountants and clients , Mastering Financial Accounting Essentials will be an indispensable guide.
LC Classification Number
HF5636.M42 2010
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