Accounting Demystified

Accounting Demystified by Jeffry R. Haber (Author)
Publisher: AMACOM/American Management Association (October 2003) | ISBN-10: 0814407900 | PDF | 1 Mb | 192 pages
Accounting is truly the language of business. Success or failure is measured in dollars, but in order to make good decisions, you need to understand how finances drive business realities and become fluent in the essential elements of the accounting process.

ACCOUNTING DEMYSTIFIED tells you all you need to know about the numbers that drive business. The book uses examples of typical business situations to demonstrate basic financial concepts, including:

The accounting process
Financial statements
Making entries
Accounts payable and accounts receivable
Cashflow statements
Fixed and intangible assets
Inventory
Liabilities
Adjusting and closing entries
Prepaid expenses
Preparing a bank reconciliation
Accounting information systems
Stockholders equity
Ratio analysis

ACCOUNTING DEMYSTIFIED transforms a complex and potentially intimidating subject into something anyone can easily comprehend. This useful resource helps you understand the basics of accounting and gives you access to an essential part of any business equation.

For new students of accounting, entry-level accounting professionals, and business professionals whose own work relates directly to the numbers on the ledger, a basic understanding of core accounting functions and documents is critical. Accounting Demystified provides a simple and straightforward description of universal elements of the accounting process, plus accessible tutorials in creating, interpreting, and using financial statements. Haber’s clear language will let readers:

understand accounting basics
find errors quickly
prepare accurate financial statements
analyze financial documents
determine the financial health of a business
prepare a financial prospectus for potential investors and lenders

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