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Learn the basics of practical accounting Featuring the latest information on accounting methods and standards, this guide shows you how to avoid accounting fraud, minimize confusion, maximize profits, and make sense of accounting basics. You'll quickly understand how to manage inventory, report income and expenses for public or private companies, evaluate profit margins, analyze business strengths and weaknesses, and manage budgets for a better bottom line. With 25 percent new content including updated information on small and large business reporting standards, international accounting standards, and preventing financial reporting fraud, Accounting For Dummies continues to be an excellent resource for those studying accounting. The separate accounting and financial reporting standards for private/small businesses versus public/large businesses (Little GAAP vs. Big GAAP) The internationalization of accounting standards The rise in restatements of previously issued financial reports by public corporations, and how revisions of previously reported earnings impact investors The increasing focus on preventing financial reporting fraud and the expanded role and responsibility of the CPA auditor Accounting problems with stock options The "unaccounted for" cost of employee pensions and retirement health care costs, in both the private and public sectors Expanded coverage of small business accounting Updated resources and websites The information in Accounting For Dummies is valuable for anyone studying or working in the fields of accounting or finance.

Introduction

Part I: Opening the Books on Accounting

Chapter 1: Accounting: The Language of Business,

Investing, Finance, and Taxes

Chapter 2: Financial Statements and Accounting Standards

Chapter 3: Keeping the Books

Part II: Exploring Financial Statements

Chapter 4: Reporting Profit

Chapter 5: Reporting Financial Condition

Chapter 6: Reporting Cash Flows and Changes in Stockholders' Equity...

Chapter 7: Accounting Alternatives

Part III: Accounting in Managing a Business

Chapter 8: Deciding the Legal Structure for a Business

Chapter 9: Accounting in Managing Profit

Chapter 10: Budgeting

Chapter 11: Cost Accounting

Part IV: Preparing and Using Financial Reports

Chapter 12: Getting a Financial Report Ready

Chapter 13: How Lenders and Investors Read a Financial Report

Chapter 14: Filling Out the Financial Statements for Business Managers.

Part V: The Part of Tens

Chapter 15: Ten Accounting Tips for Managers

Chapter 16: Ten Tips for Reading a Financial Report

Appendix: Glossary: Slashing Through

the Accounting Jargon Jungle

Index

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书籍介绍

Learn the basics of practical accounting Featuring the latest information on accounting methods and standards, this guide shows you how to avoid accounting fraud, minimize confusion, maximize profits, and make sense of accounting basics. You'll quickly understand how to manage inventory, report income and expenses for public or private companies, evaluate profit margins, analyze business strengths and weaknesses, and manage budgets for a better bottom line. With 25 percent new content including updated information on small and large business reporting standards, international accounting standards, and preventing financial reporting fraud, Accounting For Dummies continues to be an excellent resource for those studying accounting. The separate accounting and financial reporting standards for private/small businesses versus public/large businesses (Little GAAP vs. Big GAAP) The internationalization of accounting standards The rise in restatements of previously issued financial reports by public corporations, and how revisions of previously reported earnings impact investors The increasing focus on preventing financial reporting fraud and the expanded role and responsibility of the CPA auditor Accounting problems with stock options The "unaccounted for" cost of employee pensions and retirement health care costs, in both the private and public sectors Expanded coverage of small business accounting Updated resources and websites The information in Accounting For Dummies is valuable for anyone studying or working in the fields of accounting or finance.