Your plain-English guide to navigating a financial accounting course
Despite the economic landscape and job market, demand for accountants remains strong, and accountants will continue to see high demand for their services as the economy rebounds and businesses grow. Additionally, one of the effects of the economic downturn is a greater emphasis on accountability, transparency, and controls in financial reporting.
With easy-to-understand explanations and real-life examples, Financial Accounting For Dummies provides students who are studying business, finance, and accounting with the basic concepts, terminology, and methods to interpret, analyze, and evaluate actual corporate financial statements.
- Covers traditional introductory financial accounting course material
- Explores concepts accountants and other business professionals use to prepare reports
- Details mergers and acquisitions purchase and pooling, free cash flow, and financial statement analysis
Whether you're a student on your way to earning a bachelor's degree, MBA, or MAcc, Financial Accounting For Dummies gives you a wealth of information to grasp the subject and ace the course.
Part I: Getting a Financial Accounting Initiation.
Chapter 1: Seeing the Big Picture of Financial Accounting.
Chapter 2: Making Mom Proud: Financial Accounting Career
Chapter 3: Introducing the Big Three Financial Statements.
Chapter 4: Acronym Alert! Setting the Standards for Financial
Part II: Reviewing Some Accounting Basics.
Chapter 5: Booking It: The Process behind Financial
Chapter 6: Focusing on Accounting Methods and Concepts.
Part III: Spending Quality Time with the Balance
Chapter 7: Assessing the Balance Sheet?s Asset
Chapter 8: Digging for Debt in the Liabilities Section.
Chapter 9: Letting Owners Know Where They Stand: The Equity
Part IV: Investigating Income and Cash Flow.
Chapter 10: Searching for Profi t or Loss on the Income
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
Chapter 16: Studying the Report to the Shareholders.
Part VI: Feeling Brave? Tackling More Advanced Financial
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
Part VII: The Part of Tens.
Chapter 21: Ten Financial Accounting Shenanigans.
Chapter 22: Ten Industries with Special Accounting