Accounting Principles A Complete Beginners Guide to Accounting

“Accounting Principles: A Complete Beginners Guide to Accounting” by Tim Power is published by 17 Books Publishing and was released on December 15, 2020. This 92-page book is designed for individuals seeking to grasp the fundamentals of financial accounting without the intention of becoming professional accountants. It addresses the needs of small business owners, employees, investors, and others who require a basic understanding of accounting principles and terminology to navigate financial reports effectively.
Readers will find a comprehensive examination of accounting fundamentals, including the differences between accounting and bookkeeping, key vocabulary, and essential financial reports such as the income statement, balance sheet, and cash flow statement. The book also covers various areas of accounting practice, including tax accounting and forensic accounting, while emphasizing the importance of measures and ratios in analyzing organizational performance. This edition serves as a practical resource for those looking to enhance their understanding of business and economics through the lens of accounting.
Official synopsis Publisher
Say goodbye to scratching your head in confusion
This accounting book could be the answer you’re looking for…
This book is intended for people who want to know something about the fundamentals of financial accounting without becoming an accountant. Many people are in this position; small business owners, employers, employees, business owners, stockholders, investors, and many, many more. Most of these folks do not need a deep understanding of accounting; they just need to learn what accounting is and how they should be using it. Just as important, they need to understand what accountants are talking about in their reports. They must learn the vocabulary and the most important terms. If you are one of those, you have found the right book for you.
We will examine this subject in some detail, discussing accounting fundamentals, the various areas where accounting professionals work and the information they produce. We will also examine the measures and ratios that accountants use to analyze an organization’s performance and the important relationship between time and money. The fact that information is the product of accounting will remain foremost in this book.
Here are just some of the topics that are discussed within this book:
- Accounting is Different From Bookkeeping
- Understanding the Vocabulary
- Accounting Reports: The Income Statement
- The Balance Sheet
- The Cash Flow Statement
- The Accounting Equation
- The CPA and Public Accounting
- Jobs in Accounting: Financial Accounting
- Tax Accounting
- Accounting Consultants
- Forensic Accounting
- Personal Accounting
- Measures and Ratios
- Accounting Software
- And Much, Much More
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