Financial Accounting Essentials You Always Wanted To Know: 4th Edition (Self-Learning Management Series)

Includes Chapter Summaries and Solutions to Practice Exercises

Understanding of Financial Accounting Terms

Need, nature and purpose of Financial Statements

Audience of Financial Statements

Balance Sheet

Income Statement

Statement of Cash Flows

Financial Accounting Essentials You Always Wanted To Know: 4th Edition prepares new managers and leaders with the foundation to understand financial accounting, a critical tool to document finances to shareholders, government tax authorities and other critical parts of the business ecosystem. The chapters follow in a logical flow to describe the key components of financial accounting, including:

Why are financial accounting systems necessary?

Financial accounting systems and terms

The Balance Sheet

The Income Statement

The Statement of Cash Flows

Each chapter provides clear examples of the financial accounting tools and includes practice examples to help train the reader in the usage of these critical tools.

About the Series

The Self-Learning Management series is designed to help students, new managers, career switchers and entrepreneurs learn essential management lessons. This series is designed to address every aspect of business from HR to Finance to Marketing to Operations, be it any industry. Each book includes basic fundamentals, important concepts, standard and well-known principles as well as practical ways of application of the subject matter. The distinctiveness of the series lies in that all the relevant information is bundled in a compact form that is very easy to interpret.