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

This book contains Chapter Summaries and Solutions to Practice Exercises. It covers aspects of financial accounting and managerial accounting as well as the following concepts: • Financial Accounting Terms and Concepts • Need, nature and purpose of Financial Statements • Audience of Financial Statements • Balance Sheet • Income Statement • Statement of Cash Flows A simple guide to understanding complex financial statements. 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. Read more