Financial Accounting For Dummies (For Dummies (Business & Personal Finance))

Financial Accounting For Dummies (For Dummies (Business & Personal Finance))

Published: 12/30/2020
4.4178 reviews
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Summary

Aims to demystify core concepts of financial accounting in an accessible way, using examples and scenarios to understand corporate financial statements.

Description

Learn to speak fluent finance―and ace your exams! Warren Buffett said that "accounting is the language of business." And for many accounting and business students, the obscure terminology of accounting makes fluency hard to achieve. Financial Accounting For Dummies can help to demystify abstract concepts in a straightforward, friendly way. With step-by-step examples and real-world scenarios practice, it helps you grasp the fundamentals of accounting until you're ready to interpret, analyze, and evaluate corporate financial statements like you've been doing it all your life. Packed with easy-to-understand examples, this book takes you from the big three financial statements all the way through to income taxes. Or join the anti-fraud squad by discovering how to spot the ten most common accounting shenanigans. Grasp introductory financial accounting course material Explore common concepts financial professionals use to compile reports Understand leases, free cash flow, and statement analysis Learn accounting for small businesses Whether you're studying for your bachelor's, MBA, or MAcc, you’ll find everything you need to speak the language of finance like a native―and use it to get to wherever you want to go! Read more

Level
Introductory to intermediate level, aims to demystify abstract concepts, accessible and straightforward.
Core Concepts
Understanding financial statements
leases
free cash flow
statement analysis
accounting for small businesses
GAAP
mergers and acquisitions
accounting terms.
Skills You'll Develop
Grasping accounting fundamentals, interpreting financial information, analyzing corporate statements, evaluating financial data, compiling reports, spotting fraud.
Relevance to Finance Areas
Relevant for interpreting corporate financial statements in investment analysis
corporate finance
and financial management
helpful for business students.
Real-World Application
Emphasizes real-world scenarios and step-by-step examples to illustrate concepts in practice.