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Accounting Demystified provides you with a working knowledge of accounting basics, covering financial, cost, budget, and tax accounting. This self-teaching guide comes complete with key points, background information, quizzes at the end of each chapter, and even a final exam. Simple enough for beginners but challenging enough for advanced students, this is a lively and entertaining brush-up, introductory text, or classroom supplement.

Acknowledgments

Introduction

PART ONE THE BIG PICTURE

CHAPTER 1 Where Did All This Lingo Come From?

The Birth of the Accountant Gaps in GAAP?

One Huge Database

The Three Key Financial Statements Are Just Summaries

Liquidity, Profitability, Growth and Financir Quiz

CHAPTER 2 The Batance Sheet--The Mother of At[

Financial Statements

Assets, Liabilities, and Equity: Another Way to Look at Them

Two Mistakes in Reasoning

Now, How Do We Use the Balance Sheet to Make Decisions?

A Quickie Analysis

Quiz

CHAPTER 3 The Income Statement--A Focus

on Earnings

Memorize This Formula!

Cost Terminology

The Significance of Gross Profit Margin and Operating Profit Margin

The Income Statement Tells a Story about Profitability

Quiz

CHAPTER 4 The Cash Flow Statement--Do We Have Enough for Payroll?

Cash versus Accrual Method of Accounting

A Real-Life Example of How Cash and Profit Differ

Why Was the Cash Flow Statement Added Recently?

Classifying Cash Flows into Three Categories

What Stories Does the Cash Flow Statement Tell You?

Quiz

CHAPTER 5 How the Financial Statements Are Related

How the Income Statement, Cash Flow Statement, and Balance Sheet Are Related

What Each Financial Statement Tracks

Simple Transactions and How They Impact the Three Key Financial Statements

Cash Sale

Credit Sale: Part One

Credit Sale: Part Two

Purchasing a Fixed Asset

Quiz

TEST Part One

……

PART TWO AN OVERVIEW OF COMMON ACCOUNTING REPORTS

TEST PART TWO

PART THREE DEBITS AND CREDITS DETAIL RULES,RULES ,RULES

TEST PART THREE

PART 4 FINANCIAL INDICATORS_USING FINANCIAL INFORMATION TO MAKE DECISIONS

TEST PART FOUR

FINAL EXAM

ANSWERS TO QUIZ,TEST,AND EXAM QUESTIONS

INDEX

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作者简介：Leita Hart

　　Leita Hart, CPA (Austin, TX) is a certified government financial manager and author of more than 20 courses on accounting, auditing, business writing, and balanced scorecard management.

书籍介绍

There's no easier, faster, or more practical way to learn the really tough subjects. "Accounting Demystified" provides you with a working knowledge of accounting basics, covering financial, cost, budget, and tax accounting. This self-teaching guide comes complete with key points, background information, quizzes at the end of each chapter, and even a final exam. Simple enough for beginners but challenging enough for advanced students, this is a lively and entertaining brush-up, introductory text, or classroom supplement.