Book description
Your all-in-one accounting resource
If you’re a numbers person, it’s your lucky day! Accounting jobs are on the rise — in fact, the Bureau of Labor Statistics projects a faster-than-average growth rate of 11% in the industry through 2024. So, if you’re seeking long-term job security while also pursuing your passion, you’ll be stacking the odds in your favor by starting a career in accounting.
Accountants don’t necessarily lead a solitary life behind a desk in a bank. The field offers opportunities in auditing, budget analysis, financial accounting, management accounting, tax accounting, and more. In Accounting All-in-One For Dummies, you’ll benefit from cream-of-the-crop content culled from several previously published books. It’ll help you to flourish in whatever niche you want to conquer in the wonderful world of accounting. You’ll also get free access to a quiz for each section of the book online.
- Report on financial statements
- Make savvy business decisions
- Audit and detect financial fraud
- Handle cash and make purchasing decisions
- Get free access to topic quizzes online
If you’re a student studying the application of accounting theories or a professional looking for a valuable desktop reference you can trust, this book covers it all.
Table of contents
- Cover
- Introduction
- Book 1: Setting Up Your Accounting System
- Book 2: Recording Accounting Transactions
- Book 3: Adjusting and Closing Entries
-
Book 4: Preparing Income Statements and Balance Sheets
- Chapter 1: Brushing Up on Accounting Standards
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Chapter 2: Preparing an Income Statement and Considering Profit
- Understanding the Nature of Profit
- Choosing the Income Statement Format
- Deciding What to Disclose in the Income Statement
- Examining How Sales and Expenses Change Assets and Liabilities
- Considering the Diverse Financial Effects of Making a Profit
- Reporting Extraordinary Gains and Losses
- Correcting Common Misconceptions about Profit
- Chapter 3: Assessing the Balance Sheet’s Asset Section
- Chapter 4: Digging for Debt in the Balance Sheet’s Liabilities Section
- Chapter 5: Explaining Ownership in the Equity Section of the Balance Sheet
- Chapter 6: Coupling the Income Statement and Balance Sheet
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Book 5: Reporting on Your Financial Statements
- Chapter 1: Presenting Financial Condition and Business Valuation
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Chapter 2: Laying Out Cash Flows and Changes in Equity
- Understanding the Difference between Cash and Profit
- Realizing the Purpose of the Statement of Cash Flows
- Walking through the Cash Flow Sections
- Recognizing Methods for Preparing the Statement of Cash Flows
- Interpreting the Statement of Cash Flows
- Looking Quickly at the Statement of Changes in Stockholders Equity
- Chapter 3: Analyzing Financial Statements
- Chapter 4: Reading Explanatory Notes and Disclosures
- Chapter 5: Studying the Report to the Shareholders
- Book 6: Planning and Budgeting for Your Business
- Book 7: Making Savvy Business Decisions
-
Book 8: Handling Cash and Making Purchase Decisions
- Chapter 1: Identifying Costs and Matching Costs with Revenue
- Chapter 2: Exploring Inventory Cost Flow Assumptions
- Chapter 3: Answering the Question: Should I Buy That?
- Chapter 4: Knowing When to Use Debt to Finance Your Business
- Chapter 5: Interpreting Your Financial Results as a Manager
- Chapter 6: Handling the Financial End of a Business Sale
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Book 9: Auditing and Detecting Financial Fraud
- Chapter 1: Mulling Over Sarbanes-Oxley Regulation
- Chapter 2: Preventing Cash Losses from Embezzlement and Fraud
- Chapter 3: Assessing Audit Risk
- Chapter 4: Collecting and Documenting Audit Evidence
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Chapter 5: Auditing a Client’s Internal Controls
- Defining Internal Controls
- Identifying the Five Components of Internal Controls
- Determining When You Need to Audit Internal Controls
- Testing a Client’s Reliability: Assessing Internal Control Procedures
- Limiting Audit Procedures When Controls Are Strong
- Tailoring Tests to Internal Control Weaknesses
- Timing a Client’s Control Procedures
- Chapter 6: Getting to Know the Most Common Fraud Schemes
- Chapter 7: Cooked Books: Finding Financial Statement Fraud
- About the Authors
- Connect with Dummies
- Index
- End User License Agreement
Product information
- Title: Accounting All-in-One For Dummies, with Online Practice, 2nd Edition
- Author(s):
- Release date: April 2018
- Publisher(s): For Dummies
- ISBN: 9781119453895
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