Explains accounting, including how to prepare and use financial statements, how to manage budgets, and how to use accounting ratios to interpret financial statements.
For the accounting-phobic, Label (CPA, MBA, PhD) clearly grounds the basics via an example of a small business. This update of the 2010 edition adds a comparison between U.S. standards and those of the International Accounting Standard Board, further information on the Sarbanes-Oxley Act, a timely chapter on ethics, and access to websites with accounting resources. Includes examples of financial statements, tips, alerts, and glossaries. Annotation ©2013 Book News, Inc., Portland, OR (booknews.com)
A Quick, Compact, and Easy-to-Understand Resource for Non-Accountants
Accounting for Non-Accountants is the must-have guide for all of us who have never taken an accounting class, are mystified by accounting jargon, and have no clue about balance sheets, income statements, or statements of cash flows.
Whether you own a business, plan on starting one, or just want to control your own assets, you'll find everything you need to know:
?How to prepare and use financial statements
?How to control cash flows
?How to manage budgets
?How to use accounting ratios to
?How to deal with audits and auditors interpret financial statements
Let this book help you like it helped these readers:
"Dr. Labels explanations are simple and straightforward. "
"This will help me a lot as I set up my own business. "
"I have worked in accounting for over twenty-five years, and this is the best book I have seen to help people with the basics of accounting."
For entrepreneurs or anyone who needs to brush up on accounting fast, this book will have you up and running in no time.
