Book description
Not everyone is cut out to be a professional accountant, but those who
want to move up the corporate ladder know that they need to master the
essentials of accounting.
Understanding Business Accounting For Dummies, 2nd Edition
makes truly light work of the financial fundamentals that many
businesspeople try to bluff their way through every day.
The book will
show you how to evaluate profit margins, establish budgets, control
profit and cash flow, stem losses, manage inventory, make wise
financial decisions, survive an audit, and use the latest computer
technology to help you manage the bottom line.
This updated edition also includes the latest information on
International Financial Reporting Standards, capital budgeting, and
break even, plus new advice on how to find financial facts and read
company accounts. New sections include links to a number of key
business spreadsheets and a new chapter on financing your business.
John A. Tracy is a former staff accountant at
Ernst & Young. Colin Barrow was the Head of the Enterprise
Group at Cranfield School of Management and is the author of
Starting a Business For Dummies.