Financial accounting for dummies

Learn to:Determine what each line of a financial statement tells youTackle the core accounting methods and conceptsUnderstand financial accounting in the context of GAAP and IFRSMaster financial accounting basics fast!Whether you′re an accountancy student studying for your degree, you′re working towards ACCA qualification or you′re just starting out in your accounts career, this plain–English guide delivers easy–to–understand explanations and tons of examples that make getting to grips with all important financial accounting concepts, terminology and methods faster and easier than ever.Learn the business get the lowdown on financial accounting as a career and see the big picture of financial accounting and international accountingProcess those processes get to grips with the key financial accounting processes and concepts, for both UK GAAP and IFRSBalance the numbers make sense of the various parts of a balance sheet and how taken together they illustrate a company′s financial statusSearch for profit (and loss) interpret financial statements to get a clear picture of a company′s revenue, expenses, gains and lossesFollow the money figure out the cash flow statement and what it should be telling youOpen the book and find:Different ways to interpret and analyse financial statementsHow to prepare financial statements and report to shareholdersHow to investigate income and cash flowThe key regulatory issues to be aware ofThe financial ins and outs of mergers and acquisitionsFinancial accountants′ ethical responsibilitiesThe latest on building a career as a financial accountantBiographie de l'auteurSteve Collings is the audit and technical director for Leavitt Walmsley Associates Ltd, a Chartered Certified Accountants based in Sale, south Manchester. He specialises in financial reporting and auditing, and has an interest in small business taxation issues. Steve has written extensively for AccountingWEB.co.uk and is author of The Interpretation and Application of International Standards on Auditing and IFRS For Dummies, also published by Wiley. Maire Loughran, CPA, is a member of the American Association of Certified Public Accountants. An adjunct professor of auditing, accounting and taxation courses, she is also the author of Auditing For Dummies.