Accounting for fun and profit : a guide to understanding financial statements / Lawrence A. Weiss.

By:

Weiss, Lawrence A. (Lawrence Alan) [1]

Material type: Text

TextSeries: Publication details: New York, New York (222 East 46th Street, New York, NY 10017) : Business Expert Press, (c)2016.Edition: First editionDescription: 1 online resource (xiv, 191 pages)Content type:

text

Media type:

computer

Carrier type:

online resource

ISBN:

9781631575129

Subject(s):

LOC classification:

HF5636 .A236 2016

Available additional physical forms:

2 b
Also available in printing.

Contents:

2. Accounting is not economic reality -- 3. The accounting process -- 4. Accrual accounting -- 5. Current assets -- 6. Long-term assets -- 7. Current liabilities -- 8. The time value of money: discounting and net present values -- 9. Long-term debt -- 10. Owners' equity -- 11. Cash is king -- 12. Financial statement analysis -- Index.

Abstract: Accounting is an economic information system, and can be thought of as the language of business. Accounting principles cannot be discovered; they are created, developed, or decreed and are supported or justified by intuition, authority, and acceptability. Managers have alternatives in their accounting choices; the decisions are political, and trade-offs will be made. Accounting information provides individuals, both inside and outside a firm, with a starting point to understand and evaluate the key drivers of a firm, its financial position, and performance. If you are managing a firm, investing in a firm, lending to a firm, or even working for a firm, you should be able to read the firm's financial statements and ask questions based on those statements.This book explains the fundamentals of financial statements. It is designed and meant to explain the language of accounting to nonaccountants (id est, those who hire accountants). After reading this book, you should be able to pick up an annual report, read it, understand much of it, and have a solid foundation to start asking questions about the firm. Hopefully, this book will show you that accounting can be fun and informative.

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Holdings
Item type	Current library	Collection	Call number	URL	Status	Barcode
Online Book (LOGIN USING YOUR MY CIU LOGIN AND PASSWORD)	G. Allen Fleece Library	Non-fiction	HF5636 (Browse shelf(Opens below))	Link to resource	Available	11232402
Online Book (LOGIN USING YOUR MY CIU LOGIN AND PASSWORD)	G. Allen Fleece Library ONLINE		HF (Browse shelf(Opens below))	Link to resource	Available
Online Book (LOGIN USING YOUR MY CIU LOGIN AND PASSWORD)	G. Allen Fleece Library ONLINE		HF (Browse shelf(Opens below))	Link to resource	Available

1. Introduction -- 2. Accounting is not economic reality -- 3. The accounting process -- 4. Accrual accounting -- 5. Current assets -- 6. Long-term assets -- 7. Current liabilities -- 8. The time value of money: discounting and net present values -- 9. Long-term debt -- 10. Owners' equity -- 11. Cash is king -- 12. Financial statement analysis -- Index.

Accounting is an economic information system, and can be thought of as the language of business. Accounting principles cannot be discovered; they are created, developed, or decreed and are supported or justified by intuition, authority, and acceptability. Managers have alternatives in their accounting choices; the decisions are political, and trade-offs will be made. Accounting information provides individuals, both inside and outside a firm, with a starting point to understand and evaluate the key drivers of a firm, its financial position, and performance. If you are managing a firm, investing in a firm, lending to a firm, or even working for a firm, you should be able to read the firm's financial statements and ask questions based on those statements.This book explains the fundamentals of financial statements. It is designed and meant to explain the language of accounting to nonaccountants (id est, those who hire accountants). After reading this book, you should be able to pick up an annual report, read it, understand much of it, and have a solid foundation to start asking questions about the firm. Hopefully, this book will show you that accounting can be fun and informative.

Also available in printing.

Mode of access: World Wide Web.

System requirements: Adobe Acrobat reader.

Title from PDF title page (viewed on July 15, 2016).

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