How to Read Accounting Clarified: 15 User-Friendly Lessons (Small Business Clarified Book 1) Kindle
The purpose of Accounting Clarified: 15 User-Friendly Lessons is to give you an understanding, in simple terms, of key accounting concepts relating to a for-profit business. Each of the lessons is short and concise.Accounting concepts are not something that just accountants need to understand. Students pursuing a business degree, small business owners, and other people that work with numbers need to have at least a basic understanding of the subject.The book is divided into these 15 short lessons: Lesson 1: Accounting EquationLesson 2: Balance SheetLesson 3: Income StatementLesson 4: Statement of Retained EarningsLesson 5: How the Income Statement and Balance Sheet Tie-InLesson 6: Cash Flow StatementLesson 7: Financial Statement RatiosLesson 8: What is GAAP?Lesson 9: Cash Basis vs. Accrual AccountingLesson 10: Historical vs. Pro Forma Financial StatementsLesson 11: Debits and CreditsLesson 12: Inventory and Cost of Goods SoldLesson 13: Depreciation of Fixed AssetsLesson 14: DefinitionsLesson 15: Accounting Software
