Thursday, April 10, 2008

Accounting Demystified - Jeffry R. Haber

Excellent introduction to Accounting. accounting is business language, the success or failure of business is measured in dollars, and dollar are recorded and reported using accounting.This book makes an excellent companion to any standard text, or it can be used as a stand-alone volume.

understanding accounting basics
find errors quickly
prepare accurate financial statements
analyze financial documents
determine the financial health of a business
prepare a financial prospectus for potential investors and lenders

The book uses examples of typical business situations to demonstrate basic financial concepts, including:

The accounting process, Financial statements, Making entries, Accounts payable and accounts receivable, Cashflow statements, Fixed and intangible assets, Inventory
Liabilities, Adjusting and closing entries,
Prepaid expenses, Preparing a bank reconciliation, accounting information systems, Stockholders equity, Ratio analysis

Accounting Demystified by Jeffry R. Haber
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