This book is a self-study guide written for someone who wishes to teach themselves basic financial accounting. It is based on a course by the same author that has been successfully completed by thousands of students worldwide. It explains concepts in simple language with illustrative examples, provides review questions and quizzes after each chapter and section, and contains two full-length practice exams at the end of the book. This book compares and contrasts US GAAP and IFRS for every topic covered in the book.
From one of the hottest author teams in accounting comes a new edition of the highly-successful Financial Accounting! This edition retains the traditional procedural coverage of the previous editions along with a practical decision-making focus. Anyone who will ever be asked to prepare or use accounting information to make effective decisions will benefit from this best-selling text!
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A clear, easy-to-understand explanation of key financial accounting basics. The world of accounting can be intimidating. Whether you're a manager, business owner, aspiring entrepreneur, or taking a college course in accounting, you'll find yourself need to know the basics...but baffled by complicated accounting books. What if learning accounting could be as simple and fun as running a child's lemonade stand? It can. The Accounting Game presents financial information in a format so simple and so unlike a common accounting textbook, you may forget you're learning skills that will help you get ahead! Using the world of a child's lemonade stand to teach the basics of managing your finances, this book makes a dry subject fun and understandable. As you run your stand, you'll begin to understand and apply financial terms and concepts like assets, liabilities, earnings, inventory and notes payable, plus: Interactive format gives you hands-on experience Color-coded charts and worksheets help you remember key terms Step-by-step process takes you from novice to expert with ease Fun story format speeds retention of essential concepts Designed to apply what you learn to the real world The revolutionary approach of The Accounting Game takes the difficult subjects of accounting and business finance and makes them something you can easily learn, understand, remember and use! Praise for The Accounting Game: "The game approach makes the subject matter most understandable. I highly recommend it to anyone frightened by either numbers or accountants." —John Hernandis, Director of Corporate Communications, American Greetings "Fantastic Learning Tool...Don't let this book title fool you. It is not an oversimplification of accounting and financial principles. It is, however, a serious and very effective examination of a very small but progressively complex business. There are not many books available on the market that make a complex and dry subject understandable and even fun. This book successfully does just that." —Amazon Reviewer
Accounting is essential, and easy to learn. At its most basic, it's simply the grammar of business, giving structure to the way financial information is recorded. It is also the language of finance, providing the vocabulary that you need to work effectively in the business world.The fact is, if you want to manage successfully and really master the art of business, you have to understand financial statements--those documents that summarize the financial results of your business. Accounting Simplified: A Self-Study Guide will help you accomplish this goal easily and quickly.If you are:An investor considering whether to buy, sell or hold securities;A lender evaluating loan requests;A supplier deciding whether to extend credit;A manager trying to determine how to run your business better;you will immediately benefit from this straightforward, no-nonsense book. Using this simple self-study guide, you'll quickly learn how to:Work comfortably with income statements and balance sheets by understanding revenues and expenses; assets, liabilities, and owners equity;Analyse and record transactions and determine how they relate to the financial statements;Close the books in preparation for a new year;Recognize income whether on an accrual basis or a cash basis, and what the difference is;Understand and record prepaid expenses, inventories, and long-lived assets;And much more.Filled with examples and practice exercises you can do at your own pace, in your own time, this practical "how-to" book will lead you to a higher level of business expertise and give you renewed confidence in your daily business tasks.
Available Now! Get the Study Guide designed to ensure your success in Financial Accounting! This study guide is a powerful tool for in classroom use and for preparing for exams. Each chapter of the guide includes study objectives, a chapter review consisting of 20-30 key points, and a demonstration problem linked to study objectives in the textbook. True/false, multiple-choice, and matching questions provide additional practice opportunities. Solutions to the exercises are detailed and therefore provide substantial feedback.
This Seventh Edition incorporates new developments in intermediate accounting. Distinguished by its accuracy, reliability and thoroughness, the text and its integrated teaching/learning supplement package offer professors the resources to tailor their courses to best suit their needs and provide students with a strong background for careers in accounting. Students gain necessary practical experience while simultaneously being exposed to theoretical aspects such as ethics and international issues.
This is a focused book on Financial Accounting for B.Com. students to possess knowledge of the concepts and practices. It also provides exam-oriented problems and solutions. The Present Publication is the Reprint 2022 Edition, authored by CMA M.N. Arora, Dr K.V. Achalapathi, and Dr S. Brinda. The noteworthy features of this book are as follows: • [Student-friendly, Systematic & Intelligible] The subject matter is presented in a student-friendly, systematic & intelligible manner with a focus on the concept and practices of Financial Accounting • [Discussions with Numerical Examples] Every discussion involving a conceptual difficulty is immediately followed by a numerical example • [Charts & Diagrams] have been included in this book to bring to light the finer points of the subject and to make it understandable • [Computerized Accounting] includes solved problems for the benefit of the student • [Theoretical & Numerical Questions] from various examinations have been included in this book • [Objective Type Questions] have been given to serve as self-test by students The contents of the book are as follows: • Financial Accounting o Introduction to Accounting o Accounting Principles – Concepts and Conventions o Journal, Ledger and Trial Balance o Subsidiary Books o Bank Reconciliation Statement o Rectification of Errors o Final Accounts (Financial Statements) o Consignment Accounts o Joint Venture Accounts o Depreciation, Provisions and Reserves • Computerised Accounting o Computer Accounting Lab Practice on Tally
This bestseller has powered the careers of countless professionals. The new edition builds on the book's reputation for comprehensiveness, accuracy, and currency, incorporating all the recent changes to the accounting literature. Updated with the latest developments and standards in the field. The book includes a CD-ROM with an accounting cycle tutorial, a financial statement analysis primer, an annual report database, spreadsheet tools, career resources, and more. It will help readers develop the knowledge- and skills-base they need to succeed as professional accountants.
