Synopses & Reviews
Financial accounting from the perspective of the person who will be using the data. This book shows the accountant how to effectively record, summarize, and report financial information. It discusses accounting in a manufacturing environment and further expands on the complexities of accrual based accounting.
Table of Contents
Overview of Corporate Financial Reporting.
Basic Accounting Systems: Retail Companies.
Dual Entry Accounting Systems: Manufacturing Companies.
Revenue Recognition.
Cash Flow Statement.
Statement Format and Consolidated Statements.
Financial Statement Analysis.
Cash, Accounts Receivable, and Marketable Securities.
Inventory.
Noncurrent Assets.
Liabilities.
Long-Term Liabilities.
Owners' Equity.
Appendices.