en
John A.Tracy,Jane Kelly

Accounting Workbook For Dummies

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Want to become an accountant? Own a small business but need help balancing your books? Worried about managing your finances under the cloud of the recession? This hands-on workbook gets you up to speed with the basics of business accounting, including reading financial reports, establishing budgets, controlling cash flow, and making wise financial decisions. The question and answer sections encourage you to find your own solutions to challenging accounting problems – and there's plenty of space to scribble your workings out! Accounting Workbook For Dummies is the only book that makes truly light work of the financial fundamentals that many businesspeople try to bluff their way through every day. Accounting Workbook For Dummies, UK Edition covers:
Part I: Business Accounting Basics  Chapter 1: Elements of Business Accounting  Chapter 2: Financial Effects of Transactions  Chapter 3: Getting Started in the Bookkeeping Cycle  Chapter 4: The Bookkeeping Cycle: Adjusting and Closing Entries
Part II: Preparing Financial Statements  Chapter 5: The Effects and Reporting of Profit  Chapter 6: Reporting Financial Condition in the Balance Sheet  Chapter 7: Coupling the Profit & Loss Statement and Balance Sheet  Chapter 8: Reporting Cash Flows and Changes in Owners' Equity  Chapter 9: Choosing Accounting Methods
Part III: Managerial, Manufacturing, and Capital Accounting  Chapter 10: Analysing Profit Behavior  Chapter 11: Manufacturing Cost Accounting  Chapter 12: Figuring Out Interest and Return on Investment
Part IV: The Part of Tens  Chapter 13: Ten Things You Should Know About Business Financial Statements  Chapter 14: A Ten-Point Checklist for Management Accountants
Main changes in the UK edition include:
UK Accounting practice Currency UK institutions – Inland Revenue and Customs and Excise etc National Insurance, PAYE UK taxation and VAT Partnerships and Limited company information UK legal practice UK specific forms UK specific case studies
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