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Accounting Demystified is designed to simplify the complexities of accounting for individuals without a background in the field. Authored by Jeffry R. Haber, a Certified Public Accountant and financial consultant, the book breaks down fundamental accounting concepts using clear explanations and practical examples. Topics covered include:
The accounting process
Financial statements
Making journal entries
Accounts payable and receivable
Cash flow statements
Assets (both fixed and intangible)
Inventory management
Liabilities
Adjusting and closing entries
Prepaid expenses
Bank reconciliations
Accounting information systems
Stockholders' equity
Ratio analysis
The book employs a step-by-step approach, making it accessible for beginners and those seeking to refresh their accounting knowledge. It's particularly useful for small business owners, entrepreneurs, and students.
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Publishing Year: 2003
ISBN: 978-0814407905
Pages: 192