Accounting Unveiled
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Accounting Unveiled

Accounting Unveiled


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About the Book

Whether you're a CEO steering the ship, a COO optimizing operations, a field manager leading remote teams, a project manager orchestrating complex initiatives, or a day-to-day task manager ensuring smooth workflows, the common thread is the need for sound financial acumen.

"Accounting Unveiled" serves as the ultimate guide for busy professionals who recognize the importance of financial literacy but find themselves pressed for time. Tailored for a diverse range of managerial roles, this concise yet comprehensive book empowers managers with the knowledge they need to navigate the intricate landscape of accounting.

Managers wear many hats, juggling responsibilities and making critical decisions that impact the bottom line. However, diving into the complexities of accounting may seem daunting. This book is designed to be the manager's go-to resource, providing a straightforward and accessible overview of essential accounting principles.

From understanding financial statements to grasping budgeting and cost analysis, "Accounting Unveiled" distills the essentials without overwhelming the reader. The book recognizes that managers may delegate accounting tasks to consultants or accountants, but it emphasizes the importance of managers having a foundational understanding.

The material is presented in a clear, no-nonsense manner, focusing on practical applications rather than theoretical concepts. Real-world examples and case studies help managers relate accounting principles to their day-to-day decision-making processes. The goal is not to turn managers into accountants, but to equip them with the knowledge to interpret financial information, ask informed questions, and make strategic decisions that contribute to the overall success of their organizations.

In a rapidly changing business environment, "Accounting unveiled" is the indispensable resource for leaders who want to enhance their financial intelligence without sacrificing precious time. With this book in hand, managers can confidently navigate the financial aspects of their roles, ensuring that their decisions are grounded in a solid understanding of accounting principles.

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NOTE:
A typical financial statement contains the following:

  1. Income Statement (Profit and Loss Statement):

    • Revenue (Sales)
    • Cost of Goods Sold (COGS)
    • Gross Profit
    • Operating Expenses
      • Selling, General, and Administrative Expenses (SG&A)
    • Operating Income (or Loss)
    • Other Income and Expenses
    • Net Income (or Loss)
  2. Balance Sheet:

    • Assets
      • Current Assets
        • Cash and Cash Equivalents
        • Accounts Receivable
        • Inventory
        • Prepaid Expenses
      • Non-current Assets
        • Property, Plant, and Equipment (PPE)
        • Intangible Assets
        • Investments
        • Other Assets
    • Liabilities
      • Current Liabilities
        • Accounts Payable
        • Short-term Debt
        • Accrued Liabilities
      • Non-current Liabilities
        • Long-term Debt
        • Deferred Tax Liabilities
        • Other Long-term Liabilities
    • Equity
      • Common Stock
      • Retained Earnings
      • Additional Paid-in Capital
      • Treasury Stock
  3. Cash Flow Statement:

    • Operating Activities
      • Cash from Operating Activities
    • Investing Activities
      • Cash from Investing Activities
    • Financing Activities
      • Cash from Financing Activities
    • Net Change in Cash
    • Beginning Cash Balance
    • Ending Cash Balance

This book will help you understand accounting easily.


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Product Details
  • ISBN-13: 9798878632386
  • Publisher: Amazon Digital Services LLC - Kdp
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Sub Title: THE ESSENTIAL TEXTBOOK FOR MANAGERS, INVESTORS, AND CEOS A Comprehensive Guide for Beginners Navigating the World of Finance 2024
  • Width: 216 mm
  • ISBN-10: 8878632384
  • Publisher Date: 05 Feb 2024
  • Height: 279 mm
  • No of Pages: 256
  • Spine Width: 14 mm
  • Weight: 652 gr


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