Accounting For Dummies by John A. Tracy CPA

No critic rating

Waiting for minimum critic reviews

See Reader Rating


Whether you’re a small business owner or just want to understand your 401(k) statements, a basic understanding of accounting practices is important for anyone who handles money. Knowing how to balance the books and stay in the black is vital for keeping a business afloat or keeping your checkbook balanced.

If you need to keep the books in order, this new edition of Accounting For Dummies helps you get a handle on all those columns of numbers. It offers fully up-to-date coverage of accounting basics and includes all the tools and tips you need to:Make sense of bookkeeping basicsRead a financial statementManage budgets for a better bottom lineAnalyze business strengths and weaknessesEvaluate accounting methods and business structures

John Tracy, Certified Public Accountant and former professor of accounting, presents everything you need to know to master modern accounting. Packed with practical guidance and real-world scenarios, this handy guide covers it all:Making and reporting profitReporting a company’s financial conditionPreparing financial reportsBudgeting profit and cash flowChoosing and implementing accounting methodsHow to read a financial reportAudits, accounting fraud, and audit failureHow to decipher accounting jargonAnd savvy ways businesses use accounting

From balance sheets, to income statements, to inventory, almost every aspect of modern business requires basic accounting techniques. You’ll learn it all here. Plus, this new edition covers the impact of the Sarbanes-Oxley Act of 2002, recent accounting fraud scandals, the establishment of the Public Company Accounting Oversight Board, and the new financial reporting standards for stock options and financial derivatives.


About John A. Tracy CPA

See more books from this Author
John A. Tracy, CPA, a former staff accountant at Ernst & Young, taught accounting at the University of Colorado for many years. His other books include the 250,000 copy bestseller, How to Read a Financial Report.
Published December 17, 2004 by For Dummies. 408 pages
Genres: Education & Reference, Professional & Technical. Non-fiction

Reader Rating for Accounting For Dummies

An aggregated and normalized score based on 8 user ratings from iDreamBooks & iTunes

Rate this book!

Add Review