11397nam a2200613 i 4500 000665762 MiAaPQ 20200316200113.0 m o d | cr cnu|||||||| 160701t20162016njua o 001 0 eng d NEZPRACOVANÝ IMPORT 9781119245483 9781119245674 (e-book) (MiAaPQ)EBC4556821 (Au-PeEL)EBL4556821 (CaPaEBR)ebr11223046 (CaONFJC)MIL933659 (OCoLC)951978158 HF5635 .T733 2016 657 23 Tracy, John A., author. Accounting for dummies / by John A Tracy. Sixth edition. Hoboken, New Jersey : Wiley & Sons, Inc., 2016. ©2016 1 online resource (411 pages) : illustrations. text rdacontent computer rdamedia online resource rdacarrier For Dummies Includes index. "Learning Made Easy"--Cover. Description based on print version record. Electronic reproduction. Ann Arbor, MI : ProQuest, 2016. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries. Intro -- Title Page -- Copyright Page -- Table of Contents -- Introduction -- About This Book -- Foolish Assumptions -- Icons Used in This Book -- Beyond the Book -- Where to Go from Here -- Part 1 Opening the Books on Accounting -- Chapter 1 Accounting Spoken Here -- Checking Your Preconceptions about Accounting -- Thinking about where assets come from -- Asking about profit -- Sorting out stereotypes of accountants -- Providing Vital Financial Information -- Recognizing users of accounting information -- Using accounting in your personal financial life -- Seeing accounting at work -- Taking a Peek behind the Scenes -- Focusing on Transactions -- Separating basic types of transactions -- Knowing who's on the other side of transactions -- Recording events -- Taking the Financial Pulse of a Business -- Meeting the balance sheet (statement of financial condition) -- Reporting profit and loss -- Reporting cash flows and changes in owners' equity -- Remembering management's role -- Mapping Accounting Careers -- Certified public accountant (CPA) -- Moving up in management -- Looking at the controller: The chief accountant in an organization -- Moving on to other careers -- Chapter 2 Introducing Financial Statements -- Setting the Stage for Financial Statements -- Offering a few preliminary comments about financial statements -- Looking at other aspects of reporting financial statements -- Income Statement -- Presenting the components of the income statement -- Income statement pointers -- Balance Sheet -- Presenting the components of the balance sheet -- Balance sheet pointers -- Statement of Cash Flows -- Presenting the components of the statement of cash flows -- Statement of cash flows pointers -- A Note about the Statement of Changes in Shareowners' Equity -- Gleaning Important Information from Financial Statements -- How's profit performance?. Chapter 5 Reporting Profit or Loss in the Income Statement -- Presenting Typical Income Statements -- Looking at businesses that sell products -- Looking at businesses that sell services -- Looking at investment businesses -- Taking Care of Housekeeping Details -- Being an Active Reader -- Deconstructing Profit -- Revenue and expense effects on assets and liabilities -- Comparing three scenarios of profit -- Folding profit into retained earnings -- Pinpointing the Assets and Liabilities Used to Record Revenue and Expenses -- Making sales: Accounts receivable and deferred revenue -- Selling products: Inventory -- Prepaying operating costs: Prepaid expenses -- Fixed assets: depreciation expense -- Unpaid expenses: Accounts payable, accrued expenses payable, and income tax payable -- Reporting Unusual Gains and Losses -- Watching for Misconceptions and Misleading Reports -- Chapter 6 Reporting Financial Condition in the Balance Sheet -- Expanding the Accounting Equation -- Presenting a Proper Balance Sheet -- Doing an initial reading of the balance sheet -- Kicking balance sheets out into the real world -- Judging Liquidity and Solvency -- Current assets and liabilities -- Current and quick ratios -- Understanding That Transactions Drive the Balance Sheet -- Sizing Up Assets and Liabilities -- Sales revenue and accounts receivable -- Cost of goods sold expense and inventory -- Fixed assets and depreciation expense -- Operating expenses and their balance sheet accounts -- Intangible assets and amortization expense -- Debt and interest expense -- Income tax expense and income tax payable -- Net income and cash dividends (if any) -- Financing a Business: Sources of Cash and Capital -- Recognizing the Hodgepodge of Values Reported in a Balance Sheet -- Chapter 7 Reporting Cash Sources and Uses in the Statement of Cash Flows. Is there enough cash? -- Can you trust financial statement numbers? -- Why no cash distribution from profit? -- Keeping in Compliance with Accounting and Financial Reporting Standards -- Looking at who makes the standards -- Knowing about GAAP -- Divorcing public and private companies -- Following the rules and bending the rules -- Chapter 3 Keeping the Books and Guarding the Family Jewels -- Separating the Duties of Bookkeepers and Accountants -- Pedaling through the Bookkeeping Cycle -- Getting to the end of the period -- Finishing up for the period -- Managing Accounting Systems -- Categorizing financial information: The chart of accounts -- Standardize source documents and data entry procedures for recording activities -- Hire competent personnel -- Get involved in end-of-period procedures -- Leave good audit trails -- Keep alert for unusual events and developments -- Design truly useful reports for managers -- Enforce Strong Internal Controls -- Double-Entry Accounting -- Juggling the Books to Conceal Embezzlement and Fraud -- Using Accounting Software in the Cloud and on the Ground -- Chapter 4 Knowing the Accounting Entity -- Being Aware of the Legal Roots of Business Entities -- Securing Capital from Owners -- Contrasting two sources of owners' equity -- Leveraging equity capital with debt -- Incorporating a Business -- Issuing stock shares -- Issuing different classes of stock shares -- Determining the market value of stock shares -- Watching out for dilution of share value -- Recognizing conflicts between stockholders and managers -- Differentiating Partnerships and Limited Liability Companies -- Going It Alone: Sole Proprietorships -- Choosing the Right Legal Structure for Income Tax -- C corporations -- S corporations -- Partnerships and LLCs -- Part 2 Exploring Financial Statements. Meeting the Statement of Cash Flows -- Presenting the direct method -- Opting for the indirect method -- Explaining the Variance between Cash Flow and Net Income -- Accounts receivable change -- Inventory change -- Prepaid expenses change -- Depreciation: Real but noncash expense -- Changes in operating liabilities -- Putting the cash flow pieces together -- Sailing through the Rest of the Statement of Cash Flows -- Understanding investing activities -- Looking at financing activities -- Reading actively -- Pinning Down "Free Cash Flow" -- Limitations of the Statement of Cash Flows -- Chapter 8 Financial Accounting Issues -- Reporting Changes in Owners' Equity -- Recognizing Reasons for Accounting Differences -- Looking at a More Conservative Version of the Company's Income Statement -- Presenting an alternative income statement -- Spotting significant differences -- Explaining the Differences -- Accounts receivable and sales revenue -- Inventory and cost of goods sold expense -- Fixed assets and depreciation expense -- Accrued expenses payable, income tax payable, and expenses -- Wrapping things up -- Calculating Cost of Goods Sold Expense and Inventory Cost -- FIFO (first-in, first-out) -- LIFO (last-in, first-out) -- Recording Depreciation Expense -- Scanning the Revenue and Expense Radar Screen -- Part 3 Reading Financial Reports -- Chapter 9 Getting a Financial Report Ready for Release -- Quickly Reviewing the Theory of Financial Reporting -- Starting with the financial statements -- Keeping in mind the reasons for financial reports -- Recognizing Top Management's Role -- Keeping Current with Financial Accounting and Reporting Standards -- Making Sure Disclosure Is Adequate -- Footnotes: Nettlesome but needed -- Other disclosures in financial reports -- Putting a Spin on the Numbers (Short of Cooking the Books). Part 4 Accounting in Managing a Business. Window dressing: Pumping up the ending cash balance and cash flow -- Smoothing the rough edges off year-to-year profit fluctuations -- Comparing Public and Private Companies -- Reports from publicly owned companies -- Reports from private businesses -- Dealing with Information Overload -- Browsing based on your interests -- Recognizing condensed versions -- Using other sources of business information -- Chapter 10 Reading a Financial Report -- Knowing the Rules of the Game -- Making Investment Choices -- Contrasting Reading Financial Reports of Private Versus Public Businesses -- Using Ratios to Digest Financial Statements -- Gross margin ratio -- Profit ratio -- Earnings per share (EPS), basic and diluted -- Price/earnings (P/E) ratio -- Dividend yield -- Market value, book value, and book value per share -- Return on equity (ROE) ratio -- Current ratio -- Acid-test (quick) ratio -- Return on assets (ROA) ratio and financial leverage gain -- Cash flow ratios - not -- More ratios? -- Frolicking through the Footnotes -- Checking Out the Auditor's Report -- Why audits? -- What's in an auditor's report? -- Discovering fraud, or not -- Chapter 11 Inside Information for Managers Only -- Building on the Foundation of the External Financial Statements -- Seeking out problems and opportunities -- Avoiding information overload -- Gathering Financial Condition Information -- Cash -- Accounts receivable -- Inventory -- Prepaid expenses -- Fixed assets less accumulated depreciation -- Intangible assets -- Accounts payable -- Accrued expenses payable -- Income tax payable -- Interest-bearing debt -- Owners' equity -- Culling Profit Information -- Presenting an income statement for managers -- Calculating cash flow on the back of an envelope -- Managing operating cash flows -- Scrutinizing sales revenue and expenses -- Digging deeper into ROE (return on equity). Accounting. elektronické knihy fd186907 czenas electronic books eczenas Print version: Tracy, John A. Accounting for dummies. Sixth edition. Hoboken, New Jersey : Wiley & Sons, Inc., c2016 xv, 382 pages --For dummies. 9781119245483 2016941497 ProQuest (Firm) --For dummies. https://ebookcentral.proquest.com/lib/vsep/detail.action?docID=4556821 Plný text https://knihovna.vse.cz/zdroje/proquest-ebook-central/?info Informace o práci s e-knihami PQ-OWNED EB NEPOSILAT EB