Find all of the following explained in Plain-English with no technical jargon: The Accounting Equation and why it's so significant How to read and prepare financial statements How to calculate and interpret several different financial ratios The concepts and assumptions behind Generally Accepted Accounting Principles (GAAP) Preparing journal entries with debits and credits Cash method vs. accrual method Inventory and Cost of Goods Sold How to calculate depreciation and amortization expenses
A complete appraisal of analytical tools available to managers to assess performance Business Ratios and Formulas, with nearly 250 operational criteria and clear, easy-to-understand explanations that can be used right away. The Third Edition includes twenty new measurements, an Appendix including a dictionary of accounting and finance terms and a thorough list of every ratio and formula.
This best-selling dictionary includes more than 3,800 entries covering all aspects of accounting, including financial accounting, financial reporting, management accounting, taxation, auditing, corporate finance, and accounting bodies and institutions.