Accounting

Accounting

Accounting allows you to track how much money comes in and goes out. There is no way to effectively estimate cash flows, raise funds for your business, or determine if you can afford buying new equipment or recruit new employees without accounting. An organization’s chances of properly expanding and maintaining that expansion are slim without good accounting.

Accounting’s final product allows users to create reports that see the organization’s financial activities. The balance sheet and the income statement are the two most useful accounting reports.

“The basic layout of the balance sheet is based on the following formula:
ASSETS = LIABILITIES + NET ASSETS”

Game: Basic Accounting Fresh from the Lemonade Stand

By: Darrell Mullis, Judith Orloff

Publisher: Naperville, Ill : Sourcebooks, 2008

Edition: Print book : English : 2nd ed

Summary: The Accounting Game presents financial information in a format so simple and so unlike a common accounting textbook, you may forget you’re learning key skills that will help you get ahead!

Accounting For Non-Accountant. The Fast and Easy Way to Learn the Basics

By: Wayne A. Label

Publisher: Naperville, Ill. : Sourcebooks, ©2006

Summary: Accounting for Non-Accountants is the perfect accounting guide for anyone who has never taken an accounting class, and has no idea what a balance sheet, income statement, or statement of cash flow is.

Basic Accounting

By: Rajni Sofat

Publisher:: Dehli PHI Learning Private Limited 2016

Edition: Third edition, Eastern economy edition

Summary: An understanding of the basic accounting is a must for all professionals whether they are associated with accounting or non-accounting jobs.

Accounting for non-accountants

By: David Horner

Publisher: London ; New York : KoganPage, [2015]

Summary: Designed for non-specialists with little or no background in accounting, it guides readers through the maze of financial terms and accounting concepts and techniques in a meaningful and easy-to-follow style.