Accounting for Dummies - Paperback

by John A. Tracy (Author), Tage C. Tracy (Author)

Demystify your financial statements and figure out what your accountant is talking about with this straightforward roadmap to the world of accounting

Few skills are as useful as a basic understanding of accounting language. And with the right resources, learning the language of business can be intuitive, empowering, and fun.

Accounting For Dummies is the perfect place to start, whether you're operating a small business, just need help managing the family budget, or you're a rising star in corporate America. It's a financial blueprint for the everyday person, easy-to-understand, and full of practical advice.

You'll learn the basic ABC's of accounting, how to read and understand financial statements, create best in class budgets & forecasts, craft profitable business plans, take control of your own finances, gain insight on how companies get money from investors and banks, and avoid common money mistakes that trip up even the best of us. You'll also find out how to:

• Diagnose the financial health of your business and make a realistic plan to grow your company
• Improve your own or your family's money situation with sound financial planning and understanding
• Understand each of the three basic financial statements and what they say about a company's past, present, and future
• Enhance your knowledge of how accounting functions and operates in today's digital age and cloud-based world

As a useful tool for business or as a guide to your personal finances, nothing compares to accounting mastery. And once you've nailed the basics, you'll wonder how you ever lived without this universal and beautiful language.

Back Jacket

Demystify your debits and credits

Accounting For Dummies is your need-to-read guide to understanding financial statements, reports, budgets, forecasts, and business plans. You'll discover how to make sense of the "language of business" as you move through the easy-to-understand and practical advice contained here. Perfect for new accounting students, small business owners, or the just-plain-curious, this book has what you need to go from accounting newbie to master number cruncher. It's the best starting point for anyone trying to get a handle on the fundamentals of accounting.

Inside...

• Understand financial statements
• Interpret financial reports
• Create forecasts and projections
• Draft realistic budgets
• Diagnose financial problems
• Generate financial details for business managers
• Get a handle on financial ratios
• Identify and secure capital for your business

Author Biography

John A. Tracy, CPA, is an award-winning professor emeritus of accounting at the University of Colorado at Boulder. He has authored The Fast Forward MBA in Finance, 2nd Edition, and Accounting Workbook For Dummies.

Tage C. Tracy, CPA, operates a financial consulting firm focused on offering CFO support and planning services to private companies. He is the author of Business Financial Information Secrets and has coauthored several For Dummies titles.