Adu Series -- Managerial Accounting Classroom

Author: (USA) Tracy (Tracy, J.A.) Author, Zhang Yijing Translator
Publisher:
Publishing Time: Not Available
Features: This is an absolute truth: Managers must have a good understanding of their company's accounting methods and how profits and losses are recorded and financial conditions are reflected. Of course, people who understand accounting basics are not just corporate managers. Investors rely on accounting reports (financial statements) to make investment decisions: If they have a basic grasp of accounting, taxpayers will have a better understanding of income tax; and as individuals, if they have basic accounting concepts, they can better manage savings and retirement plans. This book starts from the perspective of non-accounting professionals, first guiding readers to recognize the basic elements of corporate accounting and learn to read corporate financial statements. On this basis, it analyzes the "difficulties" involving accounting knowledge in corporate management one by one. Then, from the investor's standpoint, it guides readers on how to read corporate financial reports, evaluate accounting methods, and recognize accounting fraud. Finally, it summarizes ten accounting usage methods for managers and ten questions rational investors should ask when reading financial reports.