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About The Book
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<p><strong style=color: rgba(51 51 51 1)>This book contains Chapter Summaries and Solutions to Practice Exercises. It covers aspects of financial accounting and managerial accounting as well as the following concepts:</strong></p><p><strong style=color: rgba(51 51 51 1)>��� </strong><strong>Financial Accounting Terms and Concepts</strong></p><p><strong style=color: rgba(51 51 51 1)>��� </strong><strong>Need nature and purpose of Financial Statements</strong></p><p><strong style=color: rgba(51 51 51 1)>��� </strong><strong>Audience of Financial Statements&nbsp;</strong></p><p><strong style=color: rgba(51 51 51 1)>��� </strong><strong>Balance Sheet&nbsp;</strong></p><p><strong style=color: rgba(51 51 51 1)>��� </strong><strong>Income Statement</strong></p><p><strong style=color: rgba(51 51 51 1)>��� </strong><strong>Statement of Cash Flows</strong></p><p><br></p><p><strong style=color: rgba(51 51 51 1)>Financial Accounting Essentials You Always Wanted To Know: 4th Edition </strong><span style=color: rgba(51 51 51 1)>prepares new managers and leaders with the foundation to </span>understand financial accounting a critical tool to document finances to shareholders government tax authorities and other critical parts of the business ecosystem. The chapters follow in a logical flow to describe the key components of financial accounting including:&nbsp;</p><p><span style=color: rgba(51 51 51 1)>���</span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Why are financial accounting systems necessary?</p><p><span style=color: rgba(51 51 51 1)>���</span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial accounting systems and terms&nbsp;</p><p><span style=color: rgba(51 51 51 1)>���</span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Balance Sheet</p><p><span style=color: rgba(51 51 51 1)>���</span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Income Statement&nbsp;</p><p><span style=color: rgba(51 51 51 1)>���</span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Statement of Cash Flows</p><p><br></p><p><span style=color: rgba(51 51 51 1)>Each chapter provides clear examples of the financial accounting tools and includes practice examples to help train the reader in the</span></p><p><span style=color: rgba(51 51 51 1)>usage of these critical tools.&nbsp;</span></p><p><br></p><p><strong style=color: rgba(51 51 51 1)>About the Series</strong></p><p><span style=color: rgba(51 51 51 1)>The Self-Learning Management Series is designed to help students new managers career switchers and entrepreneurs learn essential management lessons. This series has marketing books management books accounting books and more that have been designed to address every aspect of business across every industry.&nbsp; Each book includes basic fundamentals important concepts standard and well-known principles and practical ways of application of the subject matter. The distinctiveness of the series lies in that all the relevant information is bundled in a compact form that is very easy to interpret.</span></p>