Description
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. Introduction 1 Part 1: Opening the Books on Accounting 5 Chapter 1: Accounting in Today’s New Economy 7 Chapter 2: Introducing Financial Statements 29 Chapter 3: Safeguarding Company Assets 53 Chapter 4: Accounting in the Digital Age 75 Chapter 5: Recognizing the Legal and Accounting Entity 89 Part 2: Exploring Financial Statements 109 Chapter 6: Reporting Profit or Loss in the Income Statement 111 Chapter 7: Reporting Financial Condition in the Balance Sheet 137 Chapter 8: Reporting Cash Sources and Uses in the Statement of Cash Flows 161 Chapter 9: Financial Accounting Issues 183 Part 3: Understanding Financial Reports, Financial Statements, and Financial Information 207 Chapter 10: Producing Financial Reports 209 Chapter 11: Deciphering a Financial Report 231 Chapter 12: Analyzing Financial Information with Ratios 245 Chapter 13: Generating Internal Financial Information for Management Use 267 Chapter 14: Applying Wall Street’s Tricks and Treats to Engineer Financial Results 289 Part 4: Leveraging Accounting in Managing a Business 301 Chapter 15: Analyzing Profit 303 Chapter 16: Accounting for Costs 325 Chapter 17: Preparing Best-in-Class Forecasts, Projections, and Budgets 347 Chapter 18: Capitalizing a Business: How, When, Why, and What 369 Part 5: The Part of Tens 397 Chapter 19: Ten Tips for Managers 399 Chapter 20: Ten Tips for Reading a Financial Report 409 Index 419
