Description
It’s an essential guide for people starting a business, trainee accountants and non-accountants seeking to gain insight of accounting principles. It demystifies the jargon and technical terms for an everyman audience: Areas covered include: * Bookkeeping Basics * Business Structure * Setting Up/Buying a Business * Accounting Equation * What is Accounting? * Principles, Risk and Internal Control * Bookkeeping * Is it a Debit or a Credit? * Financial Statements * Balance Sheet * Profit & Loss Account * Fixed Assets * Debtors * Stock * Bank/Loans/Overdrafts * Petty Cash * Creditors * VAT * Taxation * Leases * Sales * Purchases/Procurement * Wages & Payroll/PAYE/PRSI * Nominal Ledger and Journals * Chart of Accounts * Budgeting * Reporting * Business Analysis * Working Capital * Preparation of Accounts/Audit
