Accounting for Canadians for Dummies (Paperback, 4)

Introduction 1

Part 1: Opening the Books on Accounting 5

Chapter 1: Accounting in Today’s Economy 7

Chapter 2: Introducing Financial Statements 25

Chapter 3: Bookkeeping and Accounting Systems 49

Chapter 4: Accounting in the Digital Age 71

Chapter 5: Deciding the Legal Structure for a Business 85

Part 2: Exploring Financial Statements 101

Chapter 6: Reporting Profit or Loss in the Income Statement 103

Chapter 7: Reporting Financial Condition on the Balance Sheet 125

Chapter 8: Reporting Cash Flows 149

Chapter 9: Choosing Accounting Methods 167

Part 3: Understanding Financial Reports, Financial Statements, and Financial Information 189

Chapter 10: Producing Financial Reports 191

Chapter 11: Deciphering a Financial Report 213

Chapter 12: Analyzing Financial Information with Ratios 227

Chapter 13: Generating Internal Financial Information for Management Use 249

Chapter 14: Applying Tricks and Treats to Engineer Financial Results 271

Part 4: Leveraging Accounting in Managing a Business 281

Chapter 15: Analyzing Profit 283

Chapter 16: Accounting for Costs 305

Chapter 17: Preparing Forecasts, Projections, and Budgets 329

Part 5: The Part of Tens 349

Chapter 18: Ten Tips for Managers 351

Chapter 19: Ten Tips for Reading a Financial Report 361

Index 371