Mastering Financial Accounting Essentials

An indispensable hands-on guide to financial accounting In light of recent accounting scandals, it is critical that allfinancial practitioners understand and play by the rules of theaccounting field. Starting from the assumption that the reader isnot familiar with any accounting jargon, Mastering FinancialAccounting Essentials presents material in a way that explainsthe key features of modern accounting step by step and helps youdevelop an intuitive understanding of accounting. Each chapterpresents important accounting concepts, from inventory valuationmethods and the timing of erosion of productive assets to howinternal managers calculate ratios and trends to evaluate businessefficiency. For those who need to understand the language and law of thisdiscipline in order to communicate effectively with accountants andclients, Mastering Financial Accounting Essentials will bean indispensable guide.