Understanding the basics of financial accounting can be a tricky task to master. This practical guidebook provides an overview of the fundamental principles in a jargon-free and simple format. Financial Accounting: The Basics provides concise overviews of the key financial accounting topics supplemented by practical examples and exercises to enable readers to test their knowledge and understanding in bite-sized chunks. In empowering students to learn at their own pace, the book enhances course learning to maximise chances of overall success. Topics covered include: The interpretation of financial statements and the accounting equation Processing accounting information Accounting for inventories Non-current assets and depreciation Cash flow statements and analysis With the latest coverage of International Financial Reporting Standards (IFRS) terminology, and separate chapters on cash flow statements and ratio analysis, Ilias Basioudis's text will be valuable reading for new students of accounting.

This text discusses and presents accounting principles and concepts in lay man's terms using simple day-to-day terminologies. Definitions are always amplified by examples familiar to students. The steps in the accounting process are discussed using the same illustration problems from chapter to chapter so that the student can connect the relationship of the steps in the accounting process. Being a basic accounting textbook, the book will provide students with a solid and strong basic accounting knowledge to better equip them to tackle more advanced accounting courses. Accounting, as a field of study is professive; accounting knowledge is learned in stages; what is learned in basic accounting is used and applied in more advanced accounting courses. Consequently, if a student has a weak basic accounting foundation, he will have difficulty succeeding in more advanced accounting courses.

A clear, easy-to-understand explanation of key financial accounting basics. The world of accounting can be intimidating. Whether you're a manager, business owner, aspiring entrepreneur, or taking a college course in accounting, you'll find yourself need to know the basics...but baffled by complicated accounting books. What if learning accounting could be as simple and fun as running a child's lemonade stand? It can. The Accounting Game presents financial information in a format so simple and so unlike a common accounting textbook, you may forget you're learning skills that will help you get ahead! Using the world of a child's lemonade stand to teach the basics of managing your finances, this book makes a dry subject fun and understandable. As you run your stand, you'll begin to understand and apply financial terms and concepts like assets, liabilities, earnings, inventory and notes payable, plus: Interactive format gives you hands-on experience Color-coded charts and worksheets help you remember key terms Step-by-step process takes you from novice to expert with ease Fun story format speeds retention of essential concepts Designed to apply what you learn to the real world The revolutionary approach of The Accounting Game takes the difficult subjects of accounting and business finance and makes them something you can easily learn, understand, remember and use! Praise for The Accounting Game: "The game approach makes the subject matter most understandable. I highly recommend it to anyone frightened by either numbers or accountants." —John Hernandis, Director of Corporate Communications, American Greetings "Fantastic Learning Tool...Don't let this book title fool you. It is not an oversimplification of accounting and financial principles. It is, however, a serious and very effective examination of a very small but progressively complex business. There are not many books available on the market that make a complex and dry subject understandable and even fun. This book successfully does just that." —Amazon Reviewer

A Quick, Compact, and Easy-to-Understand Resource for Non-Accountants! The perfect financial accounting guide for beginners! Accounting for Non-Accountants is the must-have guide for all of us who have never taken an accounting class, are mystified by accounting jargon, and have no clue about balance sheets, income statements, payroll management, corporate taxes, or statements of cash flows. This simple to use accounting book is bookmaking made simple. Whether you own a business, plan on starting one, or just want to control your own assets, you'll find everything you need to know: How to prepare and use financial statements How to control cash flows How to manage budgets How to use accounting ratios How to deal with audits and auditors interpret financial statements Let this book help you like it helped these readers: "Dr. Labels explanations are simple and straightforward. " "This will help me a lot as I set up my own business. " "I have worked in accounting for over twenty-five years, and this is the best book I have seen to help people with the basics of accounting." For entrepreneurs or anyone who needs to brush up on accounting fast, this book will have you up and running in no time.

Accounting Basics: Study Guide is probably the most comprehensive basic accounting theory book in existence today. And with its concise and clear explanations and 130 diagrams and images to bring the subject to life, it is also the simplest. It is quite simply the perfect guidebook and study aide for the accounting student. And while Accounting Basics: Study Guide has been tailor made for both high school and college students, it is also very handy for working professionals who need to brush up on all the basic accounting concepts and practices. Using this book you will: Fully understand the double-entry system of accounting (i.e. why one debits one thing and credits another) Learn the connection between the basic accounting equation and every single accounting entry you will ever make No longer need to memorize debits and credits (you'll jump your grades at the same time) Learn the format for T-accounts, the trial balance and all the financial statements Fully grasp inventory, the cost of goods sold formula and manufacturing businesses Master depreciation, doubtful debts and closing (year-end) entries And much, much more... Also available in this series: Accounting Basics: Workbook -The companion workbook, containing 88 questions and exercises, which correspond to all of the lessons and chapters in the Study Guide. Accounting Basics: Dictionary - The companion dictionary in the Accounting Basics series, with over 300 accounting and business terms defined. Accounting Basics: Complete Guide - A compilation of the Study Guide, Workbook and Dictionary in a single Accounting Basics publication.

Accounting Basics: Complete Guide is the compilation e-book of the Accounting Basics series, containing the Study Guide (Volume 1), Workbook (Volume 2) and Dictionary (Volume 3) — all in a single publication. This highly-rated, 360-page guidebook includes: - 60 accounting lessons with clear explanations and examples, - 88 questions and exercises to test your understanding as you move along, - Over 130 tables, diagrams and images to bring the subject to life, and - An accounting dictionary with over 300 accounting and business terms defined. Using this book you will: - No longer need to memorize debits and credits (you’ll jump your grades at the same time), - Learn the connection between the basic accounting equation and every accounting entry you will ever make, - Fully understand the double-entry system of accounting and journal entries, - Learn the format for T-accounts, the trial balance and the financial statements, - Fully grasp inventory, the cost of goods sold formula and manufacturing businesses, - Know depreciation, provisions and bad debts like the back of your hand, - Master closing (year-end) entries, prepaid income and expenses, and bank reconciliations, - And more… Also available in this series (you can purchase these on their own instead of the Complete Guide): 1) Accounting Basics: Study Guide (Volume 1 in the series) — A comprehensive theory book on basic accounting concepts and practices. 2) Accounting Basics: Workbook (Volume 2 in the series) — The companion workbook, containing over 88 questions and exercises, which correspond to all of the lessons and chapters in the Study Guide. 3) Accounting Basics: Dictionary (Volume 3 in the series) — The companion dictionary in the Accounting Basics series, with over 300 accounting and business terms defined. The Accounting Basics series teaches the subject in a simple, clear and comprehensive way. And though written primarily for high school and college students, the books are also very handy for working professionals looking to brush up on basic accounting concepts and practices. Our materials are used at institutions across the country, such as: - The Kansas Department of Revenue (Audit Services), - The Southern Regional Education Board and the State of Kentucky (SREB’s Advanced Career project for high school students – used across 9 states), - Schools and colleges like Mount Saint Vincent College (NY), Western Colorado Community College (OFAD Quickbooks Accounting), Advanced Technology Institute (VA) and Benedictine College Preparatory (VA). Companion website: Our companion website, www.accounting-basics-for-students.com, provides free accounting information to thousands of students around the world. Feel free to browse the site and try out the additional exercises and examples available there. Educational professionals: If you’re considering our materials for any of your classes or programs, please reach out to us on our website with your details and we’ll send you a sample copy of one of our books. Contact the author: If you have any questions for the author (about the books or anything else), you can contact him through the website above. And finally, if you purchase any of our books and have a good experience, feel free to leave us a 5-star review! Thank you very much!

A Little Accounting is a story book of basic accounting entries, terminology and concepts with big bright pictures.

The authors employ a unique teaching method that begins with the first phase of the accounting process, the journal entry, and immediately skips to the last phase, the trial balance, purposely omitting journals and ledgers. Then, when journals and legers are taught the student understands journals and ledgers are merely devices to enable the numbers to go from the first phase to the last phase. In this manner the student understands the theory of accounting. Basic Accounting Simplified offers real-world examples in the form of sixteen business transactions that are thoroughly examined, illustrated, and explained from various perspectives. In addition, tables, charts, and diagrams combine with consistently clear, direct language to create a complete set of accounting books. Basic Accounting Simplified also discusses and explains how to prepare financial statements. "Where was this book when I was in school studying accounting?" asks nationally renowned tax expert and lecturer Sidney Kess, CPA, JD, LLM. "It really is basic accounting simplified." AWARDS: Gold Award ~ best in Education/Academic/Teaching, Gold Award ~ best in Finance/Investment/Economics, Silver Award winner in Writing/Publishing category. ~~2011 eLit Awards for Digital Publishing Excellence

Accounting Basics: Workbook is the companion book of questions and exercises in the Accounting Basics series of publications. The book contains 88 questions and exercises, all of which correspond to the lessons and chapters in the Accounting Basics: Study Guide. The Accounting Basics series, which this book is part of, is quite possibly the simplest and most comprehensive series of basic accounting publications in existence today, helping accounting students around the world excel at their studies. And while the Accounting Basics series has been tailor made for both high school and college students, it is also very handy for working professionals who need to brush up on all the basic accounting concepts and practices. Using this workbook you will be able to practice: Recording transactions (journal entries), Formatting and balancing T-accounts, Drawing up a trial balance, Putting together the financial statements, Creating cash flow statements, Recording inventory as well as transactions for manufacturing businesses, Calculating and recording depreciation, doubtful debts and closing (year-end) entries, And much, much more... Also available in this series: Accounting Basics: Study Guide -The companion theory book, with lessons and chapters corresponding to all of the questions and exercises in this workbook. Accounting Basics: Dictionary - The companion dictionary in the Accounting Basics series, with over 300 accounting and business terms defined. Accounting Basics: Complete Guide - A compilation of the Study Guide, Workbook and Dictionary in a single Accounting Basics publication.