Excerpt for Financial Accounting Essentials You Always Wanted To Know by Vibrant Publishers, available in its entirety at Smashwords

Financial Accounting

Essentials You Always Wanted To Know

Self-Learning Management Series

By Kalpesh Ashar




Smashwords Edition © 2011, By Kalpesh Ashar

Published By: http://www.vibrantpublishers.com


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About the Author



Kalpesh Ashar, a management consultant and corporate trainer holds an M.B.A. (Dean's Award Winner) from S.P. Jain Institute of Management & Research, one of Asia’s top B-Schools, and an Engineering degree with Honours in Electronics. He has over 13 years of experience in large corporations and start-ups in Asia, U.S.A and Europe.

Kalpesh has worked in the capacity of Senior Manager and Program Manager and is passionate about writing on management subjects. While mentoring managers and management students, he realized the need for a series of management books based on quick self-learning. He has authored 10 titles in this series that gives a jump start to managers in understanding all aspects of a business. His technology background gives him a good understanding of the management learning needs of non-M.B.A. graduates. Accordingly, he has authored the titles in this series in a simple to understand manner.

Kalpesh conducts corporate trainings in management subjects and also works as a management consultant for growing companies. He is also affiliated with top business schools in India as a visiting faculty. He is well known as a great mentor in the companies he has worked in and has also received “Best Manager” award.




Other titles in Self-Learning Management Series



Marketing Management Essentials

Financial Management Essentials

Financial Accounting Essentials

Organisational Behavior Essentials

Enterpreneurship Essentials

Cost Accounting & Management Essentials

Business Strategies Essentials

Supply Chain Management Essentials

Principles of Management Essentials

Consumer Buyer Behavior Essentials


For updated list visit http://www.vibrantpublishers.com




Table of Contents



Chapter 1. Accounting Systems

Financial Accounting Systems

Need for Financial Accounting Systems

Financial Statements

Purpose of Financial Statements

Financial Accounting Standards

Solved Examples

Practice Exercises


Chapter 2. Overview of Financial Statements

Balance Sheet

Income Statement

Statement of Cash Flows

Notes to the Financial Statements

Miscellaneous Accounting Concepts and Conventions

Solved Examples

Practice Exercises


Chapter 3. The Balance Sheet

Current Assets

Long-term Assets

Current Liabilities

Long-term Liabilities

Stockholders’ Equity

Transaction Analysis & Balance Sheet Creation

Solved Examples

Practice Exercises


Chapter 4. The Income Statement

Measures of Income

Types of Revenues

Types of Expenses

Earnings per Share (EPS) & Diluted EPS

Revenue Recognition

Expense Recognition

Expanded Accounting Equation

Transaction Analysis & Income Statement Creation

Solved Examples

Practice Exercises



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