Read e-book online Accounting Made Simple: Accounting Explained in 100 Pages or PDF

By Mike Piper

ISBN-10: 0981454224

ISBN-13: 9780981454221

Locate the entire following defined in Plain-English with out technical jargon:
The Accounting Equation and why it's so significant
How to learn and get ready monetary statements
How to calculate and interpret numerous diversified monetary ratios
The techniques and assumptions at the back of commonly approved Accounting ideas (GAAP)
Preparing magazine entries with debits and credits
Cash process vs. accrual method
Inventory and price of products Sold
How to calculate depreciation and amortization costs

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Additional info for Accounting Made Simple: Accounting Explained in 100 Pages or Less

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Fraud auditors look behind and beyond the transactions and audit trail to focus on the substance of the transactions instead. The fraud auditor doesn’t question how the accounting system and internal controls stack up against applicable standards but rather: n n n n n n Where are the weakest links in this system’s chain of controls? What deviations from conventional good accounting practices are possible in this system? How are off-line transactions handled, and who can authorize such transactions?

Org, last accessed September 11, 2009. 5. Some of the information in this section comes from Dr. Robert E. htm, last accessed January 13, 2006. 6. html, last accessed April 26, 2010. 7. htm. 8. David R. Frazier and L. Scott Spradling, ‘‘The New SAS No. 78,’’ The CPA Journal, May 1996. 9. According to the ACFE 2004 Report to the Nation, the number one method of detection is tip and the number three method is accident. 10. ACFE, RTTN, 1996, 2002, 2004, 2006, and 2008. 2 CHAPTER TWO Fraud Principles INTRODUCTION Fraud has several potentially ambiguous definitions, and is categorized in various ways.

Htm, last accessed September 11, 2009. 2. htm, last accessed August 31, 2009. 3. htm#1, last accessed September 11, 2009. 4. org, last accessed September 11, 2009. 5. Some of the information in this section comes from Dr. Robert E. htm, last accessed January 13, 2006. 6. html, last accessed April 26, 2010. 7. htm. 8. David R. Frazier and L. Scott Spradling, ‘‘The New SAS No. 78,’’ The CPA Journal, May 1996. 9. According to the ACFE 2004 Report to the Nation, the number one method of detection is tip and the number three method is accident.

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Accounting Made Simple: Accounting Explained in 100 Pages or Less by Mike Piper


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