Accounting: The Ultimate Guide to Accounting Principles (The Ultimate Guide to Financial Accounting for Beginners Including How to Create)

The ability to negotiate a deal. Confidence to oversee staff. Complete and accurate monitoring of expenses.This bestselling series is packed with hundreds of entertaining tidbits and concepts that can’t be found anywhere else. From hiring and firing to strategizing and calculating revenues, these guides can help you learn core business and career concepts—no mba required! So whether you’re a new business owner, a manager, or entry-level employee, this series has the answers you need to conduct business more efficiently.Inside, you’ll discover:•The basics of financial and managerial accounting explained in plain english•How to record transactions, track expenses, and manage cash flow with confidence•The difference between financial, managerial, and small business accounting—and when to use each•How to easily read and prepare the three key financial statements: balance sheet, income statement, and cash flow statement•Simple tips to avoid common beginner mistakes that cost businesses money•Practical guidance on taxes, budgeting, and financial planning so you can make smarter decisionsAccounting is a crucial part of any successful business as it records all profits, losses, credits, and debts and tells you the state of a business. In an economy where labor-driven jobs are disappearing faster than ever before, it is essential to know the concepts of accounting so you can succeed in your own business or in your career by increasing the profits in the company you work for.