Financial Accounting Essentials You Always Wanted to Know: 5th Edition

Pages: 130 pages

Paperback (ISBN): 9781949395327

eBook (ISBN): 9781949395334

Hardback (Color): 9781636510996

Trim Size: 5.5” x 8.5”

Category: Business & Economics

Author: Kalpesh Ashar

A simple guide to understanding complex financial statements.Financial Accounting Essentials You Always Wanted to Know is back with a new and updated 5th edition! This edition includes two new chapters on the Accounting Cycle. It is a starter pack for new managers and leaders who require a foundational understanding of financial accounting terms and who need to understand why preparing a financial statement is so necessary. After reading this book, managers will be equipped with the critical tools to document finances for shareholders and prepare financial statements for their organization

This book will help one to:

• Understand why financial accounting systems are necessary
• Learn financial accounting systems and terms
• Explore the importance of a Financial Statement
• Learn about the concept of Balance Sheet
• Understand what is an Income Statement
• Learn how to create a Statement of Cash Flows

This 5th Edition contains two new chapters on:

• Accounting Cycle
• End of Accounting Cycle

Each chapter provides clear examples of the financial accounting tools and includes practice examples to help train the reader in the usage of these critical tools.

Kalpesh Ashar is a management consultant and corporate trainer holding an MBA (Dean’s Award Winner) from SPJIMR, one of Asia’s top business schools, and an Engineering degree with honors in Electronics. He has over 24 years of experience in large organizations and start-ups in Asia, USA, and Europe.Kalpesh has worked in several project management roles, like Senior Project Manager, Delivery Manager, and Program Manager. He is passionate about writing on management subjects. His techno-business background gives him a unique position to write on management topics that are easy to understand for non-MBA graduates. His books are authored in a simple to understand manner without unnecessary use of management jargons.

The Self-Learning Management Series is designed to help students, new managers, career switchers, and entrepreneurs learn essential management lessons and covers every aspect of business, from HR to Finance to Marketing to Operations across any and every industry. Each book includes basic fundamentals, important concepts, and standard and well-known principles as well as practical ways of application of the subject matter.

This book contains charts, graphics, tables, summary notes and examples related to each chapter and is very informative. It also contains a glossary at the end of the book for students to comprehend the subjects covered. The systematic organization of accounting principles will help students conquer financial accounting.

- Jangho Gil, Assistant Professor of Accounting,  Monmouth University

If you are interested in learning about accounting and how to analyze a financial statement, this is a great book to start with. Accounting is an essential skill if you intend to go into business. By doing so, you are protecting yourself against unethical or bad accountants. This book has good insights and gets to the point.

- Xihui Chen, Assistant Professor of Accounting and Finance, Heriot-Watt University

I enjoyed reading Financial Accounting Essentials and I feel that for an overview of the subject matter, this book was well-written. I liked how the book walked the readers through the concepts of accounting.

- Dr Cheryl A Moore , Mercyhurst University, Assistant Professor of Accounting

Online Resources

Instructor Resources