How to Understand Accounts

The secrets of understanding accounts are about to be revealed...

• Need help understanding accounts?
• Struggling to interpret what your accounts actually mean for your business?
• Want to understand creative accounting?

How to Understand Accounts is a new guide for the layperson to understanding and interpreting your accounts. It reveals just how easy it should be to prepare, read and act on your business accounts.

How to Understand Accounts is an essential guide for non-accountants who need to understand and interpret accounts. It is designed for those who need to quickly grasp the essentials of accounts.... and make effective decisions based on what they have learnt.

If professional accountants prepare your accounts, you need to understand and act on them. And if professional accountants don't prepare your accounts, then it is even more vital that you understand exactly what you are doing (and get to know what you could be doing).

How to Understand Accounts will quickly teach you how to make informed decisions about the future of your business based on understanding its accounts. It will also ensure that you don't fall foul of tax regulations.

In a simple, easy-to-follow, step-by-step way this book reveals the secrets to understanding accounts. And here's the first secret you should learn: understanding your accounts is really not that hard.

How to Understand Accounts includes:

• Trading and Profit and Loss Accounts
• Balance Sheets
• Company Accounts
• Reviewing Accounts
• Management Accounts
• Creative Accounting
• Case Studies revealing how you can review and interpret accounts
• Example accounts of sole traders, partnerships and small companies
• Checklists to help you quickly and effectively review accounts, value stock and troubleshoot your business

Understanding accounts may not be rocket science... but How to Understand Accounts will help sky-rocket the performance of your business. Read it now and start benefiting immediately.

How To Understand Accounts Contents:

• Introduction to Accounts
• The trading and profit and loss account
• The accounts balance sheet
• The cash flow statement
• Company accounts
• Reviewing the accounts
• Management accounts
• Creative accounting
• Appendices: sole trader; partnership and company accounts; cashflow statements; receipts and payments accounts; checklist for reviewing accounts; troubleshooting checklist; stocktaking and stock valuation checklist; the treatment of VAT in the accounts