Understanding Business Accounting for Dummies, Second UK Edition

Not everyone is cut out to be a professional accountant, but those who want to move up the corporate ladder know that they need to master the essentials of accounting.  Understanding Business Accounting For Dummies, 2^nd Edition makes truly light work of the financial fundamentals that many businesspeople try to bluff their way through every day.

The book will show you how to evaluate profit margins, establish budgets, control profit and cash flow, stem losses, manage inventory, make wise financial decisions, survive an audit, and use the latest computer technology to help you manage the bottom line.

This updated edition also includes the latest information on International Financial Reporting Standards, capital budgeting, and break even, plus new advice on how to find financial facts and read company accounts.  New sections include links to a number of key business spreadsheets and a new chapter on financing your business.

John A. Tracy is a former staff accountant at Ernst & Young. Colin Barrow was the Head of the Enterprise Group at Cranfield School of Management and is the author of Starting a Business For Dummies.