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This book introduces capacity management, describes cash flow dynamics, and offers ideas about how to manage both Business leaders rely on accounting data such as profit and calculated costs as a guide to whether they are making money. Should they? Accounting was designed to report financial performance not model cash flow. Accruals can disconnect cash flow from the timing and extent to which it occurs. Statements of cash flow do not provide insight into what was bought and how efficiently it was used. Costs and profits are not absolute, they change based on the model you use to calculate them. To manage cash, you must manage what you buy and how effectively you use it. The largest expenditure for most companies is capacity; space, labor, materials, equipment, and technology. Unless you model and manage capacity effectively, you will not achieve the cash flow results you seek. This book introduces capacity management, describes cash flow dynamics, and offers ideas about how to manage both. After reading it, you be able to see, understand, and manage cash flow as never before.
Distilled small business advice for accounting practices Many accountants in small and mid-size practices are experts when it comes to their professional knowledge, but may not have considered their practice as much from a business perspective. Michael Gerber's The E-Myth Accountant fills this void, giving you powerful advice on everything you need to run your practice as a successful business, allowing you to achieve your goals and grow your practice. Featuring Gerber's signature easy-to-understand, easy-to-implement style, The E-Myth Accountant features Gerber's universal appeal as a recognized expert on small businesses who has coached, taught, and trained over 60,000 small businesses A recognized and widely respected co-author and leader in the accounting field The E-Myth Accountant is the last guide you'll ever need to make the difference in building or developing your successful accounting practice.
A lost race of humans is discovered on a planet called Wanderer, and joy spreads throughout the Green Realm. Sadly, the joy is short-lived. "They're mad. They're all mad," reports one of the planet surveyors. Insane, yes, so it seems the people, the wildlife, even the planet. Suddenly, a surveyor is strangled. Then another surveyor is murdered and special evidence links the killings. Tempers fray, fingers are pointed, and all the residents look over their shoulders in fear. Is the planet safe for the newcomers? Is it safe for anyone? Ardra Wythian, a young PKF officer, and her companionbot, Skrif, are sent to this world to find answers. They hope for quick results, but soon realize no traditional explanation will solve the riddle of Wanderer. Then Ardra discovers she's next on the hit list.
Advanced Accounting delivers an in-depth, comprehensive introduction to advanced accounting theory and application, using actual business examples and relevant news stories to demonstrate how core principles translate into real-world business scenarios. Clearly defined and logically organized Learning Objectives aid in student comprehension, while highlighted Related Concepts illustrate how individual concepts fit into the larger picture. Short answer questions throughout the chapter allow students to test their knowledge before reaching the more in-depth end-of-chapter questions, promoting a deeper understanding of both technical and conceptual aspects of the field. Written by active accounting researchers, this text brings clarity and flexibility to the central ideas underlying business combinations, consolidated financial statements, foreign currency transactions, partnerships, non-profit accounting and more. This new Seventh Edition has been updated to reflect the latest changes to FASB and GASB standards, allowing students to build a skill set based on up-to-date practices. With a student-oriented pedagogy designed to enhance comprehension, promote engagement, and build real-world understanding, this user-friendly book provides an essential foundation in current advanced accounting methods and standards.
This book provides rare, insider accounts of the academic research process, revealing the human stories and lived experiences behind research projects; the joys and mistakes of a wide range of international researchers principally from the fields of accounting and finance, but also from related fields in management, economics and the social studies of science.
Owning and running a small business can be complicated. On top of developing, marketing and selling your product or service, you ve got to be prepared to handle the money that is coming in, pay your employees, track expenditures, consider your stock options, and much more. Accounting for Small Business Owners covers the entire process of establishing solid accounting for your business and common financial scenarios, and will show you how to: Set up and run your business : Manage and sell your product or service : Perform a month-end balancing of accounts. Packed with definitions of basic accounting terms, sample accounting statements, and a wealth of tips and tricks to simplify the accounting process.
If success leaves clues, then this unique and thought-provoking book will provide you with all the evidence you'll need to think - and act - like a millionaire. Discover how to leverage your knowledge and fast track your wealth using the incredible investing insights shared by Steve McKnight and Stu Silver - two self-made property millionaires. Featuring anecdotes, analysis and even a little friendly 'argie-bargie', Millionaire is all about: wealth - 26 chapters of detailed discussion about how to create significant lifetime wealth, and keep it for many generations tocome; wisdom - 170 insights gained from decades of investing experience you can use to fast track your success; and a sense of humour - laugh, and maybe even cry, at the sometimes shocking, but always entertaining, tales from the investing trenches. This book is like no other and is sure to leave you touched, moved and inspired.
Success in Accounting begins here! The technical details you need to know and decision making processes you need to understand, with plain language explanations and the power of unlimited practice. Accounting is an engaging resource that focuses on current accounting theory and practice in Australia, within a business context. It emphasises how financial decision-making is based on accurate and complete accounting information and uses case studies to illustrate this in a practical way. The new seventh edition is accurate and up-to-date, guided by extensive technical review feedback and incorporating the latest Australian Accounting Standards. It also provides updated coverage of some of the most significant current issues in accounting such as ethics, information systems and sustainability.