With easy-to-understand explanations and real-life examples, Financial Accounting For Dummies provides you with the basic concepts, terminology, and methods to interpret, analyze, and evaluate business financial statements. Whether you're a student taking an introductory course or a business owner who needs a financial accounting initiation, this hands-on, friendly guide can help.<BR><BR>Financial Accounting 101 ù get acquainted with the world of financial accounting, from the responsibilities of financial accountants to the coursework, certifications, and career options available<BR><BR>Book it ù discover the process behind financial accounting, which starts with booking a company's accounting transactions using journal entries and ledgers<BR><BR>It's a balancing act ù get the lowdown on the different parts of a balance sheet (assets, liabilities, and equity) and how together they illustrate a company's financial position<BR><BR>Search for profit (or loss) ù navigate an income statement to study a company's revenue, expenses, gains, and losses<BR><BR>Follow the cash ù find out what the statement of cash flows tells you about how a business uses its money<BR><BR>Open the book and find:<BR><BR>The purpose of financial accounting<BR><BR>Ethical responsibilities of financial accountants<BR><BR>What financial statements tell you about a company<BR><BR>Regulatory issues and agencies you need to know<BR><BR>Accounting methods and concepts<BR><BR>How to investigate income and cash flow<BR><BR>Different ways to analyze financial statements<BR><BR>The job (and income) outlook for financial accountants