Corporate Financial Analysis with Microsoft® Excel® visualizes spreadsheets as an effective management tool both for financial analysis and for coordinating its results and actions with marketing, sales, production and service operations, quality control, and other business functions.
Taking an integrative view that promotes teamwork across corporate functions and responsibilities, the book contains dozens of charts, diagrams, and actual Excel® screenshots to reinforce the practical applications of every topic it covers. The first two sections? Financial Statements and Cash Budgeting? explain how to use spreadsheets for:
Preparing income statements, balance sheets, and cash flow statements
Performing vertical and horizontal analyses of financial statements
Determining financial ratios and analyzing their trends and significance
Combining quantitative and judgmental techniques to improve forecasts of sales revenues and customer demands
Calculating and applying the time value of money
Managing inventories, safety stocks, and the allocation of resources
The third and final section?Capital Budgeting? covers capital structure, the cost of capital, and leverage; the basics of capital budgeting, including taxes and depreciation; applications, such as new facilities, equipment replacement, process improvement, leasing versus buying, and nonresidential real estate; and risk analysis of capital budgets and the potential impacts of unforeseen events
This revised and updated fifth edition of Accounting for Managers builds on the international success of the previous editions in explaining how accounting is used by non-financial managers.
Emphasizing the interpretation rather than the construction of accounting information, Accounting for Managers encourages a critical, rather than an unthinking acceptance of accounting techniques. Whilst immensely valuable for planning, decision-making and control, users of accounting information need to recognize the assumptions behind, and the limitations of particular accounting techniques. As in the previous editions, the book links theory with practical examples and case studies drawn from real business situations across a wide range of manufacturing, retail and service industries.
"This book is essential for any small business owner, manager,or accountant's business tool kit. This easy-to-read book distillscomplex subject matter into meaningful and understandableinformation and is a great refresher course for those deeplyinvolved in the accounting and financial matters of a smallbusiness. The book contains many examples that can be usedimmediately in daily operations to improve the quality ofinformation for better decision making. The book provides thoseinvolved in small business the framework to manage what theymeasure."
—Jim Bologa, CFODaticon, Inc
The basic approach to teaching taxation hasn’t changed in decades. Today’s student deserves a new approach. McGraw-Hill’s Taxation of Business Entities is a bold and innovative new textbook that’s already generating enthusiasm across the country. McGraw-Hill’s Taxation Series is designed to provide a unique, innovative, and engaging learning experience for students studying taxation. The breadth of the topical coverage, the storyline approach to presenting the material, the emphasis on the tax and nontax consequences of multiple parties involved in transactions, and the integration of financial and tax accounting topics make this book ideal for the modern tax curriculum.
Your hands-on guide to keeping great records and keeping yournonprofit running smoothly
Need to get your nonprofit books in order? This practical guidehas everything you need to know to operate your nonprofit accordingto generally accepted accounting principles (GAAP) — fromdocumenting transactions and budgeting to filing taxes, preparingfinancial statements, and much more. You'll see how to stayorganized, keep records, and be prepared for an audit.
Begin with the basics — understand common financial terms,choose your accounting methods, and work with financialstatements
Balance your nonprofit books — set up a chart of accounts,record transactions, plan your budget, and balance your cashflow
Get the 4-1-1 on federal grants — find grants and apply forthem, track and account for federal dollars, and prepare for agrant audit
Stay in good standing with Uncle Sam — set up payrollaccounts for employees, calculate taxes and deductions, andcomplete tax forms
Close out your books — prepare the necessary financialstatements, know which accounts to close, and prepare for the nextaccounting cycle
Know what to do if you get audited — form an internal auditcommittee, follow IRS rules of engagement, and keep an immaculatepaper trail
Open the book and find:
The difference between bookkeeping and accounting
How to maintain a manual or computer record-keeping system
Ten vital things to know when keeping the books
Do's and don'ts of managing federal grant money
How to prepare for an audit of your financial statements
IRS Form 990 good practices
The most common errors found during nonprofit audits
How to figure out employee payroll deductions and taxes