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    Accounting Survival Guide: An Introduction to Accounting for Beginners
    Accounting Survival Guide: An Introduction to Accounting for Beginners
    Accounting Survival Guide: An Introduction to Accounting for Beginners
    Ebook69 pages19 minutes

    Accounting Survival Guide: An Introduction to Accounting for Beginners

    By Dr. T. Brian Routh

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    About this ebook

    Students often find accounting to be a daunting topic. Students majoring in any field of business, typically must successfully complete both financial and managerial accounting (i.e. principles of accounting). These are both exciting and extremely useful courses that students need to take. Have you ever wondered “why do I have to take these accounting courses”? Accounting is the language of business and that makes the topics that you study in these courses extremely important to your future no matter what your chosen business field. I often have students say that they are going to run their own business and they will hire an accountant so they don’t need to know this “stuff”. However, if you think really hard about that, my hope would be you would reconsider that philosophy. Do you really want to give 100% carte blanche to someone with your money and you have zero idea what is going on? Probably not! Having some basic knowledge and skills in accounting will allow you the ability to know what is financially going on in your business (you’ll still need an accountant) and will help with managerial decision making. This eBook is going to help you understand some of the basic skills needed to fully understand what is going on in accounting. In this eBook I will discuss some financial accounting topics as well as some managerial accounting topics to help you have a better foundational knowledge of accounting. What this eBook is not: This eBook is not a financial accounting course. This eBook is not a managerial accounting course. You will not be able to read this eBook and pass your financial or managerial accounting courses. What you may be able to do is read this eBook and better understand some of the concepts in your financial and managerial accounting courses.

    LanguageEnglish
    PublisherDr. T. Brian Routh
    Release dateJul 20, 2021
    ISBN9781005103170
    Accounting Survival Guide: An Introduction to Accounting for Beginners
    Author

    Dr. T. Brian Routh

    I have been an accounting professor since 2002, as well as a state auditor and an accountant. I have taught financial, managerial, cost accounting, financial statement analysis, data analytics, intermediate accounting and tax. I have created 100s of accounting education videos available at www.TheAccountingDr.com with accompanying Lecture Notes.If you have any questions, comments or ideas please feel free to get in touch with me at info@TheAccountingDr.com. I always enjoy hearing from students, colleagues, bookkeepers, and future accountants and I would love to get your feedback. In addition, if there are topics you would like to see in an eBook I would love to try and accommodate those requests as well.

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      Book preview

      Accounting Survival Guide - Dr. T. Brian Routh

      Accounting Survival Guide

      An Introduction to accounting for beginners

      By Dr. T. Brian Routh

      Published by TheAccountingDr.com

      Table of Contents

      Accounting Survival Guide

      About the Author

      Introduction

      What is Accounting?

      Financial versus Managerial Accounting

      Financial Statements

      Income Statement

      Statement of Retained Earnings

      Balance Sheet

      Statement of Cash Flows

      The Accounting Equation

      Journalizing

      Posting

      Adjusting Entries and the Adjusting Process

      The Closing Process

      Inventory Costing

      Methods of Depreciation

      Financial Statement Analysis

      Flow of Costs in Manufacturing

      Cost Behavior

      Capital Investment Decisions

      Social Media

      Accounting Survival Guide

      About the Author

      Dr. T. Brian Routh

      

      I have been an accounting professor since 2002, as well as a North Carolina State Auditor and an accountant. I have taught financial, managerial, intermediate and cost accounting as well as tax. I have taught on both the undergraduate and graduate levels.

      Please visit my website at www.TheAccountingDr.com and subscribe to my email list. That is the easiest way to ensure that you get all of my blog posts, new publication notifications, eLecture posts, other updates and more.

      If you have any questions, comments or ideas please feel free to get into touch with me at info@TheAccountingDr.com . I always enjoy hearing from students, colleagues, bookkeepers, and future accountants and I would love to get your feedback. In addition, if there are topics you would like to see in an eBook I would love to try and

      Enjoying the preview?
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