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- Includes Chapter Summaries and Solutions to Practice Exercises - Understanding of Financial Accounting Terms - Need, nature and purpose of Financial Statements - Audience of Financial Statements - Balance Sheet - Income Statement - Statement of Cash Flows Financial Accounting Essentials You Always Wanted To Know: Color Edition prepares new managers and leaders with the foundation to understand financial accounting, a critical tool to document finances to shareholders, government tax authorities and other critical parts of the business ecosystem. The chapters follow in a logical flow to describe the key components of financial accounting, including: - Why are financial accounting systems necessary - Financial accounting systems and terms - The Balance Sheet - The Income Statement - The Statement of Cash Flows Each chapter provides clear examples of the financial accounting tools and includes practice examples to help train the reader in the usage of these critical tools.

About the Series

This Self Learning Management Series intends to give a jump start to working professionals, whose job roles demand to have the knowledge imparted in a B-school but haven't got a chance to visit one. This series is designed to address every aspect of business from HR to Finance to Marketing to Operations, be it any industry. Each book includes basic fundamentals, important concepts, standard and well-known principles as well as practical ways of application of the subject matter. The distinctiveness of the series lies in that all the relevant information is bundled in a compact form that is very easy to interpret.