In light of recent accounting scandals, it is critical that all financial practitioners understand and play
by the rules of the accounting field. Starting from the assumption that the reader is not familiar with
any accounting jargon, Mastering Financial Accounting Essentials presents material in a way that
explains the key features of modern accounting step by step and helps you develop an intuitive
understanding of accounting. Each chapter presents important accounting concepts, from inventory
valuation methods and the timing of erosion of productive assets to how internal managers calculate
ratios and trends to evaluate business efficiency.
For those who need to understand the language and law of this discipline in order to communicate
effectively with accountants and clients, Mastering Financial Accounting Essentials will be an
indispensable guide.
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