By Kathleen Villani, James B. Rosa
Automated Accounting with QuickBooks 2014 teaches either the accountant and non-accountant scholar find out how to use QuickBooks 2014, the most renowned basic ledger software program applications on hand. via certain step by step causes and hands-on workouts, scholars get plentiful perform possibilities to make sure mastery of the accounting ideas. With this article, your scholars will:* obtain quick reinforcement of accounting ideas and follow their talents via perform exercises.* study what to do and why via a realistic, potent, building-block approachIncludes a 140-day trial of the scholar Trial version software program!
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Extra info for Computerized Accounting with Quickbooks 2014
9 management accounting p. 13 financial accounting p. 13 financial management p. qxd 3/30/06 11:11 AM Page 22 Chapter 1 Introduction to accounting and finance Further reading If you would like to explore the topics covered in this chapter in more depth, we recommend the following books: Drury, C. Management and Cost Accounting, 6th edn, Thomson Learning, Chapter 1. Elliot, B. and Elliot, J. Financial Accounting and Reporting, 9th edn, Prentice Hall, Chapter 30. McLaney, E. Business Finance: Theory and Practice, 7th edn, Prentice Hall, Chapters 1 and 2.
In addition, accounting information must be material. n Providing a service to users can be costly and financial information should be produced only if the cost of providing the information is less than the benefits gained. qxd 3/30/06 11:11 AM Page 21 Key terms Accounting information: n Accounting is part of the total information system within a business. It shares the features that are common to all information systems within a business, which are the identification, recording, analysis and reporting of information.
3 gives some comments suggesting that when all appears to be going well with a business, people can be quite gullible and over-trusting. 3 The thoughts of Warren Buffett Warren Buffett is one of the world’s shrewdest and most successful investors. He believes that the accounting scandals mentioned above were perpetrated during the ‘new economy boom’ of the late 1990s when confidence was high and exaggerated predictions were being made concerning the future. He states that during that period: You had an erosion of accounting standards.