Schaum’s Outline of Principles of Accounting I demystifies financial and management accounting, making it clear for both beginners and non-specialists.

What does this book cover?

Financial management can be a confusing concept, especially if you have had little or no formal training in accounting. This volume from the authors of works like Financial Planning for the Utterly Confused and Basic Business mathematics will not only explain basic management accounting terms in a way that is easy to understand, it will show you how to apply them in the real world.

The Outline covers:

• How to analyse financial statements
• Budgeting techniques
• Capital budgeting and risk
• Cash flow issues
• Factors affecting the cost of capital
• Business failure and reorganization
• Financial planning and forecasting
• Leverage and capital structure
• How to manage working capital
• Valuation, return and risk
• Short-term financing techniques
• Financial management objectives
• Time value of money

About the Author

James Cashin spent time as the Chairman of the Accounting Department at Hofstra University, where he also served as Emeritus Professor of Accounting. In addition to the Outline of Principles of Accounting, he has authored several other books for Schaums, all to great success.

This is a great resource for students in the new era of information technology, but also for businesspeople dedicated to maximising their wealth in the new, global economy.