The accountant is responsible for many activities, which may require years of training and experience to fully comprehend. The breadth of knowledge required can seem overwhelming. The Accountants’ Guidebook is designed to simplify matters by providing the accountant with a practical knowledge of how to complete many accounting tasks, while also imparting an understanding of the more critical accounting standards. Topics covered include accounting procedures, GAAP for common transactions, closing the books, producing financial statements and other reports, collection tactics, payroll management, budgeting, and much more. In short, this is the essential desk reference for the accountant.
Role of an Accountant. Chart of Accounts. General Ledger and Trial Balance. Accounting Procedures Accounting for Receivables. Accounting for Investments. Accounting for Inventory. Accounting for Property, Plant, and Equipment. Accounting for Intangibles. Accounting for Equity. Revenue Recognition. Accounting for Payroll. Accounting for Stock-Based Compensation. Accounting for Income Taxes. Accounting for Business Combinations. Foreign Currency Matters. Accounting Changes and Error Corrections. Closing the Books. Financial Statements. Public Company Financial Reporting. Management Reports. Cash Receipts management. Collection Tactics. Payroll Management. Budgeting. Capital Budgeting. Business’ Ratios. Cost Object Analysis.
CPAs, CFOs, controllers, financial professionals, and auditors.
Identify the financial and managerial responsibilities of the accountant. Cite the issues involved with different account code structures. Specify how information rolls up from subsidiary ledgers into the general ledger, and is organized within the trial balance. State the flow of various documents through the procedures used by the accountant. Also describe the structure of a procedure, and who is most concerned with its construction. Identify the key requirements of accounting for receivables. Cite the accounting for investment transfers and the impairment of securities. Identify the tracking and cost accumulation systems used for inventory. State the valuation and depreciation rules applicable to fixed assets. Specify the rules regarding goodwill impairment and the capitalization of intangible assets. Cite the rules related to the accounting for various equity transactions, and more.
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $690.00
Member Price $600.00