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Cover Your Nut: Practical Accounting in Plain English for the Real World - Softcover

Phelps, R.G. Bud

 
9781466360921: Cover Your Nut: Practical Accounting in Plain English for the Real World

Inhaltsangabe

My goal in this book is to give you a better understanding of the role of accounting in managing a company and the application of these management skills. I do not intend upon teaching you to become an accountant, but to give you a better understanding of the need for accounting systems in developing your management skills. You can always hire an accountant, but don't you think that it would be in your best interest to develop an understanding of what the financial statements can show you? All of us would like that magic formula to pick the business that we would like to start and run successfully, and hopefully this book will at least give you some new insights covering the different types of businesses. All of the businesses that I will review in this book require a planned management level accounting system to assure that all bases are covered as the company goes through each of the operating cycles. The item names (accounts), shown on a financial statement are intentionally placed in an order that allows management to read what has happened during an operating cycle (one month, six months, or a year). Keeping track of the company's assets, liabilities, income and expenses is all taken care of by a good accounting system and proper recording of the individual transactions. You can check out additional information about the book on my web site, www.budsbooks.com .

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Über die Autorin bzw. den Autor

R.G. Bud Phelps BIO Born - January 31, 1932 in Gibbon, Nebraska Grade School – Gibbon and Curtis, Nebraska High School – University of Nebraska School of Agriculture (UNSA) Curtis, Nebraska Service – U.S. Navy (March 1951 to March 1955) College – Graduated from the University of Denver in 1958, BSBA Married – Patricia L. Phelps – August 13, 1955 Children – Three daughters: Bridget, Shauna, and Wendy Grandchildren – Kelly, Cory, Kalyn, and Andrew I was involved in accounting and management for various types of businesses for approximately 50 years. Jolly Rancher Candy Company was my first job out of college. I gained experience in several different types of business over the years: a cellophane printing company, a snack foods company, a camper and trailer manufacturing and sales company, a well drilling company, ammunition manufacturing company, and my own Pet Product manufacturing and sales company.

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