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Profit First

Author : Mike Michalowicz

Publisher : Penguin

Page : 225 pages

File Size : 34,47 MB

Release : 2017-02-21

Category : Business & Economics

ISBN : 073521414X

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Book Description

Author of cult classics The Pumpkin Plan and The Toilet Paper Entrepreneur offers a simple, counterintuitive cash management solution that will help small businesses break out of the doom spiral and achieve instant profitability. Conventional accounting uses the logical (albeit, flawed) formula: Sales - Expenses = Profit. The problem is, businesses are run by humans, and humans aren't always logical. Serial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to flip the formula: Sales - Profit = Expenses. Just as the most effective weight loss strategy is to limit portions by using smaller plates, Michalowicz shows that by taking profit first and apportioning only what remains for expenses, entrepreneurs will transform their businesses from cash-eating monsters to profitable cash cows. Using Michalowicz's Profit First system, readers will learn that: · Following 4 simple principles can simplify accounting and make it easier to manage a profitable business by looking at bank account balances. · A small, profitable business can be worth much more than a large business surviving on its top line. · Businesses that attain early and sustained profitability have a better shot at achieving long-term growth. With dozens of case studies, practical, step-by-step advice, and his signature sense of humor, Michalowicz has the game-changing roadmap for any entrepreneur to make money they always dreamed of.



When I Grow Up I Want to Be... an Accountant

Author : Adrian Mayse

Publisher :

Page : 42 pages

File Size : 15,85 MB

Release : 2021-02

Category :

ISBN :

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Book Description

This book is written for the future accountants. The author hopes that students at an early age hear about accounting and can see themselves.



Career as an Accountant

Author : Institute for Career Research

Publisher : Createspace Independent Publishing Platform

Page : 0 pages

File Size : 45,40 MB

Release : 2014-06

Category : Accountants

ISBN : 9781500176815

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Book Description

Accounting is one of the most in-demand careers today, with more new jobs opening up every day. The opportunities available to accountants, auditors and similar professionals in the field are expected to continue expanding as international business increases and more government regulations take effect. Accounting is rated among the top five careers by such publications as Forbes and CNN/Money, with new graduates earning an average of $55,000 in their first year on the job. Accountants work with businesses, governments and other organizations to analyze and manage their finances. Accountants use spreadsheets and other computer applications to record, communicate and interpret financial results. They track transactions, recommend cost-cutting measures, and ensure that taxes are paid promptly and correctly. Accountants also help individuals and families file their taxes and manage their personal finances. Opportunities for accountants can be found in cities of all sizes across the country. Some accountants are employed directly by businesses, government agencies, not-for-profits, colleges and similar organizations. Others work for public accounting firms that are retained by organizations to provide financial services. Accountants may also be self-employed, such as those who specialize in providing tax services for families. A four-year degree from an accredited college or university is typically the minimum requirement to land your first job as an accountant. A graduate degree can be helpful, particularly for management positions or highly technical financial analysis work. Many accountants obtain professional licenses, most notable the Certified Public Accountant (CPA). State licensing requirements vary, but CPAs generally must obtain additional college credit hours, have experience working in the field, and pass a rigorous examination. Employment experts predict that the number of accounting and auditing jobs will grow by over 15 percent within the coming decade, as economic expansion drives the need for financial expertise. Accountants and auditors are paid on average $65,000 a year, a significant increase from just $60,000 only a few years ago, and earnings are expected to continue to track upward.



Advice for a Successful Career in the Accounting Profession

Author : Jerry Maginnis

Publisher : John Wiley & Sons

Page : 182 pages

File Size : 45,65 MB

Release : 2021-10-12

Category : Business & Economics

ISBN : 1119855284

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Book Description

Practical guidance to optimize the benefits of your accounting degree—no matter what stage of your career! Originally conceived and designed to provide helpful advice to college and university accounting majors and early-career professionals, this book evolved into a valuable resource for those groups as well as others who may be further along in their accounting careers. It contains many practical examples and real-life experiences from a long and successful career in the profession that you won't find in any accounting, auditing, or tax textbook. And it is written in a fun and engaging style with a simple goal in mind: to share lessons learned and insights that will help accountants of all ages optimize their career opportunities! Jerry Maginnis, CPA, the former Office Managing Partner for the Philadelphia office of KPMG, one of the "Big Four" Accounting Firms, currently serves as the "Accounting Executive in Residence" at Rowan University in Southern New Jersey. In this role, he has counseled and mentored dozens of students and early career professionals. The book leverages Jerry's real-world experience and his advice and counsel is delivered in a fashion that will make you feel like you are having a one on one conversation with him! Readers will also enjoy: Advice delivered concisely: each chapter is succinct and provides essential takeaways and action plans for all points in a career A guidebook that is efficiently organized into three sections—for college and university students, for early-career professionals, for accountants of all ages and experience levels—allowing the reader to focus on the sections that are most applicable to them An excellent refresher or reminder of concepts or principles that are important to even the most successful and experienced accountants Loaded with "real world" tips and techniques, Advice for a Successful Career in the Accounting Profession is an ideal resource for accountants and auditors, tax and advisory professionals, and University professors and high school instructors teaching Accounting, undeclared business majors, underrepresented populations, and students aspiring to become CPAs.



Introduction to Business

Author : Lawrence J. Gitman

Publisher :

Page : 1455 pages

File Size : 30,88 MB

Release : 2024-09-16

Category : Business & Economics

ISBN :

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Book Description

Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License.



The Adventures of an Accountant

Author : Clarence D. Hein

Publisher : Hillcrest Publishing Group

Page : 182 pages

File Size : 35,67 MB

Release : 2009-03

Category : Biography & Autobiography

ISBN : 193493769X

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Book Description

How does a struggling farmer eventually become a named partner in his own accounting firm? Do what Clarence Hein did: keep trying. Fiercely intelligent yet humbly grateful, Hein is a man of quiet humor and admirable principles. "The Adventures of an Accountant"conversationally takes us from his (not very successful) early career as a beet farmer in Montana to the founding, and ultimate triumph, of Hein & Associates, LLP, an accounting firm with modest beginnings that, through Clarence's integrity, guidance, and persistence has become the successful and well-respected institution it is today. Hein's forty-two years as a public accountant also serve to show us a fascinating cross section of the accounting profession in general. A true pioneer, Hein demonstrates through his memoirs his insatiable drive to succeed in spite of whatever initial or continuing obstacles he encounters. In what will surely be an inspiration to his readers, Hein's "The Adventures of an Accountant" reminds us that dreams are always possible -- and that life is beautiful, fulfilling, and surprising.



Why Be an Accountant

Author : Luke Donald

Publisher : Victor Lee

Page : 82 pages

File Size : 33,74 MB

Release : 2012-05-10

Category : Education

ISBN : 147744503X

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Book Description

Are you keen to be an accountant? Being an accountant is something which is very priviledge in the world of business. However, not many young people what it means to be an accountant. In Why Be An Accountant, Luke Donald shares with you the information on accounting which would help you understand the accounting industry better. After reading this book, you will know better what the accounting field is and the reasons you should be in it. Accountancy is easily the job which has the greatest amount of opportunity. From this book, you will be able to: Know how to start out your accounting career. What to expect from your accounting career. Have a rough overview on the art of accounting. How to be a successful accountant. How to find an accounting job. Pursuing a career as an auditor. Understand forestic accounting. Successful career change in the field of accountancy. How to have a successful accounting career even if you reach forty. Why Be An Accountant: Should I Be An Accountant? What You Should Know Before Entering The Accounting Career is a great book that would help the aspiring accountant. If you are someone who is considering the accounting path, you have to read this book to understand better the world of accountancy.



Not Just an Accountant

Author : Vinod Rai

Publisher : Rupa Publications

Page : 267 pages

File Size : 40,58 MB

Release : 2014-11-01

Category : Political Science

ISBN : 9788129134615

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Book Description

Not just an accountant is an incisive, no-holds-barred account of Indias eleventh comptroller and auditor general and a symbol of the anti-corruption movement, Vinod Rai. Through a narrative, rich in anecdote and inside information, Rai sheds light on the major scams that shook the country. Among the case studies-chosen for the diversity of failures they highlight are - the procedural irregularities in the issuance of licenses for second generation spectrum allotment, the last minute quick-fixes in the conduct of the XIX commonwealth games, the loss of national resources while allocating coal blocks, the flouting of systems and the clear display of crony capitalism in the exploration of hydrocarbon and the tragic tale of civil aviation in India. Through these illustrations, Rai wishes to not only expose government malfeasance, but also probe the mandate of the CAG as a watchdog. Equally, he hopes to push for long-term solutions to corruption and bring home the urgent need for ethics-for the pursuit of excellence, accountability, probity and transparency within governments, the bureaucracy, corporate enterprises and public life. Interesting facts A blow-by-blow, explosive, yet thoughtful account that sheds new light on the scams that shook India - 2G, coalgate, civil aviation, the conduct of the XIX commonwealth games and hydrocarbon contracts. Explodes the myth of accountability in contemporary Indian governance. Written by the eleventh CAG of India and a symbol of the anti-corruption movement, Vinod Rai. Presents long-term solutions for the future, so as to contain procedural irregularities within the government and corporate enterprises. Provides a roadmap for good governance, important for the growth of the nation. Exhorts younger professionals / administrators to strive for excellence.



Principles of Accounting Volume 1 - Financial Accounting

Author : Mitchell Franklin

Publisher :

Page : 1056 pages

File Size : 31,10 MB

Release : 2019-04-11

Category :

ISBN : 9781680922912

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Book Description

The text and images in this book are in grayscale. A hardback color version is available. Search for ISBN 9781680922929. Principles of Accounting is designed to meet the scope and sequence requirements of a two-semester accounting course that covers the fundamentals of financial and managerial accounting. This book is specifically designed to appeal to both accounting and non-accounting majors, exposing students to the core concepts of accounting in familiar ways to build a strong foundation that can be applied across business fields. Each chapter opens with a relatable real-life scenario for today's college student. Thoughtfully designed examples are presented throughout each chapter, allowing students to build on emerging accounting knowledge. Concepts are further reinforced through applicable connections to more detailed business processes. Students are immersed in the "why" as well as the "how" aspects of accounting in order to reinforce concepts and promote comprehension over rote memorization.



The End of Accounting and the Path Forward for Investors and Managers

Author : Baruch Lev

Publisher : John Wiley & Sons

Page : 268 pages

File Size : 43,7 MB

Release : 2016-06-14

Category : Business & Economics

ISBN : 1119191084

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Book Description

An innovative new valuation framework with truly useful economic indicators The End of Accounting and the Path Forward for Investors and Managers shows how the ubiquitous financial reports have become useless in capital market decisions and lays out an actionable alternative. Based on a comprehensive, large-sample empirical analysis, this book reports financial documents' continuous deterioration in relevance to investors' decisions. An enlightening discussion details the reasons why accounting is losing relevance in today's market, backed by numerous examples with real-world impact. Beyond simply identifying the problem, this report offers a solution—the Value Creation Report—and demonstrates its utility in key industries. New indicators focus on strategy and execution to identify and evaluate a company's true value-creating resources for a more up-to-date approach to critical investment decision-making. While entire industries have come to rely on financial reports for vital information, these documents are flawed and insufficient when it comes to the way investors and lenders work in the current economic climate. This book demonstrates an alternative, giving you a new framework for more informed decision making. Discover a new, comprehensive system of economic indicators Focus on strategic, value-creating resources in company valuation Learn how traditional financial documents are quickly losing their utility Find a path forward with actionable, up-to-date information Major corporate decisions, such as restructuring and M&A, are predicated on financial indicators of profitability and asset/liabilities values. These documents move mountains, so what happens if they're based on faulty indicators that fail to show the true value of the company? The End of Accounting and the Path Forward for Investors and Managers shows you the reality and offers a new blueprint for more accurate valuation.