Mastering Financial Accounting Essentials by Stuart A McCrary pdf free download

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Mastering Financial Accounting Essentials by Stuart A McCrary pdf free download

Mastering Financial Accounting Essentials by Stuart A McCrary pdf free download. Most accounting textbooks are written to teach accounting to future accountants, the creators of financial statements. This book is intended to explain financial accounting to company managers and investors, the users of financial statements. As a result, this book will give an intuitive understanding of the accounting process and standard accounting reports.

Mastering Financial Accounting Essentials by Stuart A McCrary pdf free download

This text does not focus on accounting rules and therefore is not intended to teach accounting to future accountants. The questions at the end of each chapter follow an extended example of a new company being created. As the company is created and grows, new kinds of activities require accountants to record a widening variety of business transactions. The questions follow the topic in each chapter and don’t necessarily appear in chronological order. However, a list of accounting entries sums up the year in chronological order. The book is written as a text for an executive master’s program in business school or part of the business curriculum in a professional degree
program (engineering, law, medicine, etc.).

Mastering Financial Accounting Essentials by Stuart A McCrary pdf free download

To respect the scarce time of the student, the most important material will occupy the main text. Students can read the chapters without studying the questions at the end of the chapter, but they should work through both the chapters and questions for a better understanding of the material. Not every accounting student is enthusiastic about having to learn accounting. Yet they attend the class because modern business makes it important for everyone outside the accounting department to understand the company’s accounting system.

Mastering Financial Accounting Essentials by Stuart A McCrary pdf free download

Perhaps it would be more rewarding to start over and build a logical accounting system from scratch. If no accounting system existed, we could design it to meet the needs of a modern business, to be logical, and to be understandable. But this text must describe our existing accounting system to be useful to the reader. The reader will discover that the existing accounting system is logical and does meet the needs of modern business.

Mastering Financial Accounting Essentials by Stuart A McCrary pdf free download

Traditional accounting textbooks are much easier to understand if the reader already has a good grasp of accounting concepts. A reader without prior knowledge may need to read a traditional accounting text twice because material in the early chapters is clear only after the reader is familiar with content in other parts of the book. This text will seek to present the material in a way that explains the key features of modern accounting step by step and will develop an intuitive understanding of accounting.

Mastering Financial Accounting Essentials by Stuart A McCrary pdf free download

Mastering Financial Accounting Essentials by Stuart A McCrary pdf free download

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