Book V

Accounting and Managing Your Business

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webextra Bookkeeping and accounting provide excellent clues to a company’s health. Check out a free online article on how to use financial information to tell when a company may be in trouble at www.dummies.com/extras/bookkeepingaio.

In this book …

  • Learn how to record all costs correctly so that profit can be determined each period, and understand how to analyze profit
  • Plan and prepare for your business’s future, control its actual performance to reach its financial goals
  • Understand the importance of measuring costs
  • Recognize a business’s legal structure, and know what taxes need to be paid when
  • Know the process of closing the books at year-end and beginning a new accounting cycle for the next year

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