Publisher's Synopsis
Information technology (IT) and accounting might be two very different fields, but, as IT expert and financial systems specialist Chris Chinaire shows you in this new manual, they intersect in a variety of ways. If you are an IT professional looking to advance in your career, the basics of accounting could be just what you need!
Chinaire's simple, data-centric approach covers all the questions you've ever had about accounting procedures and techniques. He explores and explains
- the accounting equation,
- fundamentals of a transaction,
- different types of accounts,
- transaction processing,
- data verification,
- the month-end process,
- the year-end process, and
- the best ways to improve your accounting skills.
Chinaire illustrates the application of accounting principles in a database. His work can give you a different and useful perspective on your own position and those of others in your organisation.
Chinaire also shows you to write your own versions of the four basic types of financial reports: income statement, balance sheet, cash flow, and statement of owner's equity. His data-centric approach helps you learn the language of business and apply it to your own career. With his help, you can acquire an important new skill that could make all the difference in your professional future!