Paul Newton has worked in IT and Project management for over 30 years and has also developed several internet based enterprises. He was a co-founder and director of ITT Ltd where he was responsible for the development and marketing of software-based management training tools. Clients included Microsof
This eBook explains all of the basic accounting concepts and terminology you will need to understand the three primary financial statements that appear in every organization’s annual report and most internal monthly reports.
It describes the differences between cash based and accrual based accounting. Explains the ‘revenue recognition’ principle and the ‘matching’ principle, as well as how depreciation, prepayments and bad debt are allowed for.
This eBook explains all of the basic accounting concepts and terminology you will need to understand the three primary financial statements that appear in every organization’s annual report and most internal monthly reports.
You will learn: