The Accounting 2 Study Brief is intended as a follow-up companion to our Accounting 1 Study Brief. This second title from our growing library of business titles goes beyond the basics to include more in-depth information on advanced accounting concepts and principles that business professionals, including employees, managers and students need to expand their understanding of accounting to the next level. This Study Brief provides quick access to deefinitions of key terms and clear, easy to understand explanations of generally accepted accounting principles, methods, and practices supported by instructive examples and clarifying visuals. Inside you will find a brief review of accounting principles as well as the steps of the standard accounting cycle. You will appreciate having convenient access to a condensed and organized compilation of the most current and up to date information and figures found in current textbooks and online resources without without having to browse numerous websites or plow through heavy textbooks. This Study Brief presents detailed sections on these major topics: financial reporting (income and expenses), interest and annuities, time value of money, cash, accounts receivables, short and long-term notes and receivables, merchandise inventory, inventory cost flow assumptions, depreciation, intangible assets, liabilities and securities. A discussion of financial ratio analysis, a section on recent developments in Accounting, and some useful online resources for further study are also included. Having this informational resource at your fingertips for a quick and easy refresher or reference at any time is a major advantage of this Study Brief.
