Lynda.com Tutorial – Accounting Fundamentals – GameSlim

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Accounting Fundamentals
2h 46m Appropriate for all Jun 03, 2014

Learn about bookkeeping, financial, managerial, and tax accounting and how they work together to help businesses make decisions. Jim and Kay Stice review the accounting equation, the three basic types of financial statements, how to use accounting to drive decision making, and how taxes figure into business decisions . They use real-world example data from Walmart and other business so you can really see how numbers drive everything from wages and product costs to home budgets.

Topics include:
What is accounting?
Working with balance sheets and income statements
Determining the costs of products
Performing break-even analysis
Determining tax deductions and credits
Understanding tax deductions and credits