John A. Tracy

John A. Tracy is Professor of Accounting at the University of Colorado in Boulder and the author of Accounting For Dummies.

Articles & Books From John A. Tracy

Accounting Workbook For Dummies
Number nightmares in accounting? No more! The numbers are clear: the need for accountants is not only strong, but on the rise. With job growth projected to increase by 7% over the next 10 years, there’s no time like the present to join this growing—and profitable—profession. Accounting Workbook For Dummies, 2nd Edition gives you the hands-on instruction you need to understand complicated concepts through demonstration problems, practice worksheets.
Accounting For Dummies
Demystify your financial statements and figure out what your accountant is talking about with this straightforward roadmap to the world of accountingFew skills are as useful as a basic understanding of accounting language. And with the right resources, learning the language of business can be intuitive, empowering, and fun.
Bookkeeping All-in-One For Dummies
Manage the art of bookkeepingDo you need to get up and running on bookkeeping basics and the latest tools and technology used in the field? You've come to the right place! Bookkeeping All-In-One For Dummies is your go-to guide for all things bookkeeping. Bringing you accessible information on the new technologies and programs, it cuts through confusing jargon and gives you friendly instruction you can use right away.
Accounting For Canadians For Dummies
The only guide to accounting that’s tailor-made for Canadians Accounting For Canadians For Dummies provides comprehensive coverage of all the auditing concepts, practices, and regulations Canadians need to know. This trusted guide is full of great information applicable to accountants and auditors who work throughout private industry and government, as well as salary accountants working for accounting, tax preparation, bookkeeping, and payroll services firms.
Understanding Business Accounting For Dummies - UK, 4th UK Edition
Having an understanding of your company's finances is crucial for both small business owners and corporate managers with budget responsibilities. Understanding Business Accounting For Dummies simplifies the key elements of UK business accounting, covering everything from evaluating profit margins to writing financial reports.
Article / Updated 09-29-2016
When approaching the accounting, you need to be aware of window dressing. Suppose you manage a business and your controller has just submitted for your review the preliminary, or first draft, of the year-end balance sheet. This example shows the current assets and current liabilities sections of the balance sheet draft.
Article / Updated 08-19-2022
You can compare reading a business’s financial report with shucking an oyster: You have to know what you’re doing and work to get at the meat. You need a good reason to pry into a financial report. The main reason to become informed about the financial performance and condition of a business is because you have a stake in the business.
Article / Updated 09-29-2016
Keep your eye out for accounting tricks. You shouldn’t be surprised to learn that business managers are under tremendous pressure to make profit and keep profit on the up escalator year after year. Managers strive to make their numbers and to hit the milestone markers set for the business. Reporting a loss for the year, or even a dip below the profit trend line, is a red flag that stock analysts and investors view with alarm.
Article / Updated 04-10-2017
Business managers, creditors, and investors rely on financial reports because these reports provide information regarding how the business is doing and where it stands financially. Like newspapers, financial reports deliver financial “news” about the business. One big difference between newspapers and business external financial reports is that businesses themselves, not independent reporters, decide what goes into their financial reports.
Article / Updated 09-29-2016
Knowing the difference between financial reports of private and public companies is important for accounting. Public companies make their financial reports available to the public at large; they don’t limit distribution only to their present shareowners and lenders. In contrast, private companies generally keep their financial reports private — they distribute their financial reports only to their shareowners and lenders.