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Accounting and Finance for Your Small Business
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This book has been written for business owners and managers
who want to refine the accounting and financial operations of
their companies. It provides detailed information about how to run
these operations, track cash flows, conduct analyses, analyze key
financial information, create a corporate risk management strategy,
and manage tax liabilities—in short, all of the key accounting and
financial information required to operate a small business.
Chapter 1 reveals the interlocking system of budgets, as well as
how to set up a budgeting procedure and use standard budgeting
formats to ensure that revenues are properly projected and matched
to related costs. This is a very important issue for those cyclical
industries in which expenses may be incurred well in advance of
sales receipts; it is also a highly necessary method for controlling
such key expense areas as payroll and inventory.
Chapter 2 covers the budgeting techniques used for capital
acquisition, such as discounted cash flows and payback analysis.
We also note how to modify the capital budgeting procedure to
account for high-risk expenditures, calculate the cost of capital, and
stratify a set of possible capital acquisitions in terms of which is the
most desirable
STEVEN M. BRAGG AND E. JAMES BURTON - Personal Name
2
ISBN-13: 978-0-471-7
NONE
Accounting
English
2006
New Jersey
1-299
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