A Refresher in Financial Accounting

A Refresher in Financial Accounting

by Faisal Sheikh


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This fresher guide is designed for students who took accounting in their freshman year but struggled with double-entry bookkeeping or have for­gotten it and need a quick revision of key accounting adjustments such as accrued expenses, prepaid expenses, bad debt expense, depreciation techniques, inventory valuation, and unearned revenue. The author also discusses the preparation and interpretation of financial statements including the in­come statement, statement of retained earnings, balance sheet, and cash flow statement. Corporate accounting is introduced, especially the impact of tax, dividends, and the changes to the income statement, statement of retained earnings, and balance sheet. The book is packed with worked examples and four comprehensive case studies that apply the aforementioned accounting concepts. After working through this text, the student should be better prepared for intermediate finan­cial reporting classes.

Product Details

ISBN-13: 9781947441491
Publisher: Business Expert Press
Publication date: 12/05/2017
Pages: 116
Sales rank: 1,197,467
Product dimensions: 6.00(w) x 9.00(h) x 0.24(d)

About the Author

Faisal Sheikh is a qualified accountant (fellow of the Association of Chartered Certified Accountants) with an excess of 15 years' professional accounting/auditing/consulting experience gained primarily in small/medium enterprises and (international) not-for-profit sector. He has also worked for the Big Four firms in the UK and overseas. Faisal has held lecturer/assistant professorships and academic management posts with several leading UK business schools and is currently a lecturer at Salford Business School, where he is actively researching accounting fraud. He is a passionate teacher and won Inspirational Teacher of the Year 2012-13 & 2013-14 while working at Sheffield Business School. Faisal is a respected curriculum advisor and external examiner nationally and internationally. He has been an external panelist representing UK universities in Bahrain, Egypt, Sri Lanka, Singapore, and Malaysia. He is a Bollywood enthusiast, runs regularly, and loves playing with his children.

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