Accounting: Foundation Inputs & Outputs

by Axel Tracy

A 15-minute Read of this Micro-Book will Teach You Accounting Lessons For Life!Have you ever considered learning a little accounting but didn't know where to start? This mini-book could be your answer. In a short space of time you cover financial accounting fundamentals (knowledge for life) and from there you can then assess whether an accounting & finance knowledge journey could be for you. This mini-book is perfect for the business student (add accounting to your skill set), investor (helping you analyse investment financial statements) and the entrepreneur (use your bookkeeping software more efficiently and get new insight into your business performance & position). Read on to find out more ...and maybe then take the leap! This is a 12-page micro-book, not a full length book...but seriously, even with this brief read, you will know more about financial accounting than the vast majority of the population :-) " Foundation Inputs & Outputs" is a 12-page micro-eBook, while brief, will give you a grounding into the Inputs and Outputs of a Financial Accounting System.It will be your introduction to accounting, your first step into an accounting knowledge journey and cover the basics of accounting. Specifically, the books covers the three main financial statements (outputs) and the theories behind entering data into your bookkeeping system (inputs). The Contents are as Part 1 “Outputs”: The 3 Key Financial Statements 1) The Income Statement2) The Balance Sheet3) The Cash Flow StatementPart 2 “Inputs”: The Accounting Behind the Financial Statementsa) Double-Entry Accountingb) Debit and Credit Rules for the Accounting Equationc) How Revenue and Expenses Fall Into the Accounting Equation Simple, clear & to the Great Value for a 15-Minute Read, when compared to the hourly rate of an accountant or bookkeeper.Scroll Up and Buy NowPersonal Promise and Risk-Free Kindle Return amazon.com/gp/help/customer/display.h...Did You Know that You Can Return Your Kindle Book and Get a Full Refund if You Make a Request to Amazon Within 7-Days of Purchase?Therefore The Author Makes this Personal Promise to the Kindle Book Now, and if You Don't Find Value in its Contents equivalent to the Cost of Your Purchase (i.e. If You Can't Make More Money from the Book's Education than its Cost to Buy) then Simply Request a Return/Refund from Amazon Within 7-Days of Purchase.In effect, You Can Have a Risk-Free 7-Day Trial.This is the Personal Promise from the that You Will Find More Financial Value in Skills Gained from Reading the Book than the Financial Value it Cost to Buy.Buy the Kindle Book Now and Ask for a Refund/Return Within 7-Days if the Book Doesn't Live Up to This Promise

24 pages, Kindle Edition

First published September 22, 2013

About the author

"My mission is to put academic accounting & finance knowledge, through technology, in the hands of businesspeople & investors."

Axel Tracy has been educated in accounting and finance at two of Australia's leading universities: The University of Technology, Sydney (UTS) and The Australian National University.

He is one of the top students at his current university (UTS) and is a member of the invitation-only Golden Key International Honours Society. Axel's GPA for accounting and finance subjects is 3.64 out of 4.

From 2011 till recently he was employed by UTS to run PASS Sessions for the 2nd-year accounting subject Accounting Standards and Regulations. This involved teaching undergraduate accounting students in a subject that has a high failure rate (Axel scored a High Distinction in this particular subject). Accounting Standards and Regulations is a financial accounting subject that involves Australia's current implementation of the International Financial Reporting Standards.

Axel has also been employed by UTS to be a one-on-one tutor in the subject of Accounting for Business Combinations. This is another 2nd-year financial accounting subject involving the accounting treatment of corporate groups, joint-ventures and associates.

His passion for financial markets has led his self-directed study about the 'value investing' philosophy, an investment approach originating from the Columbia Business School in the 1920s. He has also studied trading tactics and systems, however his greatest investment success has come from the former value investing approach.

Axel is happy being a small business operator (and hopes to make this business big) and his first business was launched when he was 25 years old.

Axel currently lives in Sydney, Australia, but hopes to live in many cities in the years to come.

"A little later than many, I found the reason for coming into this world. It was to become an entrepreneur and spread the accounting and finance knowledge that I had learned since 2003.

I greatly enjoy teaching and helping others see the beauty of accounting and finance.

I love accounting and finance...and I want you to feel the same way too!

And if I can't get you to love them, then my eBooks want to help you take those initial steps in your knowledge journey, so you can be armed with techniques and tools that will set you above the pack."