Not everyone is cut out to be a professional accountant. But thanks to Accounting For Dummies, 2nd Edition you can get a handle on the financial aspects of your business, investments, or taxes. Accounting professor and author John A. Tracy sheds light on the mysteries of Generating income statements and balance sheetsEstablishing budgets, controlling profit and cash flow, stemming losses, and managing inventoryEvaluating profit margins – and identifying ways to increase themMaking financial decisions that keep investors, creditors, and managers satisfiedReading financial reportsSurviving an audit and using the results to improve your accounting systemPutting the latest computer technology to work to help you manage the bottom lineIf you've steered clear of accounting because you thought it incomprehensible by mere mortals, prepare to be enlightened. Accounting For Dummies, 2nd Edition empowers you with knowledge you can't afford to be without.