Overview

Get it right with this accessible guide to Canadian accounting practices  As the demand for on-the-money accounting expertise grows in Canada’s increasingly complex public and private business landscape, current and future accounting professionals need a comprehensive resource that’s tailored specifically to their financial world. This revised edition takes you through what you need to know in straightforward language, from the basics to advanced issues such as income statements and balance sheets, budgets and budgeting, and the ins and outs of the GAAP. In addition to advice on general accounting procedures, Accounting For Canadians For Dummies includes coverage of the latest regulations in all areas of the Canadian economy, keeping you on the right side of the law as it applies to government, public, and private sectors. The book is also a must-have for salary accountants working for accounting, tax preparation, bookkeeping, and payroll services firms.  Align with the most recent International Financial Reporting Standards Comply with the latest need-to-know regulations for private enterprise Use guidelines on common procedures such as tracking inventory, profit and cash flow, and evaluating profit margins Get expert advice on budgeting and payroll best practices   Whether you’re a professional or studying for your future career, Accounting For Canadians For Dummies gives you an authoritative, easy-to-follow path to success!

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9781119575832

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John A. Tracy, CPA, is professor of accounting, emeritus, at the University of Colorado in Boulder. Earlier in his career, he was a staff accountant with Ernst & Young. Cécile Laurin, CPA, CA, is a professor of accounting at Algonquin College of Applied Arts and Technology in Ottawa. She has been chief financial officer for three engineering firms and a law firm.

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