Ittelson’s master work for entrepreneurs, non-financial managers, business students, lawyers, lenders, and investors—the bestselling book of its kind, with over 200,000 copies in print—has gotten even better with this 20th anniversary edition.Ittelson is an expert at translating complicated financial topics in an accessible way for non-financial audiences. In this book, he empowers readers by clearly and simply demonstrating how the three major accounting statements interact to offer a snapshot of a company's financial health.This book teaches readers how to use specialized accounting vocabulary and makes accessible the structure and purpose of the three major numeric statements that describe a company’s financial condition. Each statement paints a different and essential picture—the “three-legged stool” of company reporting: The income statement shows the manufacturing (or service offerings) and selling actions of the company that result in profit or loss during a period. It gives a very important perspective on the company’s performance, its profitability. The cash flow statement details cash into and out of the company for a period. You need money to make money. Running out of cash is bad. Duh. The balance sheet records at the end of a period, an instant in time, what the company owns and what it owes, including the owners’ stake, called shareholders’ equity. With two new major topic sections (nonprofit organization accounting and pricing theory for profitability) and spot color reformatting to improve comprehension, this third edition of Financial Statements is simply the clearest and most comprehensive introduction to financial reporting available. No accounting background is required.

    

    . . and you’re the prime suspect.  When forensic accountant Cynthia Webber’s old beau, divorce lawyer Drew Nolan, asks her to prepare a net worth statement for his client, one of Calgary’s richest businessmen, she’s not ready for the baggage that comes with the task—a stalker, a murder charge, and a night in prison.As she and Detective Warren Scott work to clear her name, the more Cynthia learns about Drew’s client, the more she’s forced to face infidelity demons from her past. Just as she and Warren make progress, their leads turn into dead ends—except for one, but it comes with a price Cynthia isn’t willing to pay.

    All Questions are chosen because of their likelihood to appear on your CPA Exam and whether you have the I-75 CPA Review Course or another CPA Course, when your exam gets closer, you need to focus on what is most likely to be tested. All of these multiple choice questions are from the AICPA blueprint.