Financial Accounting Essentials You Always Wanted To Know: Color Edition prepares new managers and leaders with the foundation to understand financial accounting, a critical tool to document finances to shareholders, government tax authorities and other critical parts of the business ecosystem. The chapters follow in a logical flow to describe the key components of financial accounting, including:Why are financial accounting systems necessaryFinancial accounting systems and termsThe Balance SheetThe Income StatementThe Statement of Cash FlowsEach chapter provides clear examples of the financial accounting tools and includes practice examples to help train the reader in the usage of these critical tools.