Complete Small Business Accounting Guide, including key Accounting Terms

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Complete Illustrated Guide to Small Business Accounting

Accounting is the essential language of your business. Understanding small business accounting, including key accounting terms, accounting basics, and financial ratios is crucial to your business success. These online accounting guides will help you understand the fundamentals of small business accounting, the key financial reports and how to use them, and how to stay on top of your business performance so you have more time to focus on your business results.

Whether you are just starting out and want to lay a solid financial foundation for your new business, you have been using software such as Quicken, QuickBooks, or Peachtree Accounting, or you are interested in learning accounting as a student or investor, this website was designed to help you find information that you can quickly apply to business to measure performance and profitability.

From deciphering financial statements (the income statement, the balance sheet, the cash flow statement), to understanding key financial ratios, basic accounting principles, and the complete accounting cycle with examples and illustrations, you can find it all here along with additional resources.

Income Statement
The income statement is the primary financial report for understanding the bottom line earnings of your business.

Understanding the Balance Sheet in Small Business Accounting.
How to use the Balance Sheet to gather essential accounting information on business profitability, liquidity, and financial strength.

The Statement of Cash Flows
Using the Statement of Cash Flows to Measure the Lifeblood of Your Business. How To Use the Statement of Cash Flows with the Other Financial Statements.

Cost of Goods Sold (COGS) and Inventory Accounting Illustrated
Illustration Guide to Cost of Goods Sold and Inventory Accounting.

Using Financial Ratios to Understand Financial Statements
Analyzing Businesses with Financial Ratios and Accounting Formulas.

Understanding the Accounting Cycle and Double Entry Accounting
Step by Step Guide to the Accounting Cycle and Double Entry Accounting.

A Review of GAAP Accounting, FASB, and Accounting Theory
An Overview of GAAP Accounting, FASB, and accounting theory

Understanding Key Accounting Terms and Accounting Definitions
Accounting Terms and In Depth Accounting Dictionary with Illustrated Accounting Definitions and Examples.

Small Business Accounting Blog
The Small Business Accounting Blog keeps you up-to-date with all additions and changes to the Business-Accounting-Guides Web site. Subscribe here.

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