Part 1: Opening the Books on Accounting. Accounting in today's new economy -- Introducing financial statements -- Safeguarding company assets -- Accounting in the digital age -- Recognizing the legal and accounting entity -- Part.2: Exploring Financial Statements.: Reporting profit or loss in the income statement -- Reporting financial condition in the balance sheet -- Reporting cash sources and uses in the statement of cash flows -- Financial accounting issues -- Part 3: Understanidng financial reports, financial statements, and financial information. Producing Financial reports -- Deciphering a financial report -- Analyzing financial infformation with ratios -- Generating internal financial information for management use -- Applying Wall Street's tricks and treats to engineer financial results -- Part 4. Leveraging accounting in managing a business. Analyzing profit -- Accounting for costs -- Preparing best-in-class forecasts, projections, and budgets -- Capitalizing a business : how, when, why, and what -- Part 5: The part of Tens. Ten tips for managers -- Ten tips for reading a financial report.