Prof. Dr. Carsten Berkau teaches accounting at Osnabrück University UAS and in South Africa, Malaysia, South Korea and China. Further books: Financial Statements, Bilanzen and Management Accounting.

This textbook introduces you to international bookkeeping and accounting. It is designed as self study material and covers the syllabus of an introductory class in accounting. After studying the basics, you are well prepared to keep bookkeeping records and prepare financial statements like the balance sheet, the income statement, the cash flow statement and the statement of changes in equity.

1 Conventions2 Cafeteria Example and what is on the Balance Sheet3 Shareholders' View4 Legal Aspects of Accounting5 The Excel Accountant6 Introduction to Balance Sheet and Income Statement7 Activities on the Asset Side of the Balance Sheet8 Activities on Both Sides of the Balance Sheet9 Profit and Loss Activities10 Introduction to T-Accounts for Items on the Balance Sheet11 T-Accounts for Profit and Loss12 Introduction to Bookkeeping Entries13 Special Asset Accounts14 Special Equity Accounts15 Special Liability Accounts16 Reconciliation Accounts17 Depreciation18 Further Expenses and Accruals19 Accounting for Labour20 Trading Business - Purchases and Returns21 Trading Business - Purchases and Returns plus VAT22 Trading Business - Sales and Returns23 Trading Business - Sales and Returns plus VAT24 Privately-owned Business: Drawings25 Production Firms26 Inventory Systems27 Cost Formulas28 Income Statement Following the Cost of Sales Format29 Trial Balance30 Tax Calculation, Profit Appropriation and Changes in Equity31 Multiple-Period Bookkeeping32 Introduction to Statements of Cash Flows33 Establishment of a Business and Legal Form Changes34 Liquidations35 Disposals36 Discounts and Rebates37 Cash Book: Reconciliation with the Bank Statement38 Petty Cash Book39 Books of Original Entry

This textbook introduces you to international bookkeeping and accounting. It is designed as self study materials and covers the syllabus of an introductory class in accounting. After studying the Basics, you are well prepared to keep bookkeeping records and prepare financial statements like the balance sheet, the income statement, the cash flow statement and the statement of changes in equity.All chapters outline the learning objectives, provide an overview, include case studies and how-it-is-done-paragraphs. They end with a summary, the explanation of new technical terms and a question bank with solutions for checking your learning progress. On the internet, you can find more than 350 exam tasks including solutions as well as youtube-videos from the author.The textbook prepares you to study accounting and assists you with the transition from German bookkeeping to international accounting when qualifying for IFRSs.