Skip to main content
Business LibreTexts

14.3: Suggested Resources

  1. Last updated
  2. Save as PDF
  • Page ID
    12440

    • \( \newcommand{\vecs}[1]{\overset { \scriptstyle \rightharpoonup} {\mathbf{#1}} } \) \( \newcommand{\vecd}[1]{\overset{-\!-\!\rightharpoonup}{\vphantom{a}\smash {#1}}} \)\(\newcommand{\id}{\mathrm{id}}\) \( \newcommand{\Span}{\mathrm{span}}\) \( \newcommand{\kernel}{\mathrm{null}\,}\) \( \newcommand{\range}{\mathrm{range}\,}\) \( \newcommand{\RealPart}{\mathrm{Re}}\) \( \newcommand{\ImaginaryPart}{\mathrm{Im}}\) \( \newcommand{\Argument}{\mathrm{Arg}}\) \( \newcommand{\norm}[1]{\| #1 \|}\) \( \newcommand{\inner}[2]{\langle #1, #2 \rangle}\) \( \newcommand{\Span}{\mathrm{span}}\) \(\newcommand{\id}{\mathrm{id}}\) \( \newcommand{\Span}{\mathrm{span}}\) \( \newcommand{\kernel}{\mathrm{null}\,}\) \( \newcommand{\range}{\mathrm{range}\,}\) \( \newcommand{\RealPart}{\mathrm{Re}}\) \( \newcommand{\ImaginaryPart}{\mathrm{Im}}\) \( \newcommand{\Argument}{\mathrm{Arg}}\) \( \newcommand{\norm}[1]{\| #1 \|}\) \( \newcommand{\inner}[2]{\langle #1, #2 \rangle}\) \( \newcommand{\Span}{\mathrm{span}}\)\(\newcommand{\AA}{\unicode[.8,0]{x212B}}\)

    The resources listed provide further information on several topics: financial statements from real-world companies, accounting software and tools, personal finance, accounting organizations, and exams and professional certifications for accountants.

    Sample Financial Statements

    The following income statements and balance sheets show the finances of companies representing the manufacturing, retail, and service industries.

    Manufacturing Company: General Motors

    • Income statement: www.nasdaq.com/symbol/gm/fin...come-statement
    • Balance sheet: www.nasdaq.com/symbol/gm/fin...=balance-sheet

    Retail Company: Costco Wholesale

    • Income statement: www.nasdaq.com/symbol/cost/financials
    • Balance sheet: www.nasdaq.com/symbol/cost/f...=balance-sheet

    Service Company: Prudential

    Accounting Software and Tools

    The resources listed offer a variety of tutorials, training videos, and practice activities using software and tools common in accounting.

    QuickBooks

    Peachtree/Sage 50

    Microsoft Excel

    Financial Calculators

    • HP10B setup video guide: www.youtube.com/watch?v=lmMdRfKre44
    • HP10BII video introduction and examples: www.youtube.com/watch?v=fTqkkeG1xlw
    • HP10B and HP12C time value of money calculations video guides: https://www.youtube.com/user/mssuprof/videos

    Personal Finance

    These resources can assist you with personal financial planning.

    Earnings

    Take-Home Pay

    • Salary calculator that determines your net pay—the amount you’ll take home in your paycheck that you need to plan your budget around. In addition to calculating state and federal taxes, this resource allows you to input other withholdings such as health insurance or 401K contributions: https://www.paycheckcity.com/

    Saving and Retirement Planning

    Determining how much your savings will grow and how much you will have in retirement are very important components of personal financial planning. These links will help you better plan for those aspects of saving.

    Budgeting

    • A well-planned budget is the cornerstone of personal financial planning. Using the salary, pay and savings numbers obtained from the resources above, this calculator will help you create a detailed financial budget: https://www.clearpoint.org/tools/budget-calculator/

    Debt Reduction

    • Whether it is student loans, credit cards, car loans or any other kind of debt, it is always beneficial to understand the impact of differing payments on paying off debt. This resource will help you see the impact of changing the amount paid on the payoff timing and interest paid on the debt: https://www.money-zine.com/calculato...on-calculator/

    Accounting-Related Organizations

    A number of organizations are dedicated to regulating and supporting the variety of work undertaken in the discipline of accounting.

    Accounting Exams and Certificates

    These sites provide information on exams and professional certifications.

    Certified Public Accountant (CPA)

    Certified Management Accountant (CMA)

    Certified Internal Auditor (CIA)

    Certified Fraud Examiner (CFE)

    Chartered Financial Analyst (CFA)

    Certified Financial Planner (CFP)

    • Certified Financial Planners (CFP) Board: www.cfp.net/home

    Contributors and Attributions

    This page titled 14.3: Suggested Resources is shared under a CC BY-NC-SA license and was authored, remixed, and/or curated by OpenStax via source content that was edited to the style and standards of the LibreTexts platform; a detailed edit history is available upon request.

    1. Back to top
    • Was this article helpful?

    Recommended articles

    1. Article type
      Section or Page
      Author
      OpenStax
      License
      CC BY-NC-SA
      OER program or Publisher
      OpenStax
      Show TOC
      no
    2. Tags
      1. Shareholders
      2. source@https://openstax.org/details/books/principles-finance