prolog
To all the Anyoungs in this world

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〈Preparation Stage〉 Let's Create Our Household Financial Statements
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001 A company's financial health can be determined by looking at its financial statements.
002 Let's create an income statement using year-end tax settlement data.
003 Criteria for Recognizing Revenue and Expenses
004 How much is our household's total assets?
005 Why Corporate Accounting Seems Difficult

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〈First Yard〉 Accounting Common Sense
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006 The accounting period is from January 1 to December 31?
007 The Difference Between Capital and Assets
008 Borrowings and Debt
009 Criteria for dividing current and non-current assets
010 Are revenues and expenses movements of cash?
011 What is the difference between revenue and profit?
012 Where can I find corporate financial statements?

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〈Second Yard〉 The Beginning of Accounting: Assets = Liabilities + Capital
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013 Principles of Super-Simple Double-Entry Bookkeeping
014 Accounting is complete if you know only 16 cases.
015 Four Cases of Asset Increase
016 Four Cases of Debt Reduction
017 Four Cases of Capital Decrease
018 Four Cases in Which Costs Occur

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When running the “Third Yard” business
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019 Start a business by investing capital
020 investment received
021 employees were hired
022 We research and develop new products.
023 We are looking to grow our company through mergers and acquisitions.

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〈Fourth Yard〉 When acquiring assets
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024 I bought land
025 Get a loan to build a factory
026 I will depreciate it as much as I use it.
027 Sold the assets I was using

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When producing and selling products in the 〈Fifth Yard〉
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028 Inventory held for sale
029 Purchased raw materials for production
030 Determine the unit cost method for inventory assets.
031 We make and sell products
032 customers purchased the product
033 Accounting for value added tax
034 Managing long-term business sales for more than one year
035 The business partner is not paying the outstanding balance.
036 Product must be discarded
037 Customer returned/refunded the product
I sold product 038 at a discount.

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〈Sixth Yard〉 Cost Management Accounting for Efficient Business Operations
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039 Four Types of Accounting
040 Direct and indirect costs affecting cost
041 Activity costing, which calculates costs for each activity
042 Let's calculate the break-even point.
043 Fixed cost reduction effect that increases profits
044 Let's decide the product selling price.
045 I am making a loss, should I continue selling?
046 What products should I focus on selling?

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When investing by managing funds in the 〈Seventh Yard〉
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047 Companies also invest according to their investment tendencies.
048 Invest in savings
049 Invest in stocks and bonds
050 Invest in real estate

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〈Eighth Yard〉 Prepare a balance sheet and income statement.
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051 Types of Current Assets and Accounting Treatment Examples
052 Types of Non-Current Assets and Accounting Treatment Examples
053 Types of Current Liabilities and Accounting Treatment Examples
054 Types of Non-Current Liabilities and Accounting Treatment Examples
055 Types of Capital and Accounting Treatment Examples
056 Preparation of income statement and accounting treatment summary

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〈Ninth Yard〉 Analyzing the company's financial statements
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057 Why You Should Know How to Read Financial Statements
058 Let's review financial stability.
059 Let's classify accounts for financial statement analysis.
060 Let's read the income statement properly.
061 What's important in non-business areas
062 Let's find the financial ratios.
063 Let's analyze the cash flow statement.

Why I Encouraged Ahn Young-yi of "Misaeng" to Study Accounting
Without accounting, there is no growth or success!

Accounting is essential for career success.
To even hope for an executive promotion, you need to develop the ability to see the company's overall numbers, as well as determine how a certain action contributes to increasing the company's assets and revenue, reducing costs and liabilities, and so on.
Of course, there is no big problem if you do well only within your own department, but there are bound to be limits to your growth.
The results of all activities occurring within a company are ultimately expressed as assets, liabilities, revenues, and expenses.
That is why all members of a company are inseparable from accounting.
This means that you should know this to some extent, regardless of your major.
Some companies provide financial training to new employees, but most provide training to those above a certain level.
If you reach a position of mid-level management or higher, you will need to collaborate with other departments and understand the overall flow of the company.
Many companies require accounting studies even for people in seemingly unrelated departments, such as IT departments, shipbuilding departments, and raw materials purchasing departments.


Understand through stories and apply them to real business cases!
"Accounting: Just Follow": Killing Two Birds: Practice and Analysis

For non-majors who need to study accounting and business analysis for career growth, it's best to understand seemingly difficult theoretical content through common sense while applying it to your own economic activities.
Then, if you look at various cases of famous companies, it will become clear.
This book approached it that way.
So, you will be able to kill two birds with one stone: practical and analytical.
I also included the cost management accounting part, which is frequently covered in the company, in the hope that it will be helpful for your career.
If you're good at management accounting at your company, you'll be on the road to success faster, so get a pen and a notebook and try solving the calculation problems in "Just Follow Along."
Accounting is a mountain that must be overcome at some point.
Don't give up halfway through, and make sure to conquer it this time.
I hope this book will help you lighten your steps and plan for the future.