KMO Basic Accounting for Information Technology (IT)

By: Kevin O'Neill

Narrated by: Virtual Voice

The following guide is meant to go over the basics of accounting which may be most relevant to one whom works in the information technology field. Topics covered in this guide include: budgets, variable costs, fixed costs, pricing and profit, direct materials budget, direct labor budget, budgeted income statement, budgeted balance sheets, sales budget, production budget, manufacturing overhead budget, cash budget, enterprise services, capital budgeting, discounted cash flow, net present value, discontinue a product, modified internal rate of return and discounted payback period. As an added bonus a section on formulas is listed. Many books on accounting are large and vast in page numbers. For the IT professional this is not realistic from a time and function standpoint. Thus, with an IT mindset and IT experience – this guide provides all in the IT field a treasure trove of vital and important information.