This book uses the case of Miss Yoyo’s coffee shop to illustrate accounting concepts, focusing on the balance sheet, income statement, and cash flow statement along with each item in the statements. Readers can learn systematically and easily grasp relevant financial accounting knowledge, gaining a general understanding of corporate mergers and risk management.This book is divided into 17 chapters covering the following main topics: Balance Sheet - where the money comes from and where it goes; Income Statement - has the company made a profit; Cash Flow Statement - how important is cash flow; Important concepts - accrual basis and double-entry accounting method; Current Assets - speed is the most important; Inventory - should it be turned into cash; Tangible Assets - these are assets that can be seen and touched; Intangible Assets - these are also assets; Liabilities - external resources as well; Owner’s Equity - how much capital is there really; Consolidated Financial Statements - the essence remains unchanged despite all changes; Income Statement - how profits are generated; Three Expenses - does it involve increasing revenue and reducing expenses; Cash Flow - the source of a company’s operation; Financial Indicators - have you truly understood financial statements; From goodwill to corporate mergers; Corporate merger cases.