Find all of the following explained in Plain-English with no technical jargon:
- The Accounting Equation and why it's so significant
- How to read and prepare financial statements
- How to calculate and interpret several different financial ratios
- The concepts and assumptions behind Generally Accepted Accounting Principles (GAAP)
- Preparing journal entries with debits and credits
- Cash method vs. accrual method
- Inventory and Cost of Goods Sold
- How to calculate depreciation and amortization expenses
I took an accounting class last year and shamefully failed! I just could not understand the basic concepts to get from chapter to chapter. College Accounting classes for some reason expect you to have some basic understanding but I didn't and I'm sure there are many like me. So I bought this and other book to see if it would help. So far this is the only book that I understand. And everything seems to make sense to me now. I would recommend this book to anyone who's planning on taking an accounting course for the first time. I plan on retaking the class and now I feel confident going back in. THANK YOU MR.PIPER!!!
This book gives you a quick tour of the ins and outs of accounting. Great introduction on the basics and keeps it simple. Short enough to be read in a day. I highly recommend this to any one looking for a crash course in accounting.
I bought this book because I needed a review of accounting for my business. It does what it claims -- explains accounting in just a few hours. Well written and easy to understand.
Product Details :
- Paperback: 114 pages
- Publisher: Simple Subjects, LLC (2013)
- Language: English
- ISBN-10: 0981454224
- ISBN-13: 978-0981454221
- Product Dimensions: 0.3 x 4.9 x 7.9 inches
More Details about Accounting Made Simple: Accounting Explained in 100 Pages or Less, 1st Edition
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