Product Description
A concise, readable and irreverent introduction to financial accounting. The book uses easy to understand examples that gives the reader the “why” behind accounting principles…not just the “how”. The reader is alerted to the limitations of accounting as well as its strengths. The book describes some of the most common forms of accounting frauds…. More >>
Financial Accounting: A Mercifully Brief Introduction
Tags: Accounting, accounting frauds, accounting principles, Brief, Financial, Introduction, introduction to financial accounting, irreverent introduction, limitations of accounting, Mercifully
#1 by boytoy on March 25, 2010 - 3:56 am
THIS BOOKS HELPS TO BRUSH UP YOUR BASIC ACCOUNTING 101. BUT NEEDS MORE EXAMPLES TO MAKE THE READER COMPREHEND. OVERALL NOT BAD.
Rating: 3 / 5
#2 by Stephen Sykes on March 25, 2010 - 4:30 am
I read this book when I was starting my own business and trying to figure out how to use Quick Books. Accounting terminology and logic take a while to get comfortable with. But when you’re setting up your business software, you don’t have that kind of time. If you get it wrong, it’s hard to untangle later on. This book really helped me get a solid footing. The author also understands that this probably isn’t the most exciting topic in the world. So, he’s brief, humorous and to the point.
Rating: 5 / 5
#3 by Donna M. Troiano on March 25, 2010 - 5:13 am
This book is a great crash course in beginning accounting. I recommend it to anyone that needs a head start in understanding accounting principles.
Rating: 4 / 5
#4 by Daniel J. Guilfoil on March 25, 2010 - 7:36 am
It is refreshing to read an accounting text with a liberal arts background. This author challenges you to think about what is useful to accounting but also its abuses. Good introduction for the curious reader.
Rating: 4 / 5
#5 by Sara Clarenbach on March 25, 2010 - 10:28 am
This book is an informative and well-written primer on a range of important concepts necessary to “get a handle on” the financial basics that small business owners and allied professionals frequently confront.
The author successfully employs humor in developing scenarios, examples and explanations which remain in the reader’s mind and make these often times abstruse subjects understandable.
The Summaries, Exercises and Problems sections of the book are particularly effective teaching tools. I found the most interesting and useful chapters to be Chapter One (Introduction: Difficult Measurement Problems), Chapter 7 (Fixed Assets and Depreciation Methods) and particularly Chapter 10 (Financial Statement Reliability) for its treatment of embezzlement prevention and related issues.
I have practiced law for almost 33 years and have represented many small businesses during that time. I am pleased to have encountered this book, which I will highly recommend as a very helpful tool for business owners and others in understanding, approaching and evaluating accounting issues.
Sara Clarenbach
Attorney, Capitola CA
Rating: 5 / 5