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Accounts Demystified: The Astonishingly Simple Guide To Accounting
 
 

Accounts Demystified: The Astonishingly Simple Guide To Accounting [Kindle Edition]

Anthony Rice
4.6 out of 5 stars  See all reviews (58 customer reviews)

Print List Price: £16.99
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Product Description

Product Description

An astonishingly simple guide to the fundamental principles of accounting, written specifically for those without a financial background.

 

Simple, easily absorbed and clearly explained, this book will guide you through all the major accounting concepts. You will learn how to master company accounts, understand balance sheets, profit and loss accounts and cash flow systems and how to analyse and monitor your company’s financial performance.

 

This new edition is updated throughout to incorporate changes in accounting regulations and includes a new chapter on keeping personal accounts.

 

Whether you manage a small company, are a trainee accountant, an entrepreneur, a business studies or MBA student, an investor on the stock market or a manager in a big corporation, you will not want to be without this definitive and user-friendly guide to the fundamental principles of accounting.

 

From the Back Cover

 

'Trust me - no other book makes the subject as simple and clear. '

Jamie Reeve, Chairman, The Great Little Trading Company

 

Accounting principles are actually very simple: it’s the rules and terms to describe them that make it all so difficult. But once you’ve mastered the basics, what seemed so complicated before will become logical and even easy.

 

Accounts Demystified shows you how. In twelve simple sessions, designed as practical tutorials with worked examples, you’ll be taken right through the basics of accounting – balance sheets, profit and loss accounts, cash flow statements – to more sophisticated analysis and review. By the final session you’ll be fully equipped to tackle even the trickier aspects of accounting with new-found confidence.

 

Fully updated and now with an accompanying website, this bestselling book is for anyone who wants to be able to understand, digest and talk about numbers, quickly and easily.

For online learning, downloads and updates, go to www.accountsdemystified.com.

 

 


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Customer Reviews

Most Helpful Customer Reviews
76 of 76 people found the following review helpful
5.0 out of 5 stars Fantastically clear 16 Oct 2009
By jakeone VINE VOICE
Format:Paperback|Verified Purchase
I own a couple of businesses but had always left the accounting stuff to my accountants. That's OK up to a point but when you begin to understand the importance of the "numbers" in your business, you cannot, with good conscience, leave it entirely in the hands of others. Whether you like it or not (and I don't), accounts are vital to showing a business what is going wrong, what is going well - and what to do next. No sane business person can ignore this.

Years of "learned helplessness", disinterest and apathy meant I always believed accounting was just something that was beyond me. I tried several books (all of which were very dry) but they all tended to start off simply but become more complex. This book is different and it was this book that finally helped me understand accounting. Whilst it won't make you an accountant (and maybe that's not a bad thing!) it will teach you all you need to know as a business owner or someone working in the accounts department of a small business. I can now talk confidently and more intelligibly about my business figures with my accountant and bank manager but also run my businesses more effectively.

In particular, I liked how the author would often say, "Think of it as X" or "Basically, all it really is, is Y" - that really helped clear up a lot of the concepts and put accounting in "human terms" that were much easier to grasp.

I highly recommend it to any business owner or anyone who has to deal with the day-to-day running of any small-medium business. It will put you in a much better driving position and help you steer your business far more effectively.
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33 of 33 people found the following review helpful
Format:Paperback
I would recommend this book to anyone undertaking Technician level AAT Accountancy.

You will find many of the graphical examples and explanations very helpful.

A very well written book with good examples for those who already understand the fundamentals of accountancy.
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55 of 58 people found the following review helpful
5.0 out of 5 stars Simple - ideal for the novice 6 Feb 2008
Format:Paperback
As an accounting dunce, I've tried to read a lot of books about basic accounting to help improve the skills I need in my business. In my experience, most of these books seem to use a lot of unexplained jargon or fail to put the information into a practical context. This book scores highly on both counts - everything is clearly explained and the examples have been very easy to relate to my own experience.

Highly Recommended.
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9 of 9 people found the following review helpful
By Anna
Format:Paperback
Logical, concise and well written.
Just a great book that explains the fundamentals in a refreshingly digestible way. This has been more help than the £40 textbook for my Accounting course.
Highly recommend.
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12 of 13 people found the following review helpful
5.0 out of 5 stars Outstanding ! 15 Sep 2010
By Fin
Format:Paperback|Verified Purchase
This is a really excellent book. I bought two books from Amazon at the same time - 'The Definitive Guide to Busines Finance' and this one. I only got as far as page 21 before I had completely lost interest in The Definitive Guide - what a load of waffle. By comparison I could hardly put Accounts De Mystified down. By day two I had a set of company accounts analysed and set out on in Excel on my PC. I then went on to analyse and trend key areas of the business over the last 5 years.

I have done some accounts training in the past but there were areas that I never totally understood. P&L's I can do in my sleep but I struggled with Balance Sheets. De Mystified makes it all so simple with lots of visual explanations and simple worked examples. The style is more like a patient friend taking you slowly through the basics and then on to more complicated full business accounts but always checking that you're keeping up.

Buy this book, you wont be disappointed and may even be surprised. I hope, like me, you find it's all a lot simpler than you thought.
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13 of 14 people found the following review helpful
5.0 out of 5 stars Excellent 11 Nov 2011
Format:Paperback
Finally! A book that actually does what it says on the cover. It REALLY does demystify accounts. Profit and loss I always understood but balance sheets I could never understand but now finally I do! Highly recommend !!
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4 of 4 people found the following review helpful
5.0 out of 5 stars A must buy!! 27 Sep 2010
Format:Paperback
A fantastic book, so easy to read and the explanations are very clear. I read this book as a complete novice to accounting before I started a college course. It helped me feel like I knew something before I started and actually gave me most of the basic information I need for the course!
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4 of 4 people found the following review helpful
5.0 out of 5 stars Fantastic 12 Oct 2010
Format:Paperback
Simple, well written and easy to follow. Having never looked at accounts before they are beginning to make sense - all thanks to a few hours reading this book! Excellent work.
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Most Recent Customer Reviews
5.0 out of 5 stars Five Stars
Very reliable. Everything as promised.
Published 1 month ago by Roman Zurutuza
5.0 out of 5 stars Brilliant book, great concept used for making understanding it ...
Only a few chapters in and my understanding has improved. Brilliant book, great concept used for making understanding it easier.
Published 1 month ago by Denyse
4.0 out of 5 stars Excellent book. Well worth reading and keeping handy on the shelf
In this simple, easily absorbed, clearly explained book, Rice guides us through all the major accounting concepts. Read more
Published 4 months ago by Birolli
5.0 out of 5 stars Loved it
It was very useful, easy to understand. I would recommend to everyone who thinks to start to learn accounting. .
Published 4 months ago by Andrea Korodi
5.0 out of 5 stars So far so good
I haven't completed the book yet but so far it is very good. This is my first book I have purchased based on accounts and I am starting to understand how it all works.
Published 4 months ago by Charlene
5.0 out of 5 stars A clear, layman's guide to company accounts and their analysis.
I bought this book to try to gain some knowledge of how best to read and analyse company accounts, and thereby to assess the financial strength of a company. Read more
Published 6 months ago by Willliam, Oxford
5.0 out of 5 stars 5 Stars rating,
It appears so simple and easy to understand, it take away the fright that one usual think that accounting is only understood by clever people. Read more
Published 9 months ago by Ransford Bowen-Wright
1.0 out of 5 stars NO Good
Was looking for a book that might help me prepare for AAT level 2. I would probably been better off with a book on Cooking than this!
Published 9 months ago by 'onest 'arry
4.0 out of 5 stars The definitive guide to accounting
Like I said, in order to understand and unravel that mess of numbers and technical words, first open the book and then start to read and ... well and that's all folks!
Published 9 months ago by Rafael
4.0 out of 5 stars Accounts Demystified
Very good book which explains what I thought was difficult is actually quite straightforward. Examples of different types of accounts, jargon buster etc. Read more
Published 10 months ago by Lizzy
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