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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
Accounts Demystifed
The Astonishingly Simple Guide to Accounting
Anthony Rice
7th edition
'Trust me - no other book makes the subject as simple and clear. '
Jamie Reeve, Chairman, The Great Little Trading Company
'It's like a fog has been lifted... I suddenly get it and I'm only at Page 10'
Paul Sanett
Development Director, Europe & Africa
Hilton Worldwide
Accounting is generally viewed as a highly technical and complex subject. However, accounts are actually based on simple principles. It's not company accounts that are complex, it's all too often the way they are explained.
In this simple, easily absorbed, clearly explained book, the author guides you through all the major accounting concepts. Discover how to master company accounts; understand balance sheets, profit and loss accounts and cash flow systems; learn to analyse and monitor your company's financial performance.
Now in its 6th edition, 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
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.
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.
Highly Recommended.
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