Understanding Business Accounting For Dummies
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Product Description
Review
“…helps the less financially aware business owner navigate such mysteries as generating income statements, (and)… establishing budgets…” (Independent on Sunday, 19 September, 2004)
--This text refers to an out of print or unavailable edition of this title.
Product Description
Get your head around company finance.
Whether you′re a small business owner or a corporate manager with budget responsibilities, having an understanding of your company′s finances is crucial. This user–friendly guide takes you through all the key elements of UK business accounting, covering everything from evaluating profit margins and establishing budgets to controlling cash flow and writing financial reports.
The third edition has been fully updated throughout and includes brand new content on the emergence of IFRS and dealing with foreign exchange.
The book is organised into five Parts:
Part I: Accounting Basics
Part II: Getting a Grip on Financial Statements (Including cash flow, cash flow statements financial reports, profit and loss accounts)
Part III: Accounting in Managing a Business (Including managing profit performance, budgeting, ownership structures, costs, and difference accounting methods)
Part IV: Financial Reports in the Outside World (All about auditors and advisors, and how investors read financial reports)
Part V: Part of Tens
Inside This Book
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Most Helpful Customer Reviews
42 of 42 people found the following review helpful
Format:Paperback
I've read three books on this subject - Silberger's 10 Day MBA, Finance on a Beermat and this one. Initially I thought it was overly wordy, but after persisting I realised how valuable it is. It is the best of the three I cite. It clearly guides you through all the key concepts, reiterating and reinforcing information as the book progresses, plus using representative examples, particularly for three accounting reports. It is a well thumbed tome for me now. To give you an example of how much it has helped, I went to see my accountant recently to discuss setting up a new business, her comment was 'you really seem to know your stuff, if you talk to investors like that you'll be in a good position to inspire their confidence and get their cash'
17 of 17 people found the following review helpful
Format:Paperback
Colleagues had handed me books on accounting before, which I failed to get to grips with. I have always struggled with getting to grips with the numerical side of what I do for a living. REcently, however, I found myself having no choice to get better at it. Frankly I was desperate and while I'm not the kind of person who thinks of myself as a 'dummy', I hoped that this book would be a miracle pill. Thankfully, it has been really good. The authors clearly lay out the principles and pack the book with simple answers. I also enjoyed the fact that there are plenty of tips rather than a mass of prose (which is what the other books I'd seen before were like). Great effort: someone should give these authors a medal!
11 of 11 people found the following review helpful
Format:Paperback
.... probably dont mix too well. I'm OK at maths but the concept of accountancy was a bit of a mystery to me until I read this book. It has helped me understand the basics of accounting. That was in fairness all I wanted it to do, so I deem it a success as a book. For people that just want a basic level of understanding this is a good buy.
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Most Recent Customer Reviews
Don't buy Kindle Version
I downloaded this to iPad version of Kindle. The text is good an informative, and I would agree with other positive reviews on that. Read more
Published 11 months ago by Paul mclaughlin
Helped me understand a bit Better
This book helped me understand a bit better-alot of examples and questions to help you along- which i did find good.
Published on 14 Jan 2010 by T Leahy
Helpful
Finding this really helpful to cover off areas I've not had too much experience on as yet.
Published on 23 Sep 2009 by LineSieg
Does what it says on the cover
As with most "DUMMIES" books, this one gives you a good overview of the topic and a basic level of understanding of the subject. Recommended.
Published on 20 April 2009 by MacAndy
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