Accounts Demystified: The Astonishingly Simple Guide to Accounting Paperback – 31 Mar 2011
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From the Back Cover
The Astonishingly Simple Guide to Accounting
'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'
Development Director, Europe & Africa
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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Top 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.
I'm a sole trader working in photography and wanted help to understand book keeping. This year will be the first where I would record all expenses and sales in a simple book keeping software, rather than send everything off only at the end of the year to my accountant.
This book was not written for people in my circumstances, and I don't recommend it for anybody in a similar circumstance. It covers very little on book keeping.
I think this book is best for students perhaps in high school considering accounting as a future career and wanting to know more before taking the plunge, or for an investor who wants to buy shares in a company and wants to understand the basics of an annual report, or also maybe for medium-sized business owners who have been putting off understanding accounting and now want to learn about it, or for someone in a company who wants to understand what the accounting department are doing.
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.
Most Recent Customer Reviews
This is a great book as an introduction to Accounting. The setting of characters and their cases sets the scene so I recommend reading the intro properly to understand. Read morePublished 26 days ago by MSinghM
I purchased this book to help with a Management course and have found it to be really useful, particulary as finance doesn't play a big role in my job. Read morePublished 2 months ago by shelley monks
What a fantastic book. With this book I have unlocked the unbelievable power of formal accounting methods for my private life and for my wife's new product business. Read morePublished 4 months ago by Matthew Crocker
Having ran my own businesses for the last five years, I wanted to educate myself on the basics of accounting. Read morePublished 5 months ago by M. N. Goodall
I always thought accounting was a subject too complex to get my head around, but needed to get to grips with it for my own small business and to get an understanding of company... Read morePublished 6 months ago by Baggie
I'll keep it simple. The book starts off great and assumes you don't know a thing about account & finance, which is great. Read morePublished 6 months ago by lean