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Financial Accounting - Get it Straight (Hardcover, illustrated edition) Loot Price: R716
Discovery Miles 7 160
Financial Accounting - Get it Straight (Hardcover, illustrated edition): Errol Deacon

Financial Accounting - Get it Straight (Hardcover, illustrated edition)

Errol Deacon

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Loot Price R716 Discovery Miles 7 160 | Repayment Terms: R65 pm x 12*

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There is "Accounting for the Dummy's, Accounting for the Idiots" now finally: "Financial Accounting Get it Straight" This book doesn't resemble anything like it on the market today The author realizes that for a basic accounting book to have a place, it must take into account the wide fragmented target audience out there, from those having absolutely zero knowledge of accounting, to small business operators who thought they knew accounting until they met with their professional accountants after the first couple of months in business. The problem is, they didn't speak the accountants' language and didn't have all the parts of the jog saw puzzle. There are those that graduated from college, disliked accounting so much they can only remember there was an allocated time for breaks Now many of these people have invested in rental income properties, their own small businesses and own stocks in public held companies and they need basic accounting. There are those, while not actively practicing accounting or holding positions such a Financial Controller in a corporate environment come across accounting issues in their normal course of business. The book begins with a short History of Accounting clarifying what accounting, as the "Language of Business" can and cannot do for you For those that are intimidated by the thought of accounting terminology, it's pointless in beginning with the Balance Sheet, so he begins by taking an upper middle class family's monthly expenses and lists the major assets as well. In less than twenty pages, including the history of accounting, and how accounting defines itself, takes those every day family items and produces a business style Income Statement andBalance Sheet The vast majority of readers don't need to begin at this level, but this isn't a huge detour in the road Those that do need to begin at this level, they need to get the fear of accounting out of their system and move on and they have had enough time to do this. The author, Errol Deacon doesn't talk about it, but anybody can use the techniques and produce their own and will have an excellent tool done in the privacy of their own home. This book produces a tangible result in less than twenty pages For those that cannot concentrate, or their mind wonders, the author has laid out this entire book in Question and Answer format and where appropriate has expanded. There is a large Question Mark denoting a question. The response is a person conducting a meeting. Just when you are about to ask a question or the mind wonders, there is another question. The publisher hasn't come across a serious book written anywhere close in this format. This could set the trend for the future Question and Answer format doesn't prevent the use of actual Balance Sheets and Income Statements and other illustrations being introduced either. You won't master accounting in twenty five pages, but for those that want proof early in the game that you are not wasting you time completing the book, this is it Now move on T-Accounts, Capitalization, Income Statement (Profit or Loss) and the Balance Sheet. There are dedicated chapters for Inventory, Depreciation, Payroll, Accounts Receivable and Accounts Payable. The last two chapters cover the basic functions for Bonds, leases and an introduction to Off Balance Sheet accounting and the Statement of Cash Flows. Repetition is the mother of learning, and justwhen you don't expect it he will repeat one or more of the three, slogans that help you master this subject There are the Deacon 3Q's, "Timing, Timing Timing" and the other one? You will have to buy the book


Imprint: Deacon Media Company
Country of origin: United Kingdom
Release date: August 2005
Authors: Errol Deacon
Dimensions: 254 x 178 x 17mm (L x W x T)
Format: Hardcover - Cloth over boards
Pages: 256
Edition: illustrated edition
ISBN-13: 978-0-9770173-2-4
Categories: Books > Business & Economics > Finance & accounting > Accounting > Financial accounting
LSN: 0-9770173-2-X
Barcode: 9780977017324

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