by John A., CPA Tracy
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Product Description
Learn the basics of practical accounting easily and painlessly with Accounting For Dummies, 4th Edition, which features new information on accounting methods and standards to keep you up to date. With this guide, you can avoid accounting fraud, minimize confusion, maximize profits, and make sense of accounting basics with this plain-English guide to your accountant’s language. Understand how to manage inventory, report income and expenses for public or private companies, evaluate profit margins, analyze business strengths and weaknesses, and manage budgets for a better bottom line.
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Average Customer Review:
0 of 0 people found the following review helpful:
 Helpful Book!, 2008-08-17
Great book. It helped me understand accounting and it was easy to pick up the tricks and the trades of this course.
1 of 1 people found the following review helpful:
 Great book - very simple., 2007-06-05
Great book. I can't do math (I went to private school) but even I was able to follow the clear, well written formulas in this book.
6 of 7 people found the following review helpful:
Great Book!, 2006-11-07
This is a great accounting book, but I work in a government office and the procedures here are very different that what is depicted in the book. I found some sections very helpful though and if I worked at a small business and was required to set up an accounting system this would have been that perfect book.
26 of 26 people found the following review helpful:
Excellent ... for certain purposes, 2006-07-26
Accounting for Dummies is an excellent book for dummies to understand accounting practices, not necessarily perform accounting yourself. Whether this book will be helpful or not depends on your educational goal.
If you are a small business and want to learn how to "keep the books," this book isn't for you. I think Idiot's Guide to Accounting is more geared for that.
However, If you want to learn the termonology and ideas behind accounting practices this is good. I'm a graduate business student who never had accounting in undergraduate classes. This book was very helpful in "getting me caught up." It also helps you learn to read and understand a financial statement as well.
The book is also well read, easy to read and follow. Termonology is clearly explained and future mention of those ideas have references back to the original explanation. There is a good glossary in the back and the index is very complete.
9 of 9 people found the following review helpful:
Great Overview, 2006-07-10
I am an entry-level financial analyst straight out of college with little accounting experience (due to a broad liberal arts education) and who had never read the 3 financial statements prior to working. This book was my savior. It explains accounting on a conceptual level, which has been perfect for me. Great for an analyst, not the book for an auditor, obviously. It's great for someone who wants to learn to analyze and become proficient/literate at reading the statements, not for someone who wants to know exactly how to do bookkeeping (which is exactly how the author qualifies his book in the beginning). I'm a big fan of John Tracy's writing, which is easy to read and concise. This book led me to read his other accounting book, "How to read a Financial Report," also a great read.
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