Think Like An Accountant: A Non-accountant's Guide to Accounting

Think Like An Accountant: A Non-accountant's Guide to Accounting PDF Author: Shubhasish Das
Publisher: Notion Press
ISBN: 9781647338381
Category : Business & Economics
Languages : en
Pages : 124

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Book Description
Are you struggling to understand accounting and don't know why? Then you are in the right place. The sole purpose of this book is to lead you from confusion to clarity. Accounting is simple to understand if you master the thinking process required for accounting. This book is for you if: You have spent hundreds of dollars on several books and coaching classes but still not clear about the basics of accounting. You are working as an accountant and feel your work is difficult since you don't have proper grasp over practical accounting. You are a non finance manager and want to understand the basics of accounting in a short period of time. You are an entrepreneur and want to make yourself comfortable with the 'language of business'. After reading this book: You will be able to understand the thinking process required to record a transaction. You will grasp the thinking process behind critical accounting principles such as accrual principle, matching principle etc. You will be able to visualize Journal entries through journal painting (a concept introduced by me). You will be able to write any journal entry that is possible. you will have a firm grasp on adjusting entries like accruals, deferrals, unearned incomes, stock related adjustments, adjustments related to accounts receivables. you will learn to prepare trial balance and adjusting trial balance. you will learn to prepare financial statements- income statement and Balance sheet. And the most important, you will learn how to think like an accountant.

Think Like An Accountant: A Non-accountant's Guide to Accounting

Think Like An Accountant: A Non-accountant's Guide to Accounting PDF Author: Shubhasish Das
Publisher: Notion Press
ISBN: 9781647338381
Category : Business & Economics
Languages : en
Pages : 124

Get Book Here

Book Description
Are you struggling to understand accounting and don't know why? Then you are in the right place. The sole purpose of this book is to lead you from confusion to clarity. Accounting is simple to understand if you master the thinking process required for accounting. This book is for you if: You have spent hundreds of dollars on several books and coaching classes but still not clear about the basics of accounting. You are working as an accountant and feel your work is difficult since you don't have proper grasp over practical accounting. You are a non finance manager and want to understand the basics of accounting in a short period of time. You are an entrepreneur and want to make yourself comfortable with the 'language of business'. After reading this book: You will be able to understand the thinking process required to record a transaction. You will grasp the thinking process behind critical accounting principles such as accrual principle, matching principle etc. You will be able to visualize Journal entries through journal painting (a concept introduced by me). You will be able to write any journal entry that is possible. you will have a firm grasp on adjusting entries like accruals, deferrals, unearned incomes, stock related adjustments, adjustments related to accounts receivables. you will learn to prepare trial balance and adjusting trial balance. you will learn to prepare financial statements- income statement and Balance sheet. And the most important, you will learn how to think like an accountant.

Think Like an Accountant

Think Like an Accountant PDF Author: Shubhasish Das
Publisher: Createspace Independent Publishing Platform
ISBN: 9781724754349
Category :
Languages : en
Pages : 120

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Book Description
Are you struggling to understand accounting and don't know why? Then you are in the right place. The sole purpose of this book is to lead you from confusion to clarity. Accounting is simple to understand if you master the thinking process required for accounting. I have seen students struggling in advance statges of accounting, i have seen working professionals facing difficulty to understand advance concepts and i have been a victim myself. This is because we lack clarity in the fundamentals. It is rare to find an accounting book which is focoused on building basic thinking skills required to do accounting.This book doesn't dive deep into the advance accounting but it takes you back to the very foundations of accouinting. After reading this book: you will be able to understand the thinking process required to record a transaction. You will grasp the thinking process behind critical accounting principles such as accrual principle, matching principle etc. You will be able to visualize Journal entries through journal painting(a concept introduced by me). You will be able to write any journal entry that is possible. you will have a firm grasp on adjusting entries like accruals, deferrals, unearned incomes, stock related adjustments, adjustments related to accounts receivables. you will learn to prepare trial balance and adjusting trial balance. you will learn to prepare financial statements- income statement and Balance sheet. And the most important, you will learn how to think like an accountant.

Profit First

Profit First PDF Author: Mike Michalowicz
Publisher: Penguin
ISBN: 073521414X
Category : Business & Economics
Languages : en
Pages : 225

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Book Description
Author of cult classics The Pumpkin Plan and The Toilet Paper Entrepreneur offers a simple, counterintuitive cash management solution that will help small businesses break out of the doom spiral and achieve instant profitability. Conventional accounting uses the logical (albeit, flawed) formula: Sales - Expenses = Profit. The problem is, businesses are run by humans, and humans aren't always logical. Serial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to flip the formula: Sales - Profit = Expenses. Just as the most effective weight loss strategy is to limit portions by using smaller plates, Michalowicz shows that by taking profit first and apportioning only what remains for expenses, entrepreneurs will transform their businesses from cash-eating monsters to profitable cash cows. Using Michalowicz's Profit First system, readers will learn that: · Following 4 simple principles can simplify accounting and make it easier to manage a profitable business by looking at bank account balances. · A small, profitable business can be worth much more than a large business surviving on its top line. · Businesses that attain early and sustained profitability have a better shot at achieving long-term growth. With dozens of case studies, practical, step-by-step advice, and his signature sense of humor, Michalowicz has the game-changing roadmap for any entrepreneur to make money they always dreamed of.

Accounting Savvy for Business Owners (Large Print 16pt)

Accounting Savvy for Business Owners (Large Print 16pt) PDF Author: Cpa Philip B. Goodman
Publisher: ReadHowYouWant.com
ISBN: 1458784800
Category : Business & Economics
Languages : en
Pages : 314

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Book Description
Addressing a common problem for small-business owners, this accessible handbook is the key to understanding the ins and outs of accounting. Demonstrating how to correctly maintain records and apply bookkeeping rules, this guide demonstrates how to keep track of all financial matters and monitor the overall health of any business. Avoiding complex and burdensome accounting jargon, this clear and concise overview translates the essentials into practical business language, answering the most frequently asked questions presented to accountants by small-business owners today. Topics covered include accounting components such as sales, expenses, assets, liabilities, and owners' profits.

Not Just an Accountant

Not Just an Accountant PDF Author: Vinod Rai
Publisher: Rupa Publications
ISBN: 9788129134615
Category : Political Science
Languages : en
Pages : 267

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Book Description
Not just an accountant is an incisive, no-holds-barred account of Indias eleventh comptroller and auditor general and a symbol of the anti-corruption movement, Vinod Rai. Through a narrative, rich in anecdote and inside information, Rai sheds light on the major scams that shook the country. Among the case studies-chosen for the diversity of failures they highlight are - the procedural irregularities in the issuance of licenses for second generation spectrum allotment, the last minute quick-fixes in the conduct of the XIX commonwealth games, the loss of national resources while allocating coal blocks, the flouting of systems and the clear display of crony capitalism in the exploration of hydrocarbon and the tragic tale of civil aviation in India. Through these illustrations, Rai wishes to not only expose government malfeasance, but also probe the mandate of the CAG as a watchdog. Equally, he hopes to push for long-term solutions to corruption and bring home the urgent need for ethics-for the pursuit of excellence, accountability, probity and transparency within governments, the bureaucracy, corporate enterprises and public life. Interesting facts A blow-by-blow, explosive, yet thoughtful account that sheds new light on the scams that shook India - 2G, coalgate, civil aviation, the conduct of the XIX commonwealth games and hydrocarbon contracts. Explodes the myth of accountability in contemporary Indian governance. Written by the eleventh CAG of India and a symbol of the anti-corruption movement, Vinod Rai. Presents long-term solutions for the future, so as to contain procedural irregularities within the government and corporate enterprises. Provides a roadmap for good governance, important for the growth of the nation. Exhorts younger professionals / administrators to strive for excellence.

Accounting Comes Alive

Accounting Comes Alive PDF Author: Mark Robilliard
Publisher: Accounting Comes Alive
ISBN: 1450769624
Category : Business & Economics
Languages : en
Pages : 64

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Book Description


Accounting for Non-Accountants

Accounting for Non-Accountants PDF Author: Wayne Label
Publisher: Sourcebooks, Inc.
ISBN: 1402273053
Category : Business & Economics
Languages : en
Pages : 142

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Book Description
A Quick, Compact, and Easy-to-Understand Resource for Non-Accountants! The perfect financial accounting guide for beginners! Accounting for Non-Accountants is the must-have guide for all of us who have never taken an accounting class, are mystified by accounting jargon, and have no clue about balance sheets, income statements, payroll management, corporate taxes, or statements of cash flows. This simple to use accounting book is bookmaking made simple. Whether you own a business, plan on starting one, or just want to control your own assets, you'll find everything you need to know: How to prepare and use financial statements How to control cash flows How to manage budgets How to use accounting ratios How to deal with audits and auditors interpret financial statements Let this book help you like it helped these readers: "Dr. Labels explanations are simple and straightforward. " "This will help me a lot as I set up my own business. " "I have worked in accounting for over twenty-five years, and this is the best book I have seen to help people with the basics of accounting." For entrepreneurs or anyone who needs to brush up on accounting fast, this book will have you up and running in no time.

Profitable Expectations: An Accountant Rising to the Challenge

Profitable Expectations: An Accountant Rising to the Challenge PDF Author: Douglas T. Hicks
Publisher:
ISBN: 9781735679600
Category : Business & Economics
Languages : en
Pages : 308

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Book Description
THE CEO WANTED A CONTROLLER TO BE MORE THAN JUST AN ACCOUNTANT. WOULD SHE BE ABLE TO MEET THOSE EXPECTATIONS? After three years on the job, Marcella was comfortable and confident in her role as controller of PlumbCo, a $20 million manufacturer and distributor of plumbing products. That all changed, however, when a new CEO arrived and she found that his view of a financial executive's role was dramatically different than that of her previous boss. He expected her to not only be a highly effective accountant, but also a dynamic, value-adding member of PlumbCo's management team. Could she move beyond the "controller" stereotype and become a true management accountant, not just a "bean counter?" Her financial accounting background had not prepared her for such a role, but a chance meeting with an elderly, one-armed mentor, known simply as "the Major," helped her escape conventional thinking and embark on an adventure that took her into all aspects of PlumbCo's business. What obstacles will she face? What solutions will she develop? Will she see above and beyond an accountant's conventional thinking, rise to the occasion, and meet the CEO's expectations? And what will it take for her to make this transformation?

Accounting Made Simple

Accounting Made Simple PDF Author: Mike Piper
Publisher: Createspace Independent Publishing Platform
ISBN: 9781548494551
Category :
Languages : en
Pages : 118

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Book Description
Accounting by Joe Booth is a developer's guide to basic accounting. Written with business app development in mind, Booth discusses some of the most common accounting processes, including assets, multiple accounts, journaling, posting, inventory, and payroll. An appendix includes SQL code examples to get you started with several basic accounting transactions. This updated and expanded second edition of Book provides a user-friendly introduction to the subject, Taking a clear structural framework, it guides the reader through the subject's core elements. A flowing writing style combines with the use of illustrations and diagrams throughout the text to ensure the reader understands even the most complex of concepts. This succinct and enlightening overview is a required reading for all those interested in the subject . We hope you find this book useful in shaping your future career & Business.

Accounting At Your Fingertips, 2e

Accounting At Your Fingertips, 2e PDF Author: George R. Murray CPA
Publisher: Penguin
ISBN: 1615642587
Category : Business & Economics
Languages : en
Pages : 364

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Book Description
Most small business owners learn early on that it's much cheaper to do their own books (alone or with the assistance of a bookkeeper or accounting clerk) and have them reviewed by an accountant than to have a CPA on staff. With a steady supply of entrepreneurs opening new businesses, there's a real need for a one-stop accounting reference busy owners, bookkeepers, and accounting clerks can use to access the specific information they need quickly and accurately. Accounting at Your Fingertips, Second Edition, helps readers pinpoint the precise information they need on any accounting topic without wasting time. Divided into concise but complete bites that are easy to find and easy to understand, Accounting at Your Fingertips, Second Edition, covers all topics related to the monthly accounting process. Based on the notion that time is the scarcest commodity of all, this book is organized to allow readers the shortest path to the information they need, including: Organization and proper accounting procedures. Creating a chart of accounts and balance sheet accounts. Posting accounts to the general ledger. Reporting assets and expenses. Handling receivables, payroll, and cost of goods and services. Posting salaries, wages, and payroll taxes. End-of-month accounting tasks and procedures. Producing balance sheets, profit and loss statements, and end-of-year payroll reports. Closing the books at the end of the year.