I have found some of the training that often frustrates most students is to understand and prepare a cash flow statement, income statement and balance sheet. This book is written in a way that really facilitates understanding of the statements, but it would certainly be a plus if the reader had no previous knowledge of basic accounting principles. Managerial Intermediate Accounting Hardcover Financial Accounting and Reporting Textbook
Friday, July 29, 2011
Financial Accounting: Tools for Business Decision Making Hardcover Paul D. Kimmel
If you are new to accounting then this book should definitely be on your list. Explains step by step how to record basic journal entries and how these items relate to the various financial statements (income statement, cash flow ...), in a clear and organized manner. The only reason I am unwilling to rate this book five stars because of the price that most people will use the book as an introduction to accounting is such that it seems a bit expensive. It is also worth noting the problems and examples used in the book are of excellent quality, especially the financial statements set out in Annexes A and B. If you have previous experience in the accounting field I would probably recommend a book on a higher level, but beginners could do no better.
This user-friendly book teaches readers fundamental accounting with an emphasis on the relationship between the formal details and the basic accounting equation. It gives readers the conceptual and procedural accounting tools they need to make sound internal and external business decisions. - This text refers to an out or unavailable edition of this title.
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