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Find all of the following explained in Plain-English with no technical jargon: The Accounting Equation and why it's so significant How to read and prepare financial statements How to calculate and interpret several different financial ratios The concepts and assumptions behind Generally Accepted Accounting Principles (GAAP) Preparing journal entries with debits and credits..more
Published December 18th 2012 by Simple Subjects (first published December 1st 2008)
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Accounting made simple but a little bit too simple
This short book will help you understand the basics of financial statements and Generally Accepted Accounting Principles. It's a nice introduction but it felt way too light. It doesn't strike the right balance between brevity and usefulness.
This short book will help you understand the basics of financial statements and Generally Accepted Accounting Principles. It's a nice introduction but it felt way too light. It doesn't strike the right balance between brevity and usefulness.
Jan 20, 2018Baqer Al-katab rated it really liked it
Very simple introduction to beginners supported by examples for most important basics of accounting.
It really explain basic accounting concept in under hundred pages. Not too much detail but you will have good overview of the accounting system of a small business.
Jan 16, 2017David rated it really liked it
Compact and concise, this is probably the best option for those who just want a refresher of accounting. Although I felt like it was lacking in some areas (mainly how to financial statements change over time), I guess I can't really complain because there is only so much you can fit in 100 pages..
Pros:
+ Truly a fast read (can finish in an hour)
+ Hits the basics but nothing more
+ Easy reference material (e.g., well-defined chapters, summary section at the end of every chapter)
Cons:
- Lacking in s..more
Pros:
+ Truly a fast read (can finish in an hour)
+ Hits the basics but nothing more
+ Easy reference material (e.g., well-defined chapters, summary section at the end of every chapter)
Cons:
- Lacking in s..more
Aug 21, 2018InvestingByTheBooks.com rated it really liked it
An introductory text on accounting should in some form or another include: a) the accounting principles that form the normative base, b) bookkeeping procedures that provide the input for the accounting and c) the financial statements that constitute the output. The question is in what order these building blocks should be assembled in order for the reader to best comprehend the whole. The order above is perhaps the most logical but presenting principles before their application risks making them..more
Sep 26, 2018Ye Lin Kyaw rated it really liked it · review of another edition
It is a very simple introduction, but sufficient enough to help me recalling my long lost school time accounting within a very short period of time.
May 24, 2019Mohamed Almahdi rated it really liked it
The book highlights accounting topics with a limited number of good practical cases. Very suitable as an introduction in understanding what accounting means and how it is practiced, although the book is not meant to be deep and abundant in regards to cases of the real world.
Accounting Made Simple Mike Piper Pdf Free Download Full
Mar 03, 2019Toe rated it really liked it
Objective Summary
Piper summarizes the fundamentals of financial accounting in less than 100 pages. Key points:
1. Accounting is the language of business.
2. The Accounting Equation is ALOE: Assets = Liabilities + Owner’s Equity. This equation is always true with no exceptions. Owner’s Equity is just a plug. Through algebra, the accounting equation can be rewritten as: Assets – Liabilities = Owner’s Equity.
3. Cash accounting records revenues when received and records expenses when paid. Accrual acc..more
Piper summarizes the fundamentals of financial accounting in less than 100 pages. Key points:
1. Accounting is the language of business.
2. The Accounting Equation is ALOE: Assets = Liabilities + Owner’s Equity. This equation is always true with no exceptions. Owner’s Equity is just a plug. Through algebra, the accounting equation can be rewritten as: Assets – Liabilities = Owner’s Equity.
3. Cash accounting records revenues when received and records expenses when paid. Accrual acc..more
Dec 27, 2016Chandan Kumar rated it really liked it
I came across this book through Amazon's suggestion while purchasing Thomas Ittelson's popular title. A few reviews were raving about its simplicity; so I thought to have a go at it too.
True to its words, the book is a beautiful primer and a good beginning point for lessons in Accounting. In 100 pages, it does a fantastic job of giving a quick glance through all types of financial statements, and why they are presented in that fashion. Starting from why owner's equity often is nothing more than..more
True to its words, the book is a beautiful primer and a good beginning point for lessons in Accounting. In 100 pages, it does a fantastic job of giving a quick glance through all types of financial statements, and why they are presented in that fashion. Starting from why owner's equity often is nothing more than..more
Feb 18, 2019Mihai Cosareanu rated it really liked it
I think the book is a good glossary for terms in accounting, but if you want to understand the concepts better with examples and exercises, I would recommend this book: https://www.goodreads.com/book/show/4..
Also, if afterwards you want to take these concepts and understand how can you use these in making decisions as a business owner, this book is a good complement for the McGraw Hill Course: https://www.goodreads.com/book/show/5..
Also, if afterwards you want to take these concepts and understand how can you use these in making decisions as a business owner, this book is a good complement for the McGraw Hill Course: https://www.goodreads.com/book/show/5..
It's a great super simple read that I picked up for a coworker that wants to learn accounting and has no experience. I wanted to read it before giving it to her to ensure it wouldn't be completely confusing. For a novice, it's great because each chapter has a brief example of what the accounting procedure would look like in a business setting.
If you're looking to take the CPA exam, this book isn't for you. It's just a VERY broad overview of accounting. Think of this as the cliff notes version o..more
If you're looking to take the CPA exam, this book isn't for you. It's just a VERY broad overview of accounting. Think of this as the cliff notes version o..more
Not really your best choice in case you already have previous accounting knowledge. Even knowing that some of the most basic concept would be simplified and compacted to fit in a short quick and easy-to-read version of such a “dry” discipline like accounting is, some ideas where oversimplified to the extreme of having the reader wonder whether the real book title is “Accounting for (hopeless) dummies”.
Recommended for anyone not having read a word in their lives about accounting. For all other re..more
Recommended for anyone not having read a word in their lives about accounting. For all other re..more
Mar 03, 2019Ryota Bannai rated it liked it · review of another edition
Overview of just basic concepts.
Obviously as the author mentions and given just 100 pages, this book is a simple review of general bookkeeping concepts.
As an accounting beginner, I feel it’s a good purchase because it taught me from the super introductory level, which helps me not to stuck anywhere at all. I recommend this to anyone with zero knowledge and seeking to step up next level without steep learning curve.
Obviously as the author mentions and given just 100 pages, this book is a simple review of general bookkeeping concepts.
As an accounting beginner, I feel it’s a good purchase because it taught me from the super introductory level, which helps me not to stuck anywhere at all. I recommend this to anyone with zero knowledge and seeking to step up next level without steep learning curve.
May 27, 2019Kanisk Nayan rated it it was amazing · review of another edition
Shortest accounting summary you will ever need.
I come from a finance background and every few months, I try to refresh the accounting concepts to stay on top of the game. This book has delivered just that. It has very beautifully summarized complex accounting concepts in just 100 pages which hardly took few distracted days to complete. Great work by the author and kudos to the smart way of writing.
I come from a finance background and every few months, I try to refresh the accounting concepts to stay on top of the game. This book has delivered just that. It has very beautifully summarized complex accounting concepts in just 100 pages which hardly took few distracted days to complete. Great work by the author and kudos to the smart way of writing.
Nov 03, 2017Adam rated it it was amazing
Accounting Made Simple Mike Piper Pdf Free Download Software
Hot dang, learned a thing or two!
Of digestible intro books consumed this one is by far the best. The author in truth knows their biz to such a degree as to get right at the essence. No nonsensical, 'and here's the more complicated case..'. Just straight up leaves that road for a different text.
Learn to be an accountant from here? 9.
Curious about the general idea at the most general level? Yes.
Great for the bus.
Of digestible intro books consumed this one is by far the best. The author in truth knows their biz to such a degree as to get right at the essence. No nonsensical, 'and here's the more complicated case..'. Just straight up leaves that road for a different text.
Learn to be an accountant from here? 9.
Curious about the general idea at the most general level? Yes.
Great for the bus.
May 09, 2019PhongTienVo rated it really liked it · review of another edition
Good book for beginners
It’s a basic book for who just want to learn about accounting generally or have never been studying that topic before. That’s still a good book though. The author has summarized concepts and principles in accounting, and made it easy to understand for readers.
It’s a basic book for who just want to learn about accounting generally or have never been studying that topic before. That’s still a good book though. The author has summarized concepts and principles in accounting, and made it easy to understand for readers.
Jun 23, 2018Stephen Lin rated it it was amazing · review of another edition
Nice little review on all things accounting.
Great book! I needed a review of some accounting concepts and this book did the trick. The key concepts were explained clearly and succinctly. This book is for someone who wants to review some accounting concepts or for someone who just wants a general introduction.
Great book! I needed a review of some accounting concepts and this book did the trick. The key concepts were explained clearly and succinctly. This book is for someone who wants to review some accounting concepts or for someone who just wants a general introduction.
This book contains key concepts that been clearly outlined, which is easy for one to understand, especially on deciphering financial statement and financial ratios. I would recommend it to those who have a non-financial background, it will be worth your time to understand the basics and the building blocks.
A great introductory overview of financial statements, journal entries, and GAAP. The best quick guide with the most bang for buck explanatory teeth and example equations. Not as playful as the accounting game, but has some more info packed into 100 pages.
Jan 22, 2018Joe Rigsby rated it it was amazing · review of another edition
Fantastic read
The only problem that I had was that a few pages were messed up in the reader. Despite that, it was an excellent introduction to accounting. It dispelled some of the mysticism, and rectified some misconceptions that I held.
The only problem that I had was that a few pages were messed up in the reader. Despite that, it was an excellent introduction to accounting. It dispelled some of the mysticism, and rectified some misconceptions that I held.
Really good book. The basics of accounting is clearly given within just 100 pages, the book is also really interesting. One can read this book within 24 hours without getting bored, and get a clear idea about what accounting is.
Very concise overview of the fundamentals of accounting. Easy to understand examples of basic account principles with no fluff.
It’s a good mini reference to keep on hand, if an accounting term is brought up.
It’s a good mini reference to keep on hand, if an accounting term is brought up.
I like the fact that it is simple, straightforward and, yet, not lacking in insight. Why formal education and lengthy course? Just pick up this book and get going.
It brings context and structure for anyone planning to learn accounting via the internet.
It brings context and structure for anyone planning to learn accounting via the internet.
Mar 13, 2018Kate rated it really liked it · review of another edition
Easy, useful
Super basic intro to accounting and bookkeeping. I already knew most of the information, but this book pulled it all together. Recommended if you're starting a business. Took me 3 days to read through at a casual pace.
Super basic intro to accounting and bookkeeping. I already knew most of the information, but this book pulled it all together. Recommended if you're starting a business. Took me 3 days to read through at a casual pace.
Dec 28, 2018Seth Mcdevitt rated it it was amazing · review of another edition
Useful Primer and Reference
My wife is an accountant, and I needed some help with some of the concepts, but that’s because of me and not the book. For 100 pages my wife also thought it an extremely accurate and useful primer on accounting and accounting principals.
My wife is an accountant, and I needed some help with some of the concepts, but that’s because of me and not the book. For 100 pages my wife also thought it an extremely accurate and useful primer on accounting and accounting principals.
A good, quick overview of basic accounting principles. A good read if you are trying to get an overview of what accounting is and how people go about doing it. Also includes some great examples that make the learning concrete.
Job interview primer! I picked this up to review before a job interview so I could at least speak the language. It's a really quick, easy and understandable read.
Seeking Asylum
Great short book, gets to the point with easy examples.
Apr 09, 2019Chaitanya Ponnuru rated it really liked it
This review has been hidden because it contains spoilers. To view it, click here.
Sep 19, 2017Eric Kassel rated it really liked it · review of another edition
A good basic primer to accounting. Not a ton of detail, but if you're brand new to accounting it's a good way to get your feet wet.
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