Your plain-English guide to navigating a financial accounting course Despite the economic landscape and job market, demand for accountants remains strong, and accountants will continue to see high demand for their services as the economy rebounds and businesses grow. Additionally, one of the effects of the economic downturn is a greater emphasis on accountability, transparency, and controls in financial reporting.
With easy-to-understand explanations and real-life examples, Financial Accounting For Dummies provides students who are studying business, finance, and accounting with the basic concepts, terminology, and methods to interpret, analyze, and evaluate actual corporate financial statements.
Covers traditional introductory financial accounting course material Explores concepts accountants and other business professionals use to prepare reports Details mergers and acquisitions purchase and pooling, free cash flow, and financial statement analysis Whether you're a student on your way to earning a bachelor's degree, MBA, or MAcc, Financial Accounting For Dummies gives you a wealth of information to grasp the subject and ace the course.
Got this to augment a textbook - and - well, it's pretty much the textbook (although it actually covered more).
If needed, it might work out better than the textbook for reference since this book is overly repetitive in an attempt to make it possible to drop in anywhere.
I'm not sure if textbooks are getting better in tone and style, or if the topic is just complex enough not to be able to dumb it down.
I wish there had been more explainers. I get the reason for adjusting bond issue prices, but I've yet to find any textbooks that explain it well rather than just jumping into the math. In retrospect, what I wanted wasn't reading two books which were essentially the same - I wanted a book that did a better job of filling in higher level conceptual issues and leaving the textbook to handle the minutia of debits and credits.
If I had to do it again, I'd have found a much shorter book to get me back up to speed and I'll try that with Managerial Accounting.