Learn to speak fluent finance―and ace your exams! Warren Buffett said that "accounting is the language of business." And for many accounting and business students, the obscure terminology of accounting makes fluency hard to achieve. Financial Accounting For Dummies can help to demystify abstract concepts in a straightforward, friendly way. With step-by-step examples and real-world scenarios practice, it helps you grasp the fundamentals of accounting until you're ready to interpret, analyze, and evaluate corporate financial statements like you've been doing it all your life. Packed with easy-to-understand examples, this book takes you from the big three financial statements all the way through to income taxes. Or join the anti-fraud squad by discovering how to spot the ten most common accounting shenanigans. Whether you're studying for your bachelor's, MBA, or MAcc, you’ll find everything you need to speak the language of finance like a native―and use it to get to wherever you want to go!
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.