Understanding Business Accounting for Dummies

by John A. Tracy, Colin Barrow

Not everyone is cut out to be a professional accountant, but those who want to move up the corporate ladder know that they need to master the essentials of accounting. Understanding Business Accounting For Dummies, 2nd Edition makes truly light work of the financial fundamentals that many businesspeople try to bluff their way through every day. The book will show you how to evaluate profit margins, establish budgets, control profit and cash flow, stem losses, manage inventory, make wise financial decisions, survive an audit, and use the latest computer technology to help you manage the bottom line.

This updated edition also includes the latest information on International Financial Reporting Standards, capital budgeting, and break even, plus new advice on how to find financial facts and read company accounts. New sections include links to a number of key business spreadsheets and a new chapter on financing your business.

Genres: Business, Accounting, Reference

424 pages, Paperback

First published September 3, 2004

Reviews

[Inma · Rating 5 out of 5]

It's a great introductory book, but if you have no prior knowledge of accounts it's going to be a bit hard because it goes beyond the basics and it covers a significant amount of material.

From the basics of accounts to more advanced financial ratios and how to read financial statements, it covers many areas it does not assume prior knowledge and it explains everything in a very easy to read manner. So you don't need to have an idea but because all the material it covers it certainly makes it easier if you have already study or read accountancy.

Very good for getting an idea of what goes beyond the bookkeeping, or if you want a refresh your knowledge of accounts, or if you want a good book to learn more about accountancy.

It's the UK version and I'd say 90% to 95% applies without any changes to Ireland.

Excellent, very informative and very easy to read.

[Scott · Rating 3 out of 5]

This reads more like an accounting textbook than a for-Dummies book... And I'm a dummy.

[Ben · Rating 4 out of 5]

Clearly written by two separate people... one significantly better at writing a book like this than the other! Some was very good, some brutality dull and needlessly complicated. Still well worth it for business (if you can make it through!)

[Vincent Van Wylick · Rating 4 out of 5]

It only gets high marks for the country you live in, in my case NL.