Accounting For Dummies (Accounting for Dummies) | 
| Author: John A., Cpa Tracy
Publisher: For Dummies
Category: Book
List Price: $21.99
Buy New: $12.31
You Save: $9.68 (44%)
New (26) Used (6) from $11.90
Avg. Customer Rating:  16 reviews
Sales Rank: 4107
Media: Paperback
Edition: 4
Number Of Items: 1
Pages: 382
Shipping Weight (lbs): 1.4
Dimensions (in): 9.1 x 7.4 x 1
ISBN: 0470246006
Dewey Decimal Number: 657
EAN: 9780470246009
ASIN: 0470246006
Publication Date: June 3, 2008
Availability: Usually ships in 1-2 business days
Shipping: International shipping available
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Product Description
Features new information on accounting methods and standards The fun and easy way to create great financials and boost your bottom line Want to make sense of accounting basics? This plain-English guide helps you speak your accountant's language with ease, minimizing confusion as you maximize profits. You'll see how to manage inventory, report income and expenses for public or private companies, evaluate profit margins, analyze business strengths and weaknesses, and manage budgets for a better bottom line. Discover how to: -
Read income statements and balance sheets -
Analyze profits and cash flow -
Evaluate accounting methods and business structures -
Use ratios to study financial statements -
Avoid accounting fraud
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| Customer Reviews: Read 11 more reviews...
 Great book - very simple. June 5, 2007
1 out of 1 found this review helpful
Great book. I can't do math (I went to private school) but even I was able to follow the clear, well written formulas in this book.
Great Book! November 7, 2006
6 out of 7 found this review helpful
This is a great accounting book, but I work in a government office and the procedures here are very different that what is depicted in the book. I found some sections very helpful though and if I worked at a small business and was required to set up an accounting system this would have been that perfect book.
 Excellent ... for certain purposes July 26, 2006
26 out of 26 found this review helpful
Accounting for Dummies is an excellent book for dummies to understand accounting practices, not necessarily perform accounting yourself. Whether this book will be helpful or not depends on your educational goal.
If you are a small business and want to learn how to "keep the books," this book isn't for you. I think Idiot's Guide to Accounting is more geared for that.
However, If you want to learn the termonology and ideas behind accounting practices this is good. I'm a graduate business student who never had accounting in undergraduate classes. This book was very helpful in "getting me caught up." It also helps you learn to read and understand a financial statement as well.
The book is also well read, easy to read and follow. Termonology is clearly explained and future mention of those ideas have references back to the original explanation. There is a good glossary in the back and the index is very complete.
Great Overview July 10, 2006
9 out of 9 found this review helpful
I am an entry-level financial analyst straight out of college with little accounting experience (due to a broad liberal arts education) and who had never read the 3 financial statements prior to working. This book was my savior. It explains accounting on a conceptual level, which has been perfect for me. Great for an analyst, not the book for an auditor, obviously. It's great for someone who wants to learn to analyze and become proficient/literate at reading the statements, not for someone who wants to know exactly how to do bookkeeping (which is exactly how the author qualifies his book in the beginning). I'm a big fan of John Tracy's writing, which is easy to read and concise. This book led me to read his other accounting book, "How to read a Financial Report," also a great read.
 Misnamed April 7, 2006
16 out of 18 found this review helpful
Although billed as a reference on accounting, this book is very inadequate for that purpose.
There are numerous accounting basics that are not mentioned or only touched on in passing. Among those that are not addressed at all are the following: monetary measurement, separate entity, realization, materiality. There are also other essentials that are missing.
There are several other fundamentals that are not covered adequately. Items in this category include these: FIFO, LIFO, and double entry accounting. Even the three essential reports of accounting - the balance sheet, income statement, and statement of cash flows - are inadequately covered.
This may be ok as a supplement to another book, but it is lacking a bit as a standalone on the subject it purports to cover.
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