Financial Accounting: A Mercifully Brief Introduction
For the person who has no knowledge of accounting and wants to understand the very basics this book is indeed a good brief introduction. The author makes a good point of the fact that most introductory accounting texts spend a great deal of time covering the basics of transaction entry. In today’s marketplace the software packages take care of these details of ensuring double entry occurs and the entries balance. When that information is removed you end up with the very basics of accounting including the basic accounting equation, cash and accrual accounting, receivables and payables, fixed assets, inventory, and financial statements. Explained at a level that a reader with no previous knowledge of accounting can follow the author does provide a mercifully brief introduction that is only the basics needed for everyday work.
Author: Michael Sack Elmaleh
Publisher: Epiphany Communications
12529 Molasses Road
Union Bridge, MD 21791
Copyright: 2006
ISBN: 0976474409
Pages: 124 plus index
Price: $9.95