Financial Accounting Essentials You Always Wanted to Know: 5th Edition
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Pages: 176 pages
Paperback (ISBN): 9781636510972
eBook (ISBN): 9781949395334
Hardback (Color): 9781636510996
Trim Size: 5.5” x 8.5”
Category: Business & Economics
Author: Kalpesh Ashar
A simple guide to understanding complex financial statements.Financial Accounting Essentials You Always Wanted to Know is back with a new and updated 5th edition! This edition includes two new chapters on the Accounting Cycle. It is a starter pack for new managers and leaders who require a foundational understanding of financial accounting terms and who need to understand why preparing a financial statement is so necessary. After reading this book, managers will be equipped with the critical tools to document finances for shareholders and prepare financial statements for their organization
This book will help one to:
- Understand why financial accounting systems are necessary
- Learn financial accounting systems and terms
- Explore the importance of a Financial Statement
- Learn about the concept of Balance Sheet
- Understand what is an Income Statement
- Learn how to create a Statement of Cash Flows
This 5th Edition contains two new chapters on:
- Accounting Cycle
- End of Accounting Cycle
Each chapter provides clear examples of the financial accounting tools and includes practice examples to help train the reader in the usage of these critical tools.
Kalpesh Ashar is a management consultant and corporate trainer holding an MBA (Dean’s Award Winner) from SPJIMR, one of Asia’s top business schools, and an Engineering degree with honors in Electronics. He has over 24 years of experience in large organizations and start-ups in Asia, USA, and Europe.Kalpesh has worked in several project management roles, like Senior Project Manager, Delivery Manager, and Program Manager. He is passionate about writing on management subjects. His techno-business background gives him a unique position to write on management topics that are easy to understand for non-MBA graduates. His books are authored in a simple to understand manner without unnecessary use of management jargons.
The Self-Learning Management Series is designed to help students, new managers, career switchers, and entrepreneurs learn essential management lessons and covers every aspect of business, from HR to Finance to Marketing to Operations across any and every industry. Each book includes basic fundamentals, important concepts, and standard and well-known principles as well as practical ways of application of the subject matter.
This book contains charts, graphics, tables, summary notes and examples related to each chapter and is very informative. It also contains a glossary at the end of the book for students to comprehend the subjects covered. The systematic organization of accounting principles will help students conquer financial accounting.
-- Jangho Gil, Assistant Professor of Accounting, Monmouth University
If you are interested in learning about accounting and how to analyze a financial statement, this is a great book to start with. Accounting is an essential skill if you intend to go into business. By doing so, you are protecting yourself against unethical or bad accountants. This book has good insights and gets to the point.
-- Xihui Chen, Assistant Professor of Accounting and Finance, Heriot-Watt University
I enjoyed reading Financial Accounting Essentials and I feel that for an overview of the subject matter, this book was well-written. I liked how the book walked the readers through the concepts of accounting.
-- Dr Cheryl A Moore , Mercyhurst University, Assistant Professor of Accounting
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Customer Reviews
Good
Financial Accounting Essentials You Always Wanted to Know provides a “set of bare minimum skills that you need in order to understand financial numbers,” and it does a beautiful job!
I have been considering a career in accounting for awhile and what better way to see if it’s a good fit then by learning some basic accounting skills.
The accounting concepts are put in a simple, and easy to understand format, even for someone like me who has little to no accounting experience. The chapters are very short, with all of the information to the point, as well as a few examples to help bring said points home.
Because of its simplicity, I can see this being a great resource for accounting students and anyone who would like more bookkeeping knowledge.
*I have voluntarily reviewed a copy of this book which I received from the author/publisher through LibraryThing Early Reviewers. All views and opinions expressed are completely honest, and my own.
It is very nice book for a total newbie like me. Remember it teaches you book keeping for company or firm and not individual. It is also USA based and not Indian, though concepts are similar.
nice read, interesting concepts, taught me all that i needed to know and more.
Excellent
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