Free PDF , by Greg Shields
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, by Greg Shields
Free PDF , by Greg Shields
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Product details
File Size: 1538 KB
Print Length: 104 pages
Page Numbers Source ISBN: 1546332820
Publication Date: April 22, 2017
Sold by: Amazon Digital Services LLC
Language: English
ASIN: B0722G4CFV
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Amazon Best Sellers Rank:
#47,521 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
Let's qualify; I was hoping for a guide-book (textbook quality) that I could offer as a reference and learning tool to my employees. What I got was a junior-high-school level handbook to double-entry accounting.This is no "ultimate" guide. If you're a non-accounting person, you *might* get some advice and/or a learning opportunity from this pamphlet (that's right -- it's a pamphlet, not a book). Else forget it, and utilize on-line resources and print them out.I've rarely been taken hook-line-and-sinker by a textbook publisher before; but then, these people aren't textbook publishers, they're hustlers.I returned this product, and Amazon gave me a refund. But I'm still out $4.25 for the return shipping. Don't make the same mistake I did.
This book is worse than useless. It is too superficial and covers nothing in any meaningful depth to be useful at all. Rather than covering fundamental accounting topics, this book chooses to fill a lot of space with useless drivel such as various profiles of accountants including where they went to school. Worst of all, this book contains a ton of serious errors that detract from its trustworthiness. For example, it stated that the lower receivable turnover the better when in fact the opposite is true. It also stated that the cost of equity is equal to the dividend yield of the common stock. If that were true, then companies like Google that do not pay a dividend would have zero cost of equity and can raise unlimited funds by simply issuing lots of common stock? Everyone knows that is simply not true and that the cost of equity should be calculated using the CAPM formula. Do not waste your time with this book.
If you looking for the basic information on accounting than this is the publication for you. I have a BS in Accounting from the stone age of college. As I get ready to go into my own business; I decided to do a review of material on accounting. Greg's book was tremendous help. I look forward to reading the rest of his series. I would Highly Recommend this book.
99 easy to read pages with clear examples illustrating financial statements and ratios. I read the whole book on a one hour flight, and had good comprehension.
If you're considering becoming an accountant or want to understand why exactly you are paying your accountant, then this book is perfect -it provides a general overview of financial statements, analysis, and principles followed by the accounting practice.
There were some general spelling errors, but I feel more comfortable diving into a study of accounting than I was before reading.
Very good little book. It defines the difference between accounting and bookkeeping in simple terms.
Accounting: The Ultimate Guide was easy to follow and understand. I just needed the basics and the author fulfilled the job.
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