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| Financial Accounting: A Mercifully Brief Introduction | 
 enlarge | Author: Michael Sack Elmaleh
Creator: Jeremy Willis
Publisher: Epiphany Communications
Category: Book
List Price: $9.95
Buy New: $6.71
You Save: $3.24 (33%)
Buy New/Used from $6.65
Avg. Customer Rating:  (7 reviews)
Sales Rank: 111006
Languages: English (Original Language), English (Unknown), English (Published)
Media: Paperback
Edition: 1st
Pages: 144
Shipping Weight (lbs): 0.6
Dimensions (in): 9 x 7.3 x 0.5
ISBN: 0976474409
Dewey Decimal Number: 657
EAN: 9780976474401
ASIN: 0976474409
Publication Date: July 22, 2006
Availability: Usually ships in 1-2 business days
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| Editorial Reviews:
Product Description
A concise, readable and irreverent introduction to financial accounting. The book uses easy to understand examples that gives the reader the "why" behind accounting principles...not just the "how". The reader is alerted to the limitations of accounting as well as its strengths. The book describes some of the most common forms of accounting frauds.
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| Customer Reviews: Read 2 more reviews...
 Excellent introduction to accounting January 15, 2008
This book is a great crash course in beginning accounting. I recommend it to anyone that needs a head start in understanding accounting principles.
 Extraordinarily Informative & Useful March 10, 2007
3 out of 3 found this review helpful
This book is an informative and well-written primer on a range of important concepts necessary to "get a handle on" the financial basics that small business owners and allied professionals frequently confront.
The author successfully employs humor in developing scenarios, examples and explanations which remain in the reader's mind and make these often times abstruse subjects understandable.
The Summaries, Exercises and Problems sections of the book are particularly effective teaching tools. I found the most interesting and useful chapters to be Chapter One (Introduction: Difficult Measurement Problems), Chapter 7 (Fixed Assets and Depreciation Methods) and particularly Chapter 10 (Financial Statement Reliability) for its treatment of embezzlement prevention and related issues.
I have practiced law for almost 33 years and have represented many small businesses during that time. I am pleased to have encountered this book, which I will highly recommend as a very helpful tool for business owners and others in understanding, approaching and evaluating accounting issues.
Sara Clarenbach
Attorney, Capitola CA
 NOT TOO INFORMATIVE. March 10, 2007
2 out of 4 found this review helpful
THIS BOOKS HELPS TO BRUSH UP YOUR BASIC ACCOUNTING 101. BUT NEEDS MORE EXAMPLES TO MAKE THE READER COMPREHEND. OVERALL NOT BAD.
Good Introduction to the basics January 20, 2007
5 out of 5 found this review helpful
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.
Help Is Here November 27, 2006
4 out of 4 found this review helpful
This is a great book for small businesses. I've started recommending it to my clients who are doing their own bookkeeping (and all you professionals know what a nightmare that is!) and to bookkeepers who find themselves doing balance sheet accounting without a good background in the real story of debits and credits. This book covers the basics in an accessible, jargon-less prose yet still covers the essential points. I'm suggesting that this be a reference book my clients keep in their offices. That way they have a quick reference guide for themselves or their employees. Hopefully, when they go through 3 bookkeepers in a year the learning curve will be less steep than usual for the new employees, and I'll get fewer "just a quick question" phone calls during tax season.
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