Melanie Cloete and Ferina Marimuthu are knowledgeable in both the education and the accounting fields and have been working as academics at the Durban University of Technology KwaZulu-Natal for more than two decades. It is designed to equip students with a sound basic knowledge of both accounting fields. A Quick, Compact, and Easy-to-Understand Resource for Non-Accountants Accounting for Non-Accountants is the must-have guide for all of us who have never taken an accounting class, are mystified by accounting jargon, and have no clue about balance sheets, income statements, or statements of cash flows. Ortigas Center, Pasig City Accounting Seminar Schedules: Sept 25-26 Oct 30-31 Nov 27-28 Dec 18-19 I. Importance and Legal Basis for the Use of Books of Accounts b. Use and Definition of Each Book of Accounts d.
In our seminar, you will find out which records you should be keeping and how to keep your business records. It does not get any more simplistic than that. Labels explanations are simple and straightforward. Thankfully for my career, I have found it! Using a business that I could understand as an example was a simple way of clarifying the details of an income statement. Thanks for providing such a short book that told me just enough to understand what the bean-counters are talking about without boring me too much. This guide clarifies and simplifies many of the sometimes difficult to understand accounting concepts.
I feel I have become a well-rounded manager after reading the eBook on Basic Accounting Principles. With brand-new coverage of these techniques utilized for the financial and management accounting, like the broader issues connected with accounting, Accounting for Non Accountants is the classic text for anybody who would like to boost their comprehension of business accounts and utilize monetary terms and theories to make better, more educated choices. If you need to read about the topic in depth they can be found on the website too. This can also be an internal document that can be used to make management decisions about almost any activity where you have a record of the money spent and the associated return. This book is free and only 30 pages long. Chapter 6 - Revenue is something that is generated by the business in exchange for goods or services. The content of the existing chapters has been updated and additional tutorial questions that will give students sufficient practice to reinforce their newly acquired knowledge have been provided.
Basic Acounting for non accountants- Melanie Cloeter and Ferina Marimuthu, third edition 3. Miles Norton Told Me Just Enough There comes a point in your career when you realize that you really do need to understand this stuff. Revenue, expenses, and net income were all easily defined and then turned into an equation that I could understand. Every manager relies on the contributions of others both inside and outside of his or her organization. This should be done properly because accurate bookkeeping and accounting will eventually help you plan and grow your company. I was confused about the expenses which have to be accounted for yet where no money is being spent, like depreciation and bad debts.
I want to encourage anyone who needs to learn the basics of accounting to read this book. I hope BusinessCoach will continue to help individuals to excel and have more knowledge. It is a simple book that is very easy to understand. Perhaps the most important thing I realized was how the company spent cash. Designed for non-specialists using very little if any background in bookkeeping, it guides readers through the listing of financial conditions and bookkeeping theories and techniques in a purposeful and easy-to-follow fashion. Engage in intellectual conversations with Businessmen, Accountants, and other Professionals. If you simply search for accounting on the internet you will come up with endless books, articles, terms, and definitions.
This third edition also covers a new topic — capital budgeting. This revised edition includes new topics such as labour, standard costing and time value of money. Contents and Use of Each Basic Financial Statement c. Great resource person — very useful info and very knowledgeable in her field. For instance, I had no idea what accrual based accounting was but I do now.
Cash Receipts Management Chapter 23. It provides a more accurate financial picture, but is more difficult to administer. This book did an excellent job of defining each of those. Once your registration has been approved you will be sent an email and will then be able to request access to the resources you need for a particular book. Some of them I had actually heard of while others I had not.
It is a Business Accounting 101 seminar to equip you with the right knowledge and skill sets for you to fully realize the ins and outs of the financial and management sides of business. You may also be asked to contribute financial data about your own business unit. If you need to learn even more about income statements, balance sheets, or statements of cash, there are specific books related to each of those found on the same website as this book. Product Description Accounting is a system of gathering, analysing, recording, reporting and interpreting financial information that will assist in making informed business decisions. It is essential that you know and can talk about the difference between 'net sales' and 'net income' is more important than you may think. Their eBook on Accounting Principles takes the technical aspect out of financial statements and strips them down to their bare bones.
Jay Pope - Unpleasant surprises are one thing you want to avoid or keep to a minimum, especially when it's to do with your responsibilities at work. The book then went on to describe cash accounting and accrual accounting. You will also be able to request access to the resources of additional books using your profile. Designed for non-specialists with little or no background in accounting, it guides readers through the maze of financial terms and accounting concepts and techniques in a clear and easy-to-follow style. Click Download or Read Online button to get basic accounting for non accountants book now. Join the winning team, we offer full training and a host of other great ben. I learned my lesson and so should you.
The breadth of knowledge required can seem overwhelming. Chapter 8 - An income statement is an accounting of revenue, expenses, and profit for a given period. Maintaining a healthy cash flow balance is as important as retaining profitability. Accounting for Investments Chapter 7. The book begins with income statements. Coming back to my experience, I also learned the meanings of a few basic, yet important accounting terms and principles.