Accounting the Easy Way
by Peter J. Eisen
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Book Summary Information
Author: Peter J. EisenEdition: Paperback
Audio: English (Original Language); English (Unknown); English (Published)
Published: 2003-10-01
ISBN: 0764119761
Number of pages: 416
Publisher: Barron's Educational Series
Accessories:
- Accounting (EZ-101 Study Keys; 2nd Edition)
- Accounting Handbook (Barron's Accounting Handbook)
- Dictionary of Accounting Terms
Book Reviews of Accounting the Easy Way
Book Review: like taking a shower while wearing a rain coat.
Summary: 1 Stars
I am not an accountant, I'm an engineer. I knew almost nothing about about accounting, but I wanted to learn double entry bookeeping. So before I even read this book, I studied Barron's "Bookeeping the Easy Way".
Having gained an understanding of bookeeping, I then proceed to this book. And what I learned is that accounting has many, many categories of events to be accounted, lots and lots of counter-intuitive conventions, jargon galore, and an unending supply of seemingly arbitrary rules.
What I did *not* learn from this book is that accounting is very logical, an entire system built on two postulates (to borrow some mathematical vocabulary). Happily, I share a 45 minute commute with an accountant friend, and he enlightened me. But without the individual tutoring, I doubt I would have made much progress with this book despite many hours of hard work.
I could forgive this book for obscuring the beauty of accounting, since after all most readers are interesting in acquiring skills, not contemplating beauty. Unfortunately, this is a car wreck of a a "how to" book. The text is wordy, amiguous, and convoluted. None of the illustrations or tables are numbered. I ended up re-reading almost every passage several times.
Whoever invented accounting was a genius, and accounting is probably one of the most important inventions of all times. This book does not do the subject justice.
Summary of Accounting the Easy Way
Useful as either a self-teaching guide or a supplement to classroom textbooks, this book presents the fundamentals of accounting, starting with the accounting equation, then explaining financial statements, recording daily business transactions, using special journals, accounting for receivables and payables, and accounting for assets, inventories, and payroll from the viewpoint of a sole proprietorship form of business. Final chapters cover partnership and corporate accounting. Within every chapter, self-testing exercises follow each topic with detailed solutions presented at the back of the book. Barron's Easy Way books focus on both practical and academic topics, presenting fundamental subject matter in clear, understandable language. Equally popular as self-teaching manuals and supplementary texts for classroom use, they are written to help students improve their grades and review subject matter before tests. They are also useful for introducing general readers to a new career-related skill. Easy Way titles cover virtually all subjects that are taught on advanced high school and college-101 levels. Subject heads and key phrases are set in a second color.General Books
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