The Best Financial Accounting Books for Beginners

Learn to speak fluent finance―and ace your exams! Warren Buffett said that "accounting is the language of business." And for many accounting and business students, the obscure terminology of accounting makes fluency hard to achieve. Financial Accounting For Dummies can help to demystify abstract concepts in a straightforward, friendly way. With step-by-step examples and real-world scenarios practice, it helps you grasp the fundamentals of accounting until you're ready to interpret, analyze, and evaluate corporate financial statements like you've been doing it all your life.

Packed with easy-to-understand examples, this book takes you from the big three financial statements all the way through to income taxes. Or join the anti-fraud squad by discovering how to spot the ten most common accounting shenanigans. Grasp introductory financial accounting course materialExplore common concepts financial professionals use to compile reportsUnderstand leases, free cash flow, and statement analysisLearn accounting for small businessesWhether you're studying for your bachelor's, MBA, or MAcc, you’ll find everything you need to speak the language of finance like a native―and use it to get to wherever you want to go!

For courses in introductory financial accounting. A student-centered approach to financial accounting. Accounting is the language of business, and understanding the role accounting plays in business is critical to a student’s success in earning a business degree. Financial Accounting puts the focus on the purpose of Accounting in business. With student-friendly examples and streamlined chapters, the 12th Edition delivers a student-centric approach to learning financial accounting.

Time-tested resources like the Turnkey Case Resources, help students grasp the practical concepts of accounting, so that they can put them into practice in their future business careers. Also available with MyLab Accounting. By combining trusted author content with digital tools and a flexible platform, MyLab personalizes the learning experience and improves results for each student. Note: You are purchasing a standalone product; MyLab Accounting does not come packaged with this content. Students, if interested in purchasing this title with MyLab Accounting, ask your instructor for the correct package ISBN and Course ID. Instructors, contact your Pearson representative for more information. If you would like to purchase both the physical text and MyLab Accounting, search for:. 0134833139 / 9780134833132 Financial Accounting Plus MyLab Accounting with Pearson eText -- Access Card Package, 12/e. Package consists of:. 0134725980 / 9780134725987 Financial Accounting0134727673 / 9780134727677 MyLab Accounting with Pearson eText -- Access Card -- for Financial Accounting.

Many small business owners who did not take accounting classes in college are stumped by managing their finances. Even if you hire a qualified accountant and bookkeeper, you will still need to know how to read and interpret the reports and statements they provide. What is a balance sheet, and what does it show me about my business? What statistics do shareholders need to know? How can I make the most of my cash flow? These are all valid concerns, and you deserve simple, easy-to-understand answers.

In my book, The Layman’s Guide to Understanding Financial Statements, I will teach you all about what you need to know to read, analyze, create, and understand various financial statements. To be a competent and successful business owner, you will need to know what to do with these forms and how best to utilize them for your business’s financial health. If you are a business owner or manager, this book will help you handle your duties effectively. This book may also be used by accounting students who wish to sharpen their practical accounting skills. From the start to the end, we use a pragmatic approach to elaborating on every aspect of financial statements. We have used examples, images, and screenshots to help you conceptualize how all the statements are prepared. We have simplified this book to help you understand financial statements and even prepare them. You should not expect technical accounting terms or calculations within the book. The book breaks accounting down into simple, small chunks that are easy to understand for all. In this book, we have covered four main sections. The introductory section mainly focuses on new terms you will encounter in the book. To help you understand the book well, we look at some accounting terms and explain them in the simplest way possible. In the book's second section, we introduce you to financial statements. Before preparing any financial statements, you should know what they are. The book gives you a snippet of each of the essential financial statements. We look at what each financial statement is used for and how important it is to the business. We also look at the general use of each financial statement and help you understand the benefits of each statement to your business. In the book's third section, we focus on preparing and analyzing financial statements. This section forms the book's core and provides a detailed look at how financial statements are arrived at. For each financial statement, we provide the easiest ways of preparation and analysis. We introduce you to financial ratios used to analyze financial statements, too. Lastly, we look at the mistakes that could occur in accounting. As a manager or business owner, you should always be on the lookout to avoid making mistakes. You should also be keen to detect any errors in financial statements. In the book's last section, we look at some precautions you could take to seal loopholes. Most accountants and bookkeepers look for loopholes to steal the business's resources. You must put in place regulations that can control the leakage of company resources. We look at how you can spot errors within financial statements and try to resolve them before they develop into a full-blown financial crisis. Be sure to click “Buy Now” to add this title to your business analytics reference library so you can be a better, more informed business owner.