September 24, 2011
Accounting is an activity designed to offer you a general image of how your company is doing. Obviously, this is a thing many people need, yet Accounting is considered something very hard to grasp.
Why? Because the teachers who explain you how it works know only the theory. When you try to do yourself what you’ve been told, you’ll get stuck very soon.
“Accounting demystified” has a different approach. It does not start as teachers do, with the beginning, but with the end. It’s very important to know what IRS requires of you and why. When you’ll understand the goal, the rest falls into the right place. In order to do the final documents, you need this and that, and in order to obtain that information you need the very basic details.
“Accounting demystified” will not make you an account overnight, but it will explain clearly what you need to understand when you look to a financial statement. It’s like Accounting is a new town and “Accounting demystified” is the map, with all important places from that town, and how to get from one to another.
If you start understanding Accounting using this book, you’ll save yourself the frustration created by teachers who never owned a company, but are experts in theory.
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