“Accounting Made Simple” by Mike Piper
What’s the difference between cash and accrual accounting? What’s a balance sheet, and how do you understand a cash flow statement? Clocking in at 100 clearly-written pages Accounting Made Simple will help you learn the basics of financial accounting with a minimum of time, effort, and confusion.
This high-level introduction to accounting and bookkeeping will give you all the information you need to make informed decisions about your financial reporting needs. You’ll learn about assets vs. liabilities, equity, operating income vs. net income, margin, cost of goods sold, double-entry bookkeeping, and cash vs. accrual accounting. You’ll also learn what basic financials like the quick ratio, current ratio, and return ratio mean regarding the health of your company.
You can read Accounting Made Simple in an hour or so, but you’ll use the concepts it contains for the rest of your career.
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