Accounting for the New Business (Adams Expert Advice for Small Business) [Paperback]

Christopher R. Malburg (Author)

Book Description

Series: Adams Expert Advice for Small Business | Publication Date: October 1996

If you're looking to master accounting for your new business quickly, easily, and accurately, then you've picked the right book. Accounting For The New Business takes the mystery out of installing and maintaining an accounting system that works for the new enterprise. Through liberal use of charts, illustrations, and examples, it shows how anyone can master the unique financial information needs of a small business. Written by a professional management consultant, Accounting For The New Business is a complete accounting course in one volume filled with clear explanations of:

The general ledger
Accounts receivable
Accounts payable
Order entry
Inventory control
Cost accounting
Payroll management
Fixed assets
Financial reporting

Whether you need to establish a whole new accounting system, or you just want to iron out the wrinkles in an existing one, Accounting For The New Business is designed with your company's needs in mind. It's clear. It's quick. And it's accurate. Let Accounting For The New Business help get your system, and your whole business, up and running today!

Editorial Reviews

About the Author

Christopher R. Malburg, CPA, MBA, is a nationally-recognized management consultant specializing in problems of small business. He is the author of The Cash Management Handbook and eight other books.

Product Details

• Paperback: 301 pages
• Publisher: Adams Media Corporation; 1st edition (October 1996)
• Language: English
• ISBN-10: 1558507590
• ISBN-13: 978-1558507593
• Product Dimensions: 8.5 x 5.5 x 0.8 inches
• Shipping Weight: 10.1 ounces
• Average Customer Review: 3.5 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #1,990,087 in Books (See Top 100 in Books)

More About the Author

Chris Malburg is a widely published author, with over 4 million words published over 12 popular business books--including How to Fire Your Boss (Berkley)and Surviving the Bond Bear Market (Wiley, March 2011). Simon & Schuster, Putnam, Wiley and McGraw Hill all publish Chris' work. That's the professional side of his career. The fun side is that he has transitioned into a serious novelist. A CPA/MBA and former investment banker, Chris certainly has the business chops to weaponize an industrial WMD. He has crossed the chasm from biz-speak into fiction with Car Wars.

Chris business books cover the subjects of bond investment, management,strategic and tactical planning and treasury operations. He also has written the cash management and value creation columns appearing monthly in Industry Week magazine and the Cashing Out column in Fortune magazine's Internet publication, FSB. A complete list of Chris'publications is below.

Chris Malburg was named by the International Federation of
Accountants as one of 1999's top ten financial writers. Additionally, the
American Institute of Certified Public Accountants bestowed its prestigious
Lawler Award on Chris as the outstanding financial writer in 1997. He is a
featured columnist in the Los Angeles Business Journal and Industry Week
Magazine. Chris has authored ten books on the subjects of management,
strategic and tactical planning, cash management, accounting systems,
controllers, treasurers, investment taxation and real estate property taxation.

His work is listed on various bestseller lists, featured as book of the month club selections and is published in most French, Spanish and Arabic speaking countries around the world. Additionally, he has written over 100 professional articles appearing in such national magazines as Cash Flow, Journal of Accountancy, Writer's Digest, Business Age, Magazine of Bank Administration and Income Opportunities.

Customer Reviews

Most Helpful Customer Reviews

26 of 28 people found the following review helpful:

4.0 out of 5 stars Good information for a quick review of accounting, April 22, 1999

By A Customer

This review is from: Accounting for the New Business (Adams Expert Advice for Small Business) (Paperback)

It's a good overview of accounting terms and procedures, I liked that it was about the new business. I mainly concetrated on the record keeping chapters, and I don't know why some books call expenses, cash disbursements, and other books call expenses, expenses? I keep a record of expenses, and another of petty cash expenses. To me cash disbursements are always paid when they have to so I don't have a due date and a paid date. Also I don't generate a sales invoice and then record the income because they happen at the same time, I collect immediately, so that part is unecessary or could be elaborated on for the business that uses this method.

It helped me with quickbooks and I have a better idea of how to prepare financial statements using software. This is a good review even if you have other accounting books, it's small and easy and to read and you can take it anywhere.

Usually accounting is too dry for me, but the chapters were straight to the point. A good buy for an inventory based or service based business, Most accounting books lack a common sense explanation, this one is a good deal.

4 of 4 people found the following review helpful:

3.0 out of 5 stars Didn't work that well for me..., March 30, 2004

By A Customer

This review is from: Accounting for the New Business (Adams Expert Advice for Small Business) (Paperback)

While I am a complete novice with no accounting experience, I do hold a college degree, and am facile with numbers and concepts (usually). Because accounting is such a terminology-laden undertaking, the fact that this book does not contain a glossary, and that terms used are not clearly defined, left me feeling lost. Given the recommendations I'd seen for this book, I'd expected a more basic treatment of the subject of bookkeeping as related to accounting, to make the mechanics of the process more transparent. I felt that this book rambled between accounting concepts and business accounting practices in its descriptions of procedures one might use. As for the use of this book for the "small business," it seemed to me that "small" was a relative term. I'd liken the scale of "small" to be along the lines of comparing Google to Microsoft -sure, Google is "small" in comparison, but for purposes of a small start-up service business, the scale seemed out of proportion.

Overall, for the rank beginner, I'd still suggest looking for something in a more graphically useful format, with a good glossary and more clear detail. For someone with accounting/bookkeeping experience, this book may provide more useable information, although I still feel that the way information is organized and presented is less than optimal.