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Accounting For Dummies [Kindle Edition]

John A. Tracy
3.5 out of 5 stars  See all reviews (72 customer reviews)

Digital List Price: $21.99 What's this?
Kindle Price: $12.49
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Book Description

Learn the basics of practical accounting easily and painlessly with Accounting For Dummies, 4th Edition, which features new information on accounting methods and standards to keep you up to date. With this guide, you can avoid accounting fraud, minimize confusion, maximize profits, and make sense of accounting basics with this plain-English guide to your accountant’s language. Understand how to manage inventory, report income and expenses for public or private companies, evaluate profit margins, analyze business strengths and weaknesses, and manage budgets for a better bottom line.


Editorial Reviews

Review

“…insightful and well-reasoned…” (Money Matters, October 2004)

From the Back Cover

Features new information on accounting methods and standards

The fun and easy way to create great financials and boost your bottom line

Want to make sense of accounting basics? This plain-English guide helps you speak your accountant's language with ease, minimizing confusion as you maximize profits. You'll see how to manage inventory, report income and expenses for public or private companies, evaluate profit margins, analyze business strengths and weaknesses, and manage budgets for a better bottom line.

Discover how to:

  • Read income statements and balance sheets

  • Analyze profits and cash flow

  • Evaluate accounting methods and business structures

  • Use ratios to study financial statements

  • Avoid accounting fraud


Product Details

  • File Size: 5144 KB
  • Print Length: 412 pages
  • Page Numbers Source ISBN: 0470246006
  • Publisher: For Dummies; 4 edition (April 8, 2011)
  • Sold by: Amazon Digital Services, Inc.
  • Language: English
  • ASIN: B004WOZZ8W
  • Text-to-Speech: Enabled
  • X-Ray:
  • Lending: Enabled
  • Amazon Best Sellers Rank: #190,345 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Customer Reviews

Most Helpful Customer Reviews
158 of 162 people found the following review helpful
By A Customer
Format:Paperback
This book is great (I mean great) if you need to understand what is profit, whats in a balance sheet, how to understand it, whats in an income statement. What are assets, etc, etc. This book will open your eyes. Like others have said its not about double entry bookkeeping, or how to prepare your balance sheet. Find that elsewhere. This book addresses what the numbers mean and how to follow them to come to conclusions and how to use that information.
Let me put it this way. If you have a small business, or are put into a position where you need to manage money for a business, or need to buy a business. This book will help you if your not accountant savy.
Its a great book, and is very well written. Another five star success for the dummies series.
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260 of 271 people found the following review helpful
1.0 out of 5 stars Not abt Accounting September 19, 2000
By A Customer
Format:Paperback
While the book does have an excellent layout and has been thoroughly and professionally edited, like almost all of the "for Dummies" books, it lacks content where it needs it most. There is surprisingly little about accounting. There are no examples of how to create any of the three basic accounting reports, the balance sheet, income statement, and the cash flow statement. Double-entry accounting, the foundation of modern accounting, is only given three short pages with, again, no examples. It is not written for those who want to know how to do accounting or how to assist their accountant with their own company's books, but for those who want to have a functional understanding of a small set of reports. This makes it wholly inadequate for someone who wants to learn about accounting. On the other hand, this could make it a good resource for the middle-level manager who needs to know a little about how to read a small group of reports.
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70 of 73 people found the following review helpful
3.0 out of 5 stars Adequate as a non-accountants' everyday reference February 4, 1999
By A Customer
Format:Paperback
The content is simple with material presented in the usual 'dummie' tradition. It works great as a quick way to understand hard concepts, without going into too much distracting detail. A good reference for people who interface with accountants or accounting departments, but accounting students will find that the material is not detailed enough for cases covered in a typical accounting course. Is it the 'feel good accounting book of the year?' I dunno...but like any other dummies book, buy it for the funny cartoons.
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52 of 56 people found the following review helpful
4.0 out of 5 stars Don't know math? Need to know accounting? October 17, 2000
Format:Paperback
This is the book. This book got me, a non-quantitative anti-numbers person, through MBA financial accounting. Particularly good are chapters 5-9, that help interpret and explain financial statements. By no means does this offer everything you need to know for accounting, but offers a great foundation (hence, Dummies). I have also used it in my personal life to review info on my stocks.
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43 of 47 people found the following review helpful
By A Customer
Format:Paperback|Verified Purchase
If you are looking for a book that actually gives you good examples that will teach you to crunch some numbers on your own and prepare accounting statements and such, then this is NOT the book for you. It has a lot of writing about the different areas of accounting, but it did little for me. I was looking for a book that gave me real life examples that could help me understand how to do minimal accounting for my smal business. Some of the other introduction to accounting books are much better in this regard.
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31 of 33 people found the following review helpful
5.0 out of 5 stars Very Good book for Financial and Mangerial Accounting November 16, 2003
By A Customer
Format:Paperback
This is a great book for a person to use to suplment what is learned and practiced in Both entry level college accounting classes. It really will help you get a better grade in the class by reinforcing and explainations that are different then your typical college textbook. I highly reccomend this book for any college student that will be taking accounting, it is well worth it's price and I believe if read during the semester along with the practice in your class you will get a better grade. I did.
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18 of 18 people found the following review helpful
1.0 out of 5 stars Save Your Money--Keep Looking for an Alternative.. September 22, 2009
Format:Paperback
Do NOT buy this book! Avoid subjecting yourself to the frustration embedded in this book. Another reviewer had warned me about the confusion Tracy builds into the book by his lack of clarity in the reference points for some of his examples, but I did not realize how disastrous this could be for the learning process. Authors who seek to cash in on the genre of the works for "dummies" have a special obligation to make sure that their works are clear and accurate. I am a university professor with a doctorate in adult learning and also teach research design and statistics classes; consequently, I have an understanding of the learning process and of how to conceptually deal with numbers. However, I had more frustration than I could tolerate by page 40. After spending over a half hour trying to find the correct examples to use to solve problem 19 in Chapter 2 and not being able to work backwards from the supplied answer, I gave up. All I wanted from the book was a better understanding of basic double-entry accounting for talking with bankers for my land development business, which I have run for several years in addition to my teaching. After working through two chapters, I am mentally entering this book in the "loss" column and am going to continue looking for a better source. I encourage you to join me in this search; at least you will still have the capital that I wasted on this book.
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18 of 18 people found the following review helpful
5.0 out of 5 stars Great Overview July 10, 2006
Format:Paperback
I am an entry-level financial analyst straight out of college with little accounting experience (due to a broad liberal arts education) and who had never read the 3 financial statements prior to working. This book was my savior. It explains accounting on a conceptual level, which has been perfect for me. Great for an analyst, not the book for an auditor, obviously. It's great for someone who wants to learn to analyze and become proficient/literate at reading the statements, not for someone who wants to know exactly how to do bookkeeping (which is exactly how the author qualifies his book in the beginning). I'm a big fan of John Tracy's writing, which is easy to read and concise. This book led me to read his other accounting book, "How to read a Financial Report," also a great read.
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Most Recent Customer Reviews
4.0 out of 5 stars help for beginner accounting students
Pretty good book, definitely had some awesome accounting tips in there, it is a little out dated but accounting practices change a lot but of you a new a accounting student like I... Read more
Published 13 days ago by Rob Allen
1.0 out of 5 stars Don't buy this product until these problems corrected!!
If it were possible to give zero stars, I would do so. There is no functioning Table of Contents. There are no page numbers. Read more
Published 1 month ago by Kim E. Marsh
5.0 out of 5 stars Good Book
This book was so very informative. This book helped me in my business pursuits. Thank you for this good find
Published 1 month ago by Ruth Boykin
4.0 out of 5 stars buy from the seller
Great general information for beginners. I learned this information on accounting 101. It was a great refresher for past information I've learned already.
Published 2 months ago by bookmonster
5.0 out of 5 stars Great excersises for practicing in the real workplace.
This book is for people who have accounting knowledge already, mostly in the classroom. When you start the problems it really makes you think a little deeper and have a better... Read more
Published 3 months ago by Cari Heuneman
2.0 out of 5 stars Good Seller, Hard Book!
Didnt seem like "For Dummies" to me! Was more advanced than I was expecting. Perhaps there is a companion book that you use this in tandem with that explains more? Read more
Published 5 months ago by Kazooey
1.0 out of 5 stars Dummie for buying it.
I hoped this would be a LOT more informative. Accounting is not an exciting subject, but COME ON. I feel like a DUMMIE for buying it.
Published 6 months ago by y2kaye
4.0 out of 5 stars AAAAAA+++
this is the easiest way to refresb the course. its helpful, thorough and very clear. glad I found you!!!! ......
Published 8 months ago by Lil Chocolate
3.0 out of 5 stars Account workbook
Easy to understand and put to use. Great forms and exercises to use and learn without difficulty. Goes well with the Accounting for Dummies.
Published 10 months ago by WeDNA
4.0 out of 5 stars Good referesher
I took two accounting courses a life-time ago.
They were boring.
This was a fun refresher of terms and operations
Published 13 months ago by Edward Szotak
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More About the Author

John A. Tracy is an award-winning Professor of Accounting, Emeritus, at the University of Colorado at Boulder. His other books include The Fast Forward MBA in Finance, Second Edition, Accounting For Dummies, Fourth Edition, and Accounting Workbook For Dummies, all published by Wiley.

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