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Accounting Made Simple: Accounting Explained in 100 Pages or Less [Kindle Edition]

Mike Piper
4.3 out of 5 stars  See all reviews (168 customer reviews)

Print List Price: $15.00
Kindle Price: $4.99
You Save: $10.01 (67%)
 
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Paperback $11.35  
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Book Description

Find all of the following explained in Plain-English with no technical jargon:
The Accounting Equation and why it's so significant

How to read and prepare financial statements

How to calculate and interpret several different financial ratios

The concepts and assumptions behind Generally Accepted Accounting Principles (GAAP)

Preparing journal entries with debits and credits

Cash method vs. accrual method

Inventory and Cost of Goods Sold

How to calculate depreciation and amortization expenses


Product Details

  • File Size: 384 KB
  • Print Length: 114 pages
  • Publisher: Simple Subjects, LLC (September 1, 2010)
  • Sold by: Amazon Digital Services, Inc.
  • Language: English
  • ASIN: B004JHYTDE
  • Text-to-Speech: Enabled
  • X-Ray:
  • Lending: Enabled
  • Amazon Best Sellers Rank: #6,034 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Customer Reviews

Most Helpful Customer Reviews
94 of 99 people found the following review helpful
5.0 out of 5 stars The best book on Accounting!! December 7, 2011
Format:Paperback|Verified Purchase
I took an accounting class last year and shamefully failed! I just could not understand the basic concepts to get from chapter to chapter. College Accounting classes for some reason expect you to have some basic understanding but I didn't and I'm sure there are many like me. So I bought this and other book to see if it would help. So far this is the only book that I understand. And everything seems to make sense to me now. I would recommend this book to anyone who's planning on taking an accounting course for the first time. I plan on retaking the class and now I feel confident going back in. THANK YOU MR.PIPER!!!
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117 of 125 people found the following review helpful
5.0 out of 5 stars Less than four hour read to understand accounting March 1, 2011
Format:Paperback|Verified Purchase
I bought this book because I needed a review of accounting for my business. It does what it claims -- explains accounting in just a few hours. Well written and easy to understand.

The Table of Contents includes:

1 - Accounting Equation
2 - Balance Sheet
3 - Income Statement
4 - Statement of Retained Earnings
5 - Cash Flow Statement
6 - Financial Ratios
7 - What is GAAP?
8 - Debits and Credits
9 - Cash vs. Accrual
10 - Other GAAP Concepts & Assumptions
11 - Depreciation of Fixed Assets
12 - Amortization of Intangible Assets
13 - Inventory & CoGS
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72 of 75 people found the following review helpful
5.0 out of 5 stars great book April 19, 2012
By charlie
Format:Paperback|Verified Purchase
I have a bachelor degree in accounting and have been out of school for a couple of years. I bought this book for a friend and decided to read it myself. The simplicity of it actually helped me tie things together that I didn't fully grasp from college. As I read the concepts I kept saying to myself "oh I remember going over that in school" - however this book helped me to understand the why's of accounting which is very important instead of just memorization. Many professors do a poor job of explaining accounting and I think that's why so many students struggle with it. If professors would explain the concepts like this author did then students wouldn't be so lost.
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49 of 55 people found the following review helpful
5.0 out of 5 stars Quick, Informative and Well Written February 20, 2009
Format:Paperback
This book gives you a quick tour of the ins and outs of accounting. Great introduction on the basics and keeps it simple. Short enough to be read in a day. I highly recommend this to any one looking for a crash course in accounting.
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29 of 32 people found the following review helpful
5.0 out of 5 stars Fantastic February 14, 2012
By Carl S.
Format:Kindle Edition|Verified Purchase
I am currently enrolled in a college Account course and picked this book up to supplement the $137 textbook that is required for the course. It took me 1 1/2 hours to read this book in one sitting and it gave me a much better grasp on accounting than the textbook did. When we are doing exercises in class and I need a quick refresher on a topic I often refer to this text as opposed to the textbook as it is just so easy to grasp without overloading you with too much detail. Plus, I am doing well in the class and I attribute that to this book. I highly recommend this book for anyone who wants to get up to speed on basic double-entry accounting and at $4.99 it is a no-brainer.

UPDATE: I finished the accounting class back in the spring and made an A. In fact, I had the highest grade in the class. Overall, I learned the material from three main sources: this book, my professor, and the exercises we did in class. Still love this book and highly recommend it as a pre-class read for college Accounting I classes.
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26 of 28 people found the following review helpful
5.0 out of 5 stars Great Book, helped me ace my final December 14, 2011
Format:Kindle Edition|Verified Purchase
I've been struggling through my college Accounting class and this book condensed all the essential information and delivered successfully! I strongly recommend keeping this book on file, great reference!
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21 of 23 people found the following review helpful
5.0 out of 5 stars Nice Summary March 4, 2009
Format:Paperback
This is a solid book covering the major topics effectively, efficiently, and thoroughly. Check it out.
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16 of 17 people found the following review helpful
5.0 out of 5 stars AMS August 19, 2011
By Clive G
Format:Paperback|Verified Purchase
this book is a must have botttom drawer item for any corporate executive or small business owner - it makes the whole accounting process easy to understand .Easy to read and easy to use.
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More About the Author

Mike Piper is the author of 8 personal finance books and the popular blog Oblivious Investor (obliviousinvestor.com). He is a Colorado Licensed CPA. Mike's writing has been featured in many places, including The Wall Street Journal, Money Magazine, AARP Magazine, Forbes, CBS News, MarketWatch, and Morningstar.


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