Customer Reviews

Introduction to Accounting for Finance, Third Edition

5 star:		(1)
4 star:		(0)
3 star:		(0)
2 star:		(0)
1 star:		(0)

 

 

This book is excellent, basic and for beginners, especially for young people intending to go in for a career in the investment banking industry (M&A / ECM)!!!! A superb introduction on accounting!!! Easy and fun to read! Even excellent as a review! There are not many books that can compete with the Accounting introduction by AMT - as a German citizen I have to add that there is no!!! German book available explaining accounting in such an easy, logic and structured way as this one!!! German accounting books are in general more academic, boring and punishing reads - good to pass your exams but poor to get a comprehensive and essential understanding on what accounting really is about (in practical terms)!!! Easy language, good and logical structure, explains all the important connections between p&l, balance sheet and cash-flow statement while every chapter is finished off with exercises for review.
As I didn't learn the ropes with one of the bulge brackets and didn't attend any boot camp, I had to do a lot of self study on accounting, financial analysis and modelling. I almost bought a complete shelf of books covering these subjects. That's why I am now - after being in this industry for a couple of years - able to strongly recommend this book to everybody who wants to save time and money spending it on books which don't prove to be of use at the end of the day. Further good reads are "Build business spread sheets" by AMT (introduction on modelling) and all the "midnight manuals" also issued by AMT!!!