on November 30, 2010
This is a helpful study guide that lets you understand each chapter before delving in the textbook. The textbook doesn't really get to the point, and gives you extra details on how to report on your financial statements according to US GAAP and IFRS. However, keep in mind that IFRS may be implemented in a few years or so in the US. The SEC are still debating it, if these techniques would be used in the real world - meaning in corporations and in the business world.
But anyway, this study guide is simple and easy to understand compared with the textbook that is very wordy. It took me a shorter time to understand the material from the study guide, rather than in the textbook. It took me a longer time to extract the information and writing my own notes to understand the material, and do my own notes calculating and doing the techniques explained in the textbook.
Multiple choice questions and exercises help you understand the techniques and concepts better, and gives you confidence to study and pass the course. It takes a lot of hard work, time and effort to understand the material. But this guide really helped me a lot to get my motivation to study more because it is easier to understand.
on November 7, 2010
Accounting text books are at best a very dry, dull read. This study guide covers the main topics of each chapter without the mind numbing prattle. In general, accounting textbooks should have more sample problems (with solutions) and less filler. People learn accounting (& math as well) by doing it....not by reading about it. This study guide helps with that.