Book Review: Financial Accounting Essentials You Always Wanted to Know (5th Edition) by Vibrant Publishers

ABOUT THE BOOK

Title: Accounting Essentials You Always Wanted to Know (5th Edition)
Author: Kalpesh Ashar
Publisher: Vibrant Publishers
Release Date: August 12, 2022
Genre: Financial Accounting

Financial Accounting Essentials You Always Wanted to Know is back with a new and updated 5th edition!


  • Are you a new manager looking to understand the foundations of financial accounting?
  • Are you a finance professional who wants to know how to document finances for
  • shareholders?
  • Are you an aspiring finance student who wants a quick guide to all the concepts of financial accounting?

A simple guide to understanding complex financial statements.

Financial Accounting Essentials You Always Wanted to Know is back with a new and updated 5th edition! This edition includes two new chapters on the Accounting Cycle. It is a starter pack for new managers and leaders who require a foundational understanding of financial accounting terms and who need to understand why preparing a financial statement is so necessary. After reading this book, managers will be equipped with the critical tools to document finances for shareholders and prepare financial statements for their organization

This book will help one to:

  • Understand why financial accounting systems are necessary
  • Learn financial accounting systems and terms
  • Explore the importance of a Financial Statement
  • Learn about the concept of Balance Sheet
  • Understand what is an Income Statement
  • Learn how to create a Statement of Cash Flows

This 5th Edition contains two new chapters on:

  • Accounting Cycle
  • End of Accounting Cycle

Each chapter provides clear examples of the financial accounting tools and includes practice examples to help train the reader in the usage of these critical tools.

About the Series
Financial Accounting Essentials is part of the Self-Learning Management Series that is designed to help students, professionals, and entrepreneurs learn essential management lessons. This series of books is written by industry experts who have combined their vast work experiences into relevant, concise, and practical handbooks that appeal to learners from all spheres of life.

PURCHASE LINKS: Amazon | Barnes & NobleGoodreads


MY REVIEW

Financial Accounting Essentials You Always Wanted to Know provides a “set of bare minimum skills that you need in order to understand financial numbers,” and it does a beautiful job!

I have been considering a career in accounting for awhile and what better way to see if it’s a good fit then by learning some basic accounting skills.

The accounting concepts are put in a simple, and easy to understand format, even for someone like me who has little to no accounting experience.  The chapters are very short, with all of the information to the point, as well as a few examples to help bring said points home.

Because of its simplicity, I can see this being a great resource for accounting students and anyone who would like more bookkeeping knowledge.

My Rating: ★★★

*I have voluntarily reviewed a copy of this book which I received from the author/publisher through LibraryThing Early Reviewers. All views and opinions expressed are completely honest, and my own.

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