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ac186bab57 It is a simple book that is very easy to understand. Thanks for providing such a short book that told me just enough to understand what the bean-counters are talking about without boring me too much. I was never one for finance. Because I thought that accounting was so complex, I have always let others take over that aspect of the business. This book did an excellent job of defining each of those. If you simply search for accounting on the internet you will come up with endless books, articles, terms, and definitions. Either way, when I completed this book I was able to speak about each of these terms in an educated manner. Click the PDF, Kindle or ePUB icon below to download the eBook in your chosen format. This book also helps you clearly decide which type of accounting you should be doing. Henry F.
If you need to read about the topic in depth they can be found on the website too. Chapter 4 - Accrual Accounting Accrual accounting is considered to be the standard accounting practice for most organizations, and is mandated for organizations of any real size. Six months on, I have been able to cut down cash spending by over 20%. Accrual accounting seems a little more complex to me, but because of this book I was able to comprehend it. The eBook doesn't explain this in too much detail but it did give me a solid idea of the concept behind adding these 'non-cash' expenses to the accounts. Maintaining a healthy cash flow balance is as important as retaining profitability. For a non-accounting person like me, this is something very important. Sponsored links .