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Accounting for Non-Accountants: The Fast and Easy Way to Learn the Basics
Accounting for Non-Accountants: The Fast and Easy Way to Learn the Basics
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Wayne Label
List Price: $16.95
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Product Details

  • Author: Wayne Label
  • Binding: Paperback
  • Dewey Decimal Number: 657
  • EAN: 9781402206573
  • ISBN: 1402206577
  • Label: Sourcebooks, Inc.
  • Manufacturer: Sourcebooks, Inc.
  • Number of Items: 1
  • Number of Pages: 240
  • Product Group: Book
  • Publication Date: 2006-06-01
  • Publisher: Sourcebooks, Inc.
  • Studio: Sourcebooks, Inc.
  • Title: Accounting for Non-Accountants: The Fast and Easy Way to Learn the Basics
Avg Customer Rating: 4 stars

Product Description: Accounting for Non-Accountants is the perfect accounting guide for anyone who has never taken an accounting class, and has no idea what a balance sheet, income statement, or statement of cash flow is.

Dr. Wayne Label covers it all, in a style that's easy to understand and apply. This guide will help you get your accounting system up and running and your business needs satisfied.

Topics covered include:

-- Income Statements
-- Statements of Cash Flow
-- Balance Sheets
-- Assets & Liabilities
-- Double-Entry Bookkeeping
-- Debits & Credits
-- Audits & Auditors
-- And everything else beginners need to know

For entrepreneurs or anyone who needs to brush up on accounting fast, this book is an essential resource for the businessperson's shelf.


Customer Reviews


1 stars Not for beginners.
This book isn't for beginners, or even people who know the basics. If you're an absolute beginner, not much of this book will make sense. Some of it was helpful (about 30% of it), but overall i found it frustrating. And since i want to master accounting i will have to find another book on amazon (for a beginner, this time). Then maybe after that book i can come back and read this one and i will understand it. But you cant walk before you can crawl. And at the moment, a book teaching me how to walk is no good to me, i need one that will teach me how to crawl first.

True, the book title is not "Absolute beginners guide to accounting". So it may be harsh to rate it at 1 star. But if the author isn't targeting beginners, then this review should make no difference to book sales because i am only speaking to beginners (from a beginners point of view). However, the book title and sub heading does lead you to think it's going to teach you the basics... and that it is the easy way to learn them. (I.e. for beginners?)

I bought this book because of how many positive reviews are here. I did notice there was one negative review for the book before i bought it which said "not for beginners" but i figured the reviewer might have just been a big dummy, since so many others rated the book 5 stars. But, now, looking back over all the positive, five star reviews, i can see that most of them had some prior experience with accounting, and a few even say "it isn't for an absolute beginner". I should have listened. So this review applies to beginners only.

This would be good book if you just need a refresher course if you've learned a fair bit about accounting before and just need a reminder. But it is definitely not a good book to learn the basics of accounting if you don't know anything whatsoever about accounting. In fact, i even understood the basics of accounting before reading it, e.g. i know how to read a p + l statement, balance sheet, cash flow statement, what accrual vs cash method is, etc, and i still didn't understand most of what was written in this book.

Bottom line: get another book if you're a beginner.


5 stars Nice Entry Book
From someone with 4 accounting classes from 10 years ago under their belt, this was a great buy. Not exactly a complete course in the depths of accounting, this book explains most things that are extremely important to accountants. It also help bring back some of the things that I had forgotten. Definitely a good refresher book.


4 stars Definitely for the beginner
This book was my first read as a new business owner to start to learn about accounting. It was helpful for me, but I'm glad I also purchased the "Accounting for Dummies" book as well. After reading "Accounting for non-Accountants" I felt prepared for something a little meatier, and the "for Dummies" title was a good next step. So the two together was a good move for my needs. I recommend the book as a great place to start... but don't expect to be really ready coming out at the end unless you tackle something a little more in-depth as well. This book did what it said it would... it got me started.


5 stars User-friendly, reader will get more confident with this book
That's right! Dr. Label explains basic accounting in a such concise, simple way that YOU will get the confidence you need. Starting with the Generally Accepted Accounting Principles (GAAP) and ending with Generally Auditing Standards (GAAS), we follow the adventures of entreprenaur Sam and Solana Beach Bicycle Corporation. Important terms are in boldface type. Each chapter ends with a vocabulary review. With each definition, Dr. LAbel tells us how and why the term is used. Mathematical forumalas are demonstrated for the visual learner. Also, Dr. Label builds on the information he gives us. Nothing is ever "lost in space" after Dr. Label mentions it. For example, the Balance Sheet isn't just in one chapter, it's shown again and again, where relevant, throughout the book.

The appendix is financial statements of Station Casinos, Inc. Followed by an index.


5 stars Easy to understand and well organized.bv
I bought this book because, as a non-accountant, I wanted to learn about it for work and I found it very helpful. The author made ideas very easy to understand. I liked the examples and especially liked the glossaries at the end of each chapter. So, this is just a friendly thank you to Dr. L for writing such a book for non-accountants like me.