Accounting Made Simple in 100 Pages or Less

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Busy Accountant - The Best Books Reviews

Busy professional

33 episodes

5 days ago

Join AIra and AIlex as they explore must-read books for accounting professionals! Each episode breaks down key insights and practical strategies from the most impactful and up-to-date books in the world of accounting and finance. Whether you're a public accountant, corporate controller, tax advisor, or auditor, this podcast helps you stay sharp, compliant, and competitive—without the time drain. From financial reporting and tax strategy to ethics, automation, and career growth, you'll get expert summaries tailored to the realities of busy accounting professionals.

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Accounting Made Simple in 100 Pages or Less

Busy Accountant - The Best Books Reviews

30 minutes 14 seconds

2 months ago

Accounting Made Simple in 100 Pages or Less

This source, "Accounting Made Simple," by Mike Piper, provides a foundational understanding of accounting principles and practices in under 100 pages. It begins by explaining the fundamental accounting equation and then describes the key financial statements: the balance sheet, income statement, statement of retained earnings, and cash flow statement. The book further introduces financial ratios used to analyze a company's performance and then explores Generally Accepted Accounting Principles (GAAP), including concepts like debits and credits, accrual versus cash accounting, and depreciation methods. Finally, it covers inventory accounting and concludes by emphasizing the importance of the journal entry in the broader accounting framework.

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