Prologue
Do you wish to learn accounting for either career or educational purposes? Are you an accounting enthusiast who would wish to remind themselves about some of the most common and vital accounting concepts? If so, you have come to the right place. If you are a beginner, I am sure that you are looking for a simplified course which contains all accounting concepts and explains then in a way which is memorable and very easy to understand. Accounting made easy: your quick study guide is exactly what you are looking for.Accounting is immensely diverse and contains multiple formulas and calculations that are a must use for any aspiring accountant or accounting student. Therefore, there is the need to understand all of the concepts as that is the only way through which you can apply them in the different areas of practice. Speaking of practice, that is exactly what you must do to be fully conversant with the formulas, calculations, and concepts. As difficult as it may sound, the truth is that the concepts are very easy and all you need to do is start with the basics and work your way up to the formulas. As you will realize, the basics set the accounting tone, and you will have a much easier time when you work from the bottom without skipping any steps.This book begins with the basics of accounting, taking you through the different definitions as well as principles of accounting. The author uses a very simple tone that is easily understood and free of complex terms. In addition to the basics, you will get to learn about: -The elements of accounting-The basic accounting formula-The different financial statements, their uses, and the various users-The key financial ratios-The interrelation of financial accounting with cost and management accountingIf you are ready to learn accounting in the easiest way possible, look no further. This book is your best bet towards understanding accounting fully.
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