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Actually Useful Accounting (Actually Useful Books Book 1) by [Cohen, Phil]
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Actually Useful Accounting (Actually Useful Books Book 1) Kindle Edition

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Length: 92 pages Word Wise: Enabled Enhanced Typesetting: Enabled
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Product Description

Product Description

Cashflow problems kill more small businesses than anything else. But before you can tame cashflow you have to understand your business: and that means learning basic accounting. Covering everything you need to know from accruals to year-end, Actually Useful Accounting is written by one of the masters of clear explanation: Phil Cohen. Phil started and still runs two consulting firms in Sydney, Australia, and has 30 years experience of what it takes to make a business a success. Contains excellent advice on tax, insurance, invoicing, payment terms, as well as a clear and bulletproof explanation of accounting and its application to running a successful business.

Product Details

  • Format: Kindle Edition
  • File Size: 387 KB
  • Print Length: 92 pages
  • Sold by: Amazon Digital Services LLC
  • Language: English
  • Text-to-Speech: Enabled
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  • Word Wise: Enabled
  • Enhanced Typesetting: Enabled
  • Average Customer Review: Be the first to review this item
  • Amazon Bestsellers Rank: #306,993 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Most Helpful Customer Reviews on (beta) HASH(0xa536060c) out of 5 stars 14 reviews
4 of 4 people found the following review helpful
HASH(0xa53980d8) out of 5 stars If you're in business, or even if you're thinking of doing business, this is the quintessential guide on accounting Oct. 7 2013
By ronan p - Published on
Format: Kindle Edition Verified Purchase
As a business owner, and one who is outside my comfort zone when dealing with book keeping and accounting, this book is a breath of fresh air.

It cuts through the dry boredom of accounts and instead makes the world of numbers understandable and even enjoyable. Now that's an achievement.

Most importantly of all though is that the author has been running several of his own successful businesses for over 30 years and so has managed to do what accountants don't - he gives you the knowledge in a way that you understand it, and in a way that is memorable so that it sticks.

This book is essential reading for anyone running a business even thinking about doing business, so do yourself a favour and eliminate years of potential frustration and pain by getting this book now as your trusted advisor in your business. It will save you time so that you can get on with making a success of your business, financially.
2 of 2 people found the following review helpful
HASH(0xa5398324) out of 5 stars Very good (i.e., bad news for those who wish it were not good) book July 24 2014
By rasraster - Published on
Format: Kindle Edition Verified Purchase
I recommend this book to anyone who is unfamiliar with accounting. Unlike the author, I have remained on the engineering side of consulting, and while I am familiar with many general concepts of accounting I have never really felt comfortable about day-to-day implementation.

Reading this book is an encounter with the subject in a very natural context, and the logic behind accounting practices comes across very clearly.

I would have given it 5 stars but for a few (admittedly nit-picky) things:

- A number of typos and editing oversights
- The way that the concept of "credit" and "debit" is discussed is from the very non-intuitive vantagepoint of "the company." Rather than make it more logical to me, it has the opposite effect. I doubt that I will ever get used to the idea of something like a profit being bad news for a company. (Yes, I get it that I'm stuck in the viewpoint of an investor.) Then I have to call the bad news a credit! It's like insisting that I think of positive as being a double-negative ... feels very inefficient.

Even so, I do recommend the book for all the rest of its many virtues.
2 of 2 people found the following review helpful
HASH(0xa53982e8) out of 5 stars Learning tools Dec 19 2013
By Andrea Huston - Published on
Format: Kindle Edition Verified Purchase
I am a bookkeeper at a company that knows nothing about accounting. This was short and I was able to learn the basics of my new job.
1 of 1 people found the following review helpful
HASH(0xa53985dc) out of 5 stars Brilliant Oct. 12 2013
By Rebecca - Published on
Format: Kindle Edition Verified Purchase
Seems well pitched for accountants, non-accountants focussing mainly on small business. Clearly explained and very useful. Could translate well into a graphic text book.
HASH(0xa539863c) out of 5 stars Accounting principles in simple language March 17 2014
By Sumeeth Chinni - Published on
Format: Kindle Edition Verified Purchase
I have been trying for a good accounting book for about 6 months, then I found this marvelous book. Many accounting basics like "credit", "debit", "double entry" were explained with practical examples. I always found it tough to remember signing conventions for Assets, Liability, Income, Expense, Equity, but after reading this book, now I am very confident of using correct signs and will never get overwhelmed while talking to a accounts person :-) Hats off to Phil Cohen, this is indeed a master piece. I could complete the whole book in a couple of hours. This book made my day!