Practical Accounts & Bookkeeping in easy steps, 2nd Edition Paperback Review
Welcome to our comprehensive review of the Practical Accounts & Bookkeeping in easy steps, 2nd Edition Paperback. If you're looking to gain a solid understanding of accounts and bookkeeping, then this book is a must-have resource. With its easy-to-follow format and comprehensive coverage, it is perfect for beginners and those looking to refresh their knowledge. In this review, we will delve into the key features, benefits, and customer feedback of this book to help you make an informed decision. So, let's get started and explore why this book is a valuable tool for anyone interested in accounts and bookkeeping.
Product Description
The Practical Accounts & Bookkeeping in easy steps, 2nd Edition Paperback is a comprehensive guide for individuals and small business owners who want to understand the fundamentals of accounting and bookkeeping. Written by Alex Byrne, this illustrated book provides a step-by-step approach to help readers grasp the concepts easily.
One of the most important features of this book is its simplicity. The author has taken great care in breaking down complex accounting concepts into simple and easy-to-understand language. Whether you have prior knowledge of accounting or are a complete beginner, this book will guide you through the basics and gradually introduce more advanced topics.
The book covers a wide range of topics, including understanding financial statements, double-entry bookkeeping, managing cash flow, and analyzing financial performance. It also provides practical examples and exercises to reinforce the concepts learned.
Another notable feature of this book is its emphasis on real-world scenarios. The author understands that learning accounting and bookkeeping is most effective when applied to real-life situations. Therefore, the book includes numerous case studies and examples from various industries to help readers connect theory with practice.
Additionally, the 2nd Edition of Practical Accounts & Bookkeeping includes updated content to reflect the latest changes in accounting practices. This ensures that readers are equipped with the most current knowledge and can apply it to their own financial situations.
Overall, Practical Accounts & Bookkeeping in easy steps, 2nd Edition Paperback is an invaluable resource for anyone looking to gain a solid understanding of accounting and bookkeeping. With its clear explanations, practical examples, and updated content, this book is a must-have for individuals and small business owners who want to manage their finances effectively.
Pros and Cons
Pros
Clear and Comprehensive Explanation: The Practical Accounts & Bookkeeping in easy steps, 2nd Edition provides a clear and comprehensive explanation of accounting principles and practices. It is praised by many buyers for its ability to simplify complex concepts and make them easily understandable. Whether you are a beginner or have some prior knowledge, this book will help you gain confidence in managing your own accounts.
Useful for Small Business Owners: Small business owners who are looking to handle their own accounting and bookkeeping will find this book extremely helpful. It provides practical examples and guidance on filling tax returns, managing limited company accounts, and understanding basic accounting principles. By using this book, you can save money by avoiding the need for an accountant and gain the knowledge to effectively manage your finances.
Well-Written with Decent Examples: The book is praised for its well-written content and the inclusion of decent examples. The author has taken care to explain concepts in a straightforward manner, making it easy for readers to follow along. The examples provided are relevant and help reinforce the understanding of the concepts discussed. Whether you are a student or a professional, the book's clarity and examples make it a valuable resource.
Cons
Lack of Clear Definitions: Some buyers have mentioned that the book sometimes lacks clear definitions, specifically when it comes to concepts like debit and credit. Instead of providing explicit definitions, the book relies on a series of grids and examples, which may not be sufficient for some readers. If you prefer more explicit definitions and explanations, you may find this aspect of the book lacking.
Not Suitable for AAT Accounting Course: A buyer who was taking an AAT accounting course found this book to be unhelpful. They felt that it was more suitable for individuals who already have some understanding of accounting, rather than beginners. If you are specifically looking for a resource to supplement your AAT course, you may need to explore other options.
Limited Coverage of Advanced Topics: While the book covers the basics of accounts and bookkeeping comprehensively, it may not delve into advanced or specialized topics. If you are looking for in-depth information on complex accounting practices or advanced financial analysis, you may need to seek additional resources. This book is primarily aimed at providing a solid foundation in practical accounts and bookkeeping for small business owners and individuals seeking a general understanding of the subject.
Customer Reviews
The Practical Accounts & Bookkeeping in easy steps, 2nd Edition Paperback has received a solid rating of 4.4 out of 5 stars from a total of 254 customer ratings on Amazon. Let's take a closer look at what customers have to say about this book.
One customer mentioned that the book "sometimes lacks clear definitions" and gave it a 3-star rating. They specifically mentioned that "debit and credit are never properly defined" and felt that there were only a series of grids and examples without clear explanations.
On the other hand, many customers found this book to be extremely helpful in understanding accounts and bookkeeping. One customer, who is managing their own limited company accounts, stated that they were already feeling more confident after just 60 pages. Another customer, who had struggled for years to grasp the basic principles of accounts, highly recommended this book for its clear explanations.
However, there were a couple of customers who did not find the book helpful for their specific needs. One customer, who was taking an AAT accounting course, felt that the book was not aimed at their level. Another customer mentioned that they purchased the book to fill in a tax return for their small business instead of hiring an accountant, and they found it to be well-written with decent examples.
Overall, the majority of customers found the book to be clear, easy to follow, and helpful in understanding accounts and bookkeeping. With its positive feedback and high rating, the Practical Accounts & Bookkeeping in easy steps, 2nd Edition Paperback seems to be a reliable resource for individuals looking to improve their understanding of accounts and bookkeeping.
Conclusion
Overall, the Practical Accounts & Bookkeeping in easy steps, 2nd Edition is a valuable resource for individuals looking to improve their understanding of accounts and bookkeeping. It provides a clear and concise explanation of key concepts, making it accessible even for beginners.
One of the main benefits of this book is its practical approach. It offers real-life examples and useful tips that can be applied to managing personal or business finances. Many customers have reported feeling more confident in their ability to handle their own accounts after reading this book.
However, it is important to note that some buyers have mentioned that the book lacks clear definitions, particularly when it comes to concepts like debit and credit. This may be a drawback for those who prefer a more detailed explanation of accounting terms.
Despite this minor drawback, the majority of customers have highly recommended this book. It has received positive feedback for its clear explanations, good examples, and easy-to-follow format. The book is especially useful for small business owners who want to fill in their tax returns or manage their own limited company accounts.
In conclusion, if you are looking for a comprehensive and easy-to-understand guide to accounts and bookkeeping, the Practical Accounts & Bookkeeping in easy steps, 2nd Edition is a worthwhile investment. It will provide you with the knowledge and confidence to manage your own finances effectively.
Frequently Asked Questions
Is this book suitable for beginners?
- Yes, Practical Accounts & Bookkeeping in easy steps, 2nd Edition is suitable for beginners. The book is designed to provide a clear and comprehensive introduction to accounts and bookkeeping, making it accessible even for those with no prior knowledge or experience in the subject.
Does the book cover all the basic principles of accounting?
- Yes, the book covers all the basic principles of accounting. It provides clear explanations and examples to help readers understand concepts such as debit and credit, which are essential in accounting. The book aims to provide a solid foundation in accounting principles, allowing readers to gain confidence in managing their own accounts.
Is this book helpful for individuals managing their own limited company accounts?
- Absolutely! Many readers have found this book to be extremely helpful in managing their own limited company accounts. With clear explanations and practical examples, the book offers guidance on various aspects of accounting, including tax returns and filling in financial statements. Whether you are a small business owner or a freelancer, this book can empower you to take control of your financial records.
Can this book be used as a study resource for accounting courses?
- While this book may not be specifically tailored to accounting courses, it can still be a useful supplementary resource. It provides a straightforward and accessible overview of accounting principles, which can complement the content covered in formal courses. However, it's important to note that the book's primary focus is on practical applications rather than academic theory.
Does this book contain practical examples?
- Yes, Practical Accounts & Bookkeeping in easy steps, 2nd Edition contains numerous practical examples. These examples help readers understand how accounting principles are applied in real-life scenarios. The book's emphasis on practicality ensures that readers not only grasp the theoretical concepts but also learn how to apply them effectively.
Is this book suitable for individuals who need a refresher on accounting concepts?
- Absolutely! Whether you have been out of touch with accounting for a while or simply need a refresher, this book is an excellent choice. It provides a clear and concise overview of accounting concepts, making it easy to revisit and reinforce your understanding. The book's comprehensive nature ensures that it covers all the essential topics, making it a valuable refresher reference.
Does this book replace the need for an accountant?
- While this book equips readers with the knowledge and skills to manage their own accounts, it may not entirely replace the need for an accountant in certain situations. Complex financial matters or specific legal requirements may still necessitate professional assistance. However, this book can certainly empower individuals to handle routine accounting tasks and gain a better understanding of their financial records.
