The Accounting Game : Basic Accounting Fresh from the Lemonade Stand
||List Price: $17.95
Amazon.com Price: $12.57
- Media: Paperback
Publisher: Sourcebooks Trade (November, 1998)
- Average Customer Review:
Based on 13 reviews.
Amazon.com Sales Rank: 5,044
a must read for all..even accountants
ever get bombarded with terms like revenues, bottom line, gross margin, fifo, negative cash flow? i had taken almost 21 units of accounting in college but without practice(marketing is my expertise) i have but almost forgotten the meaning of the terms as well as the relationships among the balance sheet, income statement and statement of cash flows. this book relies on the simple method of relating the basics of accounting to running a small business as a kid(a lemonade stand) and then applies the principles of accounting to it. although i never did have problems with my accounting courses, my classmates did and they could have used a quite engaging method as described by "the accounting game." even if you are in the financial/accounting field, this would still provide you with ways of explaining concepts to non-financial people. i would highly recommend this as a must read...
Effective and engaging!
What a fun and effective way to learn accounting! After years of teaching economics to MBA students and freshmen, I wish there had been textbooks written like this to facilitate instruction of often dry topics. It doesn't read like a textbook, rather it entertains while it teaches and got me personally involved. I didn't realize that I was learning accounting concepts until the chapter was over and I stopped laughing. I felt like I had a personal tutor with me each time I read it. Very interactive. Very fun. The material covered is comprehensive, starting out with basic terminology to the construction of a balance sheet to deriving an income statement to understanding how various business scenarios impact financial statements. Don't be put off by its simplicity, because that is what makes this book so effective and engaging. Anybody who wants to make learning interesting should read this book. Anybody who wants a great crash course in accounting to know how to read a balance sheet or explain one should read this book.
If accounting terms leave you baffled, this book is for you!
Darrell Mullis and Judith Orloff have created an easy to read and simple introduction to practically every accounting concept you will need to run a small business. Their method is simple: you are a kid with a lemonade stand. You need to handle cash, inventory, assets, liabilities, and so on while you run your business. Through this very simple approach they succeed in teaching some of the most critical accounting concepts. And they make it fun!
RECOMMENDED Accounting books
RECOMMENDED MICROSOFT EXCEL TIPS