Accounting Terms - Financial Education Is Your Best Investment

Basic Bookkeeping and Finance Principles, Tax Accounting & Management for Business

By: Thomas Herold

Narrated by: William Bahl

Essential Accounting Terms You Should Know

Entering into the accounting field can be a little confusing at first with all of the new terminologies to learn. Don't feel left out in conversations, and don't be left behind because you aren't sure what someone is talking about.

Whether you're studying accounting in school, working in the accounting department of an international organization, or just reviewing financial statements as an investor, you may occasionally encounter terminology that's unfamiliar.

This Practical Accounting Guide Helps You With:

• Starting Your First Big Job
• Completing Undergraduate Work
• Preparing for the CPA Exam
• General Tax Accounting
• Reading Financial Statements
• Small Business Accounting
• LLC & Bank Accounting

This practical glossary compiles a list of over 150 most common accounting terms you're likely to encounter. Every accounting term is explained in detail, with clear and concise article style description and practical examples.

As a small business owner, one of the first things you should do is make sure you have a basic understanding of accounting terms. Knowing at least a few accounting key terms will make you a much more well-rounded and versatile business owner.

Make Accounting Less of a Mystery

If you do all of your own bookkeeping, understanding basic accounting terminology - that applies to business - helps you prepare your tax return, understand financial reports, and communicate with others about your business’s financial position.

This accounting dictionary is a crucial addition to any accountants guidebook.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2019 Thomas Herold (P)2019 Thomas Herold

A Great Organizer

The Herold IQ series number ten book highlights everything one needs to know for success in a basic course in accounting. It was written with an emphasis to quickly grasp the context without using jargon. Every Accounting terms is explained in detail, with clear and concise article style description and practical examples. It makes the course much more understandable.

I'm pretty much happy with this audiobook

I am a Finance/Accounting undergraduate starting my MBA. This book starts by going over the Principles, Financial Statements, Ratios, then Capital decisions. This was a very good review book for someone trying to freshen up on their finance/accounting skills. The author puts his examples in a very easy to understand format and does not go into too complex scenarios; he keeps everything pretty general and basic.

Perfect for small business

I'm very glad I purchased it. Short messages and good summaries. Gives you Accounting definitions, illustrations, and reviews of concepts. It was written with an emphasis to quickly grasp the context without using jargon. Every accounting term is explained in detail, with clear and concise article style description and practical examples, thank you!

Pace of explanation is also very good

It is completely comprehensive covering any and all concepts related to the topic. I have found it to be very useful and a great resource that I will refer to in the future.

An Energizing Financial Resource

Although this book could be read and understood by someone with little or no experience with accounting concepts, I think it is much more appropriate for someone with at least fundamental conceptual understanding.

I really enjoyed this audiobook

I bought this book because while I understand this stuff, I often feel like I missed some important, basic things during school and that missing those things has made the quite simple accounting world seem more difficult than it actually is.

Targets the essentials

Excellently written in a simple, easy to understand manner - I needed a refresher as I majored in Accounting years ago, and it was a bit more simple than I personally needed, but I still was reminded of deeper/complex concepts within the simplistic format that it is written - so that is a lot to say for a basic book about Accounting. Herold does a great job of laying out a very complex field into very simplistic terms. A great segway into the next level of complexity. I will be listening the Book 15 (Laws & Regulations) next to also refresh myself.

Supplementary information

A best 3-4 day crash course in basic accounting and financial statement analysis. Don't feel left out in conversations, and don't be left behind because you aren't sure what someone is talking about.

Great Starting Point

Financial terms many take for granted are effectively defined. (Difference between revenue and income, anyone?) This is NOT advanced economics but rather Accounting terms for those investors, business people and others who need to understand the nuts and bolts of financial statements. For that purpose, I cannot imagine how a book could be better than this one.

Best one I've read so far

Great book to learn from zero or to refresh key accounting concepts, including test for the CPA Exam. Easy to understand. Based on practical examples, following a storyline. Thus, it is carefully written and presented, resulting in a very didactic resource, just designed to Bookkeeping and Finance Principles, Tax Accounting & Management for Business. I do recommend it.