Busy Accountant - The Best Books Reviews

This compilation, "The Routledge Companion to Accounting History," offers a comprehensive exploration of accounting's evolution and its multifaceted interactions with society, business, and the state. Contributions from numerous scholars examine the development of accounting practices from ancient civilizations and early bookkeeping methods to modern financial reporting, auditing, management accounting, and taxation. The text investigates the influence of social, economic, political, and cultural factors on accounting's trajectory, including the impact of colonialism, gender, race, technological advancements, and regulatory frameworks. Furthermore, the companion analyzes the professionalization of accountancy across different regions and explores the historiography and theoretical underpinnings of accounting history as a discipline. Ultimately, it illuminates accounting's crucial and dynamic role in shaping historical and contemporary realities.Full podcast episode available here: YouTube: https://www.youtube.com/playlist?list=PLMvxvfJimu-1KknFC-zsve7fhZgSY9VJR // Spotify: https://open.spotify.com/show/43S8mFi7frIuMtqd0VST7O // Apple Podcasts: https://podcasts.apple.com/us/podcast/busy-accountant-the-best-books-reviews/id1807058693 — Follow us for more insights & updates: Instagram: https://www.instagram.com/busy_proffesional/ — TikTok: https://www.tiktok.com/@busyprofessional

These texts explain key concepts in managerial accounting, including cost classification (product vs. period costs), different cost accounting systems (job order and process costing), and methods for allocating manufacturing overhead, such as traditional methods and activity-based costing (ABC). They introduce essential analytical tools like cost-volume-profit (CVP) analysis for understanding relationships between costs, sales, and profitability, and incremental analysis for making business decisions by focusing on relevant costs and benefits. The sources also cover important planning and control mechanisms like budgeting, standard costing, and variance analysis, discussing how these are used for performance evaluation. Finally, they touch upon financial analysis techniques like capital budgeting, the analysis of the statement of cash flows, and various financial statement ratios used to assess a company's performance and financial health.Full podcast episode available here: YouTube: https://www.youtube.com/playlist?list=PLMvxvfJimu-1KknFC-zsve7fhZgSY9VJR // Spotify: https://open.spotify.com/show/43S8mFi7frIuMtqd0VST7O // Apple Podcasts: https://podcasts.apple.com/us/podcast/busy-accountant-the-best-books-reviews/id1807058693 — Follow us for more insights & updates: Instagram: https://www.instagram.com/busy_proffesional/ — TikTok: https://www.tiktok.com/@busyprofessional

Josh Bauerle's "Accounting - Quick Start Guide" provides a foundational understanding of accounting principles and practices. It begins by explaining accounting as a business tool and introducing key financial statements like the income statement and balance sheet. The guide then explores crucial concepts such as financial statement analysis, different branches of accounting including managerial and tax accounting, and methods for detecting and preventing fraud. Furthermore, it covers recording business transactions, understanding assets, liabilities, and equity, and the significance of accounting software. The text also touches upon monitoring investments through GAAP, navigating income tax accounting, and using managerial accounting for internal business decisions. Ultimately, this guide aims to demystify accounting for beginners and business owners, emphasizing its importance in informed decision-making and financial health.Full podcast episode available here: YouTube: https://www.youtube.com/playlist?list=PLMvxvfJimu-1KknFC-zsve7fhZgSY9VJR // Spotify: https://open.spotify.com/show/43S8mFi7frIuMtqd0VST7O // Apple Podcasts: https://podcasts.apple.com/us/podcast/busy-accountant-the-best-books-reviews/id1807058693 — Follow us for more insights & updates: Instagram: https://www.instagram.com/busy_proffesional/ — TikTok: https://www.tiktok.com/@busyprofessional

This copyrighted book, "Financial Shenanigans," provides guidance on identifying deceptive accounting practices used by companies to mislead investors. Authored by experts in forensic accounting, it explores various techniques employed to manipulate earnings, cash flow, and key financial metrics. The text uses real-world examples and case studies of companies like Enron, WorldCom, and Valeant to illustrate these "shenanigans." Furthermore, it discusses the roles of auditors, boards of directors, and regulatory bodies in preventing and detecting financial fraud. The authors aim to equip investors with the knowledge and a "forensic mindset" to recognize warning signs and protect their investments.Full podcast episode available here: YouTube: https://www.youtube.com/playlist?list=PLMvxvfJimu-1KknFC-zsve7fhZgSY9VJR // Spotify: https://open.spotify.com/show/43S8mFi7frIuMtqd0VST7O // Apple Podcasts: https://podcasts.apple.com/us/podcast/busy-accountant-the-best-books-reviews/id1807058693 — Follow us for more insights & updates: Instagram: https://www.instagram.com/busy_proffesional/ — TikTok: https://www.tiktok.com/@busyprofessional

Ilias G. Basioudis's "Financial Accounting: The Basics" serves as an introductory guide to fundamental accounting principles. The book explains core concepts like financial statements, the accounting equation, and transaction processing. It covers essential topics such as inventory accounting, non-current assets, and final account adjustments. Furthermore, it includes sections on incomplete records, partnerships, cash flow statements, and financial statement analysis. The text is designed as a supplementary workbook with examples and exercises for students and those seeking professional qualifications in accounting or business.Full podcast episode available here: YouTube: https://www.youtube.com/playlist?list=PLMvxvfJimu-1KknFC-zsve7fhZgSY9VJR // Spotify: https://open.spotify.com/show/43S8mFi7frIuMtqd0VST7O // Apple Podcasts: https://podcasts.apple.com/us/podcast/busy-accountant-the-best-books-reviews/id1807058693 — Follow us for more insights & updates: Instagram: https://www.instagram.com/busy_proffesional/ — TikTok: https://www.tiktok.com/@busyprofessional

The provided text appears to be promotional material for a collection of educational resources related to the textbook Advanced Accounting, 13th Edition. It lists the authors and publication details of the book and then aggressively advertises the availability of eBooks, solutions manuals, and test banks. Interested parties are instructed to contact a specific email address or visit a provided Mediafire link to access a complete stock list, with direct email contact encouraged for inquiries or assistance in finding specific materials. The text explicitly discourages posting on the webpage itself, directing all communication to the given email.Full podcast episode available here: YouTube: https://www.youtube.com/playlist?list=PLMvxvfJimu-1KknFC-zsve7fhZgSY9VJR // Spotify: https://open.spotify.com/show/43S8mFi7frIuMtqd0VST7O // Apple Podcasts: https://podcasts.apple.com/us/podcast/busy-accountant-the-best-books-reviews/id1807058693 — Follow us for more insights & updates: Instagram: https://www.instagram.com/busy_proffesional/ — TikTok: https://www.tiktok.com/@busyprofessional

"Accounting for the Numberphobic: A Survival Guide for Small Business Owners" by Dawn Fotopulos aims to demystify financial concepts for small business owners who find accounting intimidating. The book breaks down essential financial statements like the Net Income Statement, Cash Flow Statement, and Balance Sheet, explaining how to interpret them to make informed business decisions and improve profitability. Fotopulos uses relatable analogies and real-world examples to illustrate key principles, emphasizing the importance of understanding gross margin, managing cash flow, and controlling expenses. The guide also features advice from experienced entrepreneur Norm Brodsky. Additionally, a sample chapter from "The Essentials of Finance and Accounting for Nonfinancial Managers, Second Edition" by Edward Fields provides a detailed explanation of the Balance Sheet, covering assets, liabilities, and equity, as well as related accounting principles like depreciation. This excerpt explains the components of a balance sheet and their significance in assessing a company's financial health.Full podcast episode available here: YouTube: https://www.youtube.com/playlist?list=PLMvxvfJimu-1KknFC-zsve7fhZgSY9VJR // Spotify: https://open.spotify.com/show/43S8mFi7frIuMtqd0VST7O // Apple Podcasts: https://podcasts.apple.com/us/podcast/busy-accountant-the-best-books-reviews/id1807058693 — Follow us for more insights & updates: Instagram: https://www.instagram.com/busy_proffesional/ — TikTok: https://www.tiktok.com/@busyprofessional

This comprehensive textbook, Horngren's Financial & Managerial Accounting, focuses on managerial accounting principles and their application in business decisions. It explores topics such as cost accounting, including job order and process costing, budgeting, cost-volume-profit analysis, variable costing, and activity-based costing. The text also covers performance evaluation, decentralization, and capital investment decisions, emphasizing the use of relevant information for short-term and long-term planning. Additionally, it introduces concepts like just-in-time management, quality management, and the analysis of financial statements and cash flows for effective business management.Full podcast episode available here: YouTube: https://www.youtube.com/playlist?list=PLMvxvfJimu-1KknFC-zsve7fhZgSY9VJR // Spotify: https://open.spotify.com/show/43S8mFi7frIuMtqd0VST7O // Apple Podcasts: https://podcasts.apple.com/us/podcast/busy-accountant-the-best-books-reviews/id1807058693 — Follow us for more insights & updates: Instagram: https://www.instagram.com/busy_proffesional/ — TikTok: https://www.tiktok.com/@busyprofessional

These excerpts highlight a resource offering academic materials such as eBooks, solutions manuals, and test banks for various textbooks, specifically mentioning titles like Accounting Information Systems and Advanced Accounting, including their authors and publication years. The contact information provided, studentshelp@hotmail.com, is the suggested method for obtaining these materials, along with a Mediafire link leading to a comprehensive list of available stock. Potential customers are advised to directly email for inquiries rather than posting comments on the page. This service claims to provide a wide collection of resources for quick delivery at competitive prices.Full podcast episode available here: YouTube: https://www.youtube.com/playlist?list=PLMvxvfJimu-1KknFC-zsve7fhZgSY9VJR // Spotify: https://open.spotify.com/show/43S8mFi7frIuMtqd0VST7O // Apple Podcasts: https://podcasts.apple.com/us/podcast/busy-accountant-the-best-books-reviews/id1807058693 — Follow us for more insights & updates: Instagram: https://www.instagram.com/busy_proffesional/ — TikTok: https://www.tiktok.com/@busyprofessional

"The End of Accounting and the Path Forward for Investors and Managers" by Lev and Gu argues that traditional financial accounting has become increasingly irrelevant for investors due to its historical focus, the rise of intangible assets, and the proliferation of subjective estimates. The authors demonstrate this decline in usefulness through various analyses, showing a weakening connection between accounting data and market values, as well as reduced accuracy in predicting future performance. They propose a new information system, the Strategic Resources & Consequences Report, which centers on a company's strategic assets, their management, and value creation, drawing insights from economic theory and analysts' inquiries. The book critiques current accounting practices and regulations, advocating for treating intangibles as assets, reducing reliance on estimates, and shifting towards more principles-based reporting to better serve the information needs of investors and managers in today's dynamic economy.Full podcast episode available here: YouTube: https://www.youtube.com/playlist?list=PLMvxvfJimu-1KknFC-zsve7fhZgSY9VJR // Spotify: https://open.spotify.com/show/43S8mFi7frIuMtqd0VST7O // Apple Podcasts: https://podcasts.apple.com/us/podcast/busy-accountant-the-best-books-reviews/id1807058693 — Follow us for more insights & updates: Instagram: https://www.instagram.com/busy_proffesional/ — TikTok: https://www.tiktok.com/@busyprofessional

The provided text consists of excerpts from an intermediate accounting textbook using International Financial Reporting Standards (IFRS). It covers a wide array of accounting topics, including financial reporting standards, the conceptual framework, the accounting cycle, income statement and statement of financial position preparation, and the time value of money. Specific areas explored include inventory valuation, property, plant, and equipment accounting, and intangible assets. The excerpts feature definitions, examples, illustrations, and problem-solving exercises related to these accounting concepts and their application under IFRS. Furthermore, the text incorporates comparisons between IFRS and U.S. GAAP and discusses the evolving international financial reporting environment. The material aims to equip students with a comprehensive understanding of intermediate accounting principles within a global context.Full podcast episode available here: YouTube: https://www.youtube.com/playlist?list=PLMvxvfJimu-1KknFC-zsve7fhZgSY9VJR // Spotify: https://open.spotify.com/show/43S8mFi7frIuMtqd0VST7O // Apple Podcasts: https://podcasts.apple.com/us/podcast/busy-accountant-the-best-books-reviews/id1807058693 — Follow us for more insights & updates: Instagram: https://www.instagram.com/busy_proffesional/ — TikTok: https://www.tiktok.com/@busyprofessional

This compilation from "Accounting for Small Business Owners" serves as a comprehensive guide to financial management for small enterprises. It begins by defining fundamental accounting principles and the roles of various accounting professionals, while also outlining different business structures and their implications. The text then explains core accounting terms and the accounting equation, alongside detailing the purpose and structure of key financial statements like the balance sheet, income statement, and statement of cash flows. Furthermore, it provides practical guidance on setting up accounting systems, managing payroll, handling inventory, recording sales, and understanding the costs associated with running a business. Finally, it touches upon end-of-cycle accounting processes, paying taxes and dividends, and methods for valuing a small business.Full podcast episode available here: YouTube: https://www.youtube.com/playlist?list=PLMvxvfJimu-1KknFC-zsve7fhZgSY9VJR // Spotify: https://open.spotify.com/show/43S8mFi7frIuMtqd0VST7O // Apple Podcasts: https://podcasts.apple.com/us/podcast/busy-accountant-the-best-books-reviews/id1807058693 — Follow us for more insights & updates: Instagram: https://www.instagram.com/busy_proffesional/ — TikTok: https://www.tiktok.com/@busyprofessional

"How to Read a Financial Report: Wringing Vital Signs Out of the Numbers" by Tracy and Tracy aims to educate readers on understanding and analyzing financial statements. The book covers the income statement, balance sheet, and statement of cash flows, explaining their components and interrelationships. It emphasizes the importance of cash flow, profit, and financial condition, and discusses key accounting concepts like depreciation, liabilities, and equity. Furthermore, the text explores financial statement analysis techniques, including ratios, and addresses topics like financial reporting reliability, potential for fraud, and the role of CPAs. The authors also touch upon non-GAAP measures and the significance of footnotes and management discussions in comprehending a company's financial health.Full podcast episode available here: YouTube: https://www.youtube.com/playlist?list=PLMvxvfJimu-1KknFC-zsve7fhZgSY9VJR // Spotify: https://open.spotify.com/show/43S8mFi7frIuMtqd0VST7O // Apple Podcasts: https://podcasts.apple.com/us/podcast/busy-accountant-the-best-books-reviews/id1807058693 — Follow us for more insights & updates: Instagram: https://www.instagram.com/busy_proffesional/ — TikTok: https://www.tiktok.com/@busyprofessional

Thomas Ittelson's "Financial Statements: A Step-by-Step Guide" offers a comprehensive and accessible introduction to understanding and creating financial reports, requiring no prior accounting knowledge. The book explains the purpose and structure of the income statement (profit or loss over a period), the cash flow statement (cash inflows and outflows), and the balance sheet (assets, liabilities, and equity at a specific point in time). Through clear explanations and a hypothetical company example, AppleSeed Enterprises, the text covers fundamental accounting principles, the construction and analysis of these key statements, and also explores topics like nonprofit accounting, financial ratios, alternative accounting policies, and potential for fraud. Furthermore, the guide extends into business expansion strategies, risk management, the time value of money, and making informed investment decisions.Full podcast episode available here: YouTube: https://www.youtube.com/playlist?list=PLMvxvfJimu-1KknFC-zsve7fhZgSY9VJR // Spotify: https://open.spotify.com/show/43S8mFi7frIuMtqd0VST7O // Apple Podcasts: https://podcasts.apple.com/us/podcast/busy-accountant-the-best-books-reviews/id1807058693 — Follow us for more insights & updates: Instagram: https://www.instagram.com/busy_proffesional/ — TikTok: https://www.tiktok.com/@busyprofessional

These excerpts from Schaum's Outline of Intermediate Accounting II cover a range of advanced accounting topics. Chapters discuss long-term liabilities, including bonds and notes payable, and stockholders' equity, examining stock issuances, dividends, and retained earnings. The text then explains dilutive securities like convertible bonds and stock options and their impact on earnings per share. Furthermore, it details accounting for investments, both short-term and long-term, and explores various revenue recognition issues, including installment sales and construction contracts. Finally, the material addresses the statement of cash flows, accounting changes and error corrections, pension accounting, post-retirement benefits, and income taxes, alongside an appendix on the time value of money.Full podcast episode available here: YouTube: https://www.youtube.com/playlist?list=PLMvxvfJimu-1KknFC-zsve7fhZgSY9VJR // Spotify: https://open.spotify.com/show/43S8mFi7frIuMtqd0VST7O // Apple Podcasts: https://podcasts.apple.com/us/podcast/busy-accountant-the-best-books-reviews/id1807058693 — Follow us for more insights & updates: Instagram: https://www.instagram.com/busy_proffesional/ — TikTok: https://www.tiktok.com/@busyprofessional

"Nonprofit Bookkeeping & Accounting For Dummies" by Sharon Farris serves as a practical guide for individuals involved in the financial management of nonprofit organizations. The book demystifies nonprofit accounting principles and practices, covering essential topics such as setting up a chart of accounts, managing cash flow, understanding financial statements, ensuring regulatory compliance, and preparing for audits. It also addresses specific aspects like federal grant accounting and payroll taxes, offering accessible explanations and actionable advice. The resource caters to various levels of experience, from those new to nonprofit finance to individuals seeking to enhance their understanding.Full podcast episode available here: YouTube: https://www.youtube.com/playlist?list=PLMvxvfJimu-1KknFC-zsve7fhZgSY9VJR // Spotify: https://open.spotify.com/show/43S8mFi7frIuMtqd0VST7O // Apple Podcasts: https://podcasts.apple.com/us/podcast/busy-accountant-the-best-books-reviews/id1807058693 — Follow us for more insights & updates: Instagram: https://www.instagram.com/busy_proffesional/ — TikTok: https://www.tiktok.com/@busyprofessional

This source, "Accounting Made Simple," by Mike Piper, provides a foundational understanding of accounting principles and practices in under 100 pages. It begins by explaining the fundamental accounting equation and then describes the key financial statements: the balance sheet, income statement, statement of retained earnings, and cash flow statement. The book further introduces financial ratios used to analyze a company's performance and then explores Generally Accepted Accounting Principles (GAAP), including concepts like debits and credits, accrual versus cash accounting, and depreciation methods. Finally, it covers inventory accounting and concludes by emphasizing the importance of the journal entry in the broader accounting framework.Full podcast episode available here: YouTube: https://www.youtube.com/playlist?list=PLMvxvfJimu-1KknFC-zsve7fhZgSY9VJR // Spotify: https://open.spotify.com/show/43S8mFi7frIuMtqd0VST7O // Apple Podcasts: https://podcasts.apple.com/us/podcast/busy-accountant-the-best-books-reviews/id1807058693 — Follow us for more insights & updates: Instagram: https://www.instagram.com/busy_proffesional/ — TikTok: https://www.tiktok.com/@busyprofessional

This book by Mary Buffett and David Clark, titled "Warren Buffett and the Interpretation of Financial Statements," outlines how to analyze a company's financial documents. The authors explain Warren Buffett's methods for identifying companies with a long-lasting competitive edge. It guides readers through understanding the income statement, balance sheet, and cash flow statement, highlighting key indicators Buffett uses. The aim is to teach investors how to find and value businesses with durable advantages for superior long-term investment.Full podcast episode available here: YouTube: https://www.youtube.com/playlist?list=PLMvxvfJimu-1KknFC-zsve7fhZgSY9VJR // Spotify: https://open.spotify.com/show/43S8mFi7frIuMtqd0VST7O // Apple Podcasts: https://podcasts.apple.com/us/podcast/busy-accountant-the-best-books-reviews/id1807058693 — Follow us for more insights & updates: Instagram: https://www.instagram.com/busy_proffesional/ — TikTok: https://www.tiktok.com/@busyprofessional

The book "Financial Reporting, Financial Statement Analysis, and Valuation" by James M. Wahlen, Stephen P. Baginski, and Mark Bradshaw offers a comprehensive, research-grounded yet highly practical approach to understanding and applying financial statement analysis for valuation purposes.It outlines a disciplined framework that integrates economic and strategic insights, accounting quality assessment, profitability and risk analysis, forecasting, and firm valuation. The text emphasizes alignment with both U.S. GAAP and IFRS standards, and features numerous real-world examples and case studies, including companies such as PepsiCo, Nike, and Starbucks.The book explores key accounting principles, such as revenue recognition, inventory costing methods (LIFO, FIFO), asset and liability valuation—including deferred taxes and intangibles—and the analysis of cash flow statements. It also addresses risk evaluation (liquidity, solvency), earnings management, and financial reporting manipulation.Ultimately, the authors guide readers through forecasting financial statements and applying various valuation methods, including dividend-based and free cash flow approaches, to assess a firm’s intrinsic value and support informed investment decisions.Full podcast episode available here: YouTube: https://www.youtube.com/playlist?list=PLMvxvfJimu-1KknFC-zsve7fhZgSY9VJR // Spotify: https://open.spotify.com/show/43S8mFi7frIuMtqd0VST7O // Apple Podcasts: https://podcasts.apple.com/us/podcast/busy-accountant-the-best-books-reviews/id1807058693 — Follow us for more insights & updates: Instagram: https://www.instagram.com/busy_proffesional/ — TikTok: https://www.tiktok.com/@busyprofessional

Steven M. Bragg's "Accounting Best Practices" offers a comprehensive guide to enhancing efficiency and accuracy within accounting and finance functions. The book defines best practices broadly as any improvement over existing systems, acknowledging the varying capabilities of different companies. It covers a wide array of topics, including filing, finance, financial statements, general ledger, internal auditing, inventory, payroll, accounts payable, billing, budgeting, costing, and collections. Each chapter discusses specific best practices, detailing implementation steps, potential benefits, and associated costs and timeframes. The text emphasizes careful planning, the use of technology, and the importance of change management for successful adoption. Ultimately, the book serves as a resource for organizations seeking to optimize their accounting operations.Full podcast episode available here: YouTube: https://www.youtube.com/playlist?list=PLMvxvfJimu-1KknFC-zsve7fhZgSY9VJR // Spotify: https://open.spotify.com/show/43S8mFi7frIuMtqd0VST7O // Apple Podcasts: https://podcasts.apple.com/us/podcast/busy-accountant-the-best-books-reviews/id1807058693 — Follow us for more insights & updates: Instagram: https://www.instagram.com/busy_proffesional/ — TikTok: https://www.tiktok.com/@busyprofessional