Accounting for Dollars, Thinking with Sense
Accounting Explained in Plain English
By: Benjamin Morris
Accounting for Dollars: Thinking with sense is a plain English guide to accounting. Accounting can be daunting to learn, particularly if you are coming from a non-accounting background. The book is designed to tell you 'what you need to know' to lay a solid foundation so you can successfully navigate your way through accounting, both in your studies and in the real world. Are you a student? The study guide will help you make the leap from your lecture notes to your textbook and 'fill in the blanks'. With clear explanations, colourful examples and end-of-chapter questions and solutions, this book will provide the building blocks for you to understand the world of accounting. Are you in business? Surrounded by accounting whether it be in reviewing business performance, setting prices, discussing profit, making decisions, or maybe working out how your bonus is measured. If you don't have an accounting background or, if you haven't studied accounting for a while, then this book will help you understand what it all means.
AI Overview
"Accounting for Dollars: Thinking with Sense" by Benjamin Morris is a comprehensive guide to accounting, designed to make the subject more accessible and understandable for readers without a background in finance or accounting. Here is a detailed overview of the book:
Key Themes
- Plain English Approach: The book is written in plain English, aiming to demystify accounting concepts and make them easier to grasp for non-accountants.
- Practical Application: It focuses on practical applications of accounting principles, helping readers understand how these concepts are used in real-world scenarios.
- Dual Training: As noted in the book review, Benjamin Morris is dual-trained in law and accountancy, which provides a unique perspective on the subject.
Plot Summary
The book does not have a traditional narrative structure but rather presents a structured approach to understanding accounting. It covers various aspects of accounting, including financial statements, budgeting, and financial analysis. The content is organized in a way that makes it easy for readers to follow and understand the different components of accounting.
Critical Reception
The book has received positive reviews for its approach to explaining complex accounting concepts in simple terms. Here are some key points from the critical reception:
- Book Review by Informit: The book is described as an "excellent new addition" to LexisNexis' publications, highlighting its value in making accounting accessible to a broader audience.
- Book Review by Ethos: The review notes that the book is a guide to accounting explained in plain English, with a recommended retail price of $45.00. It is praised for its clarity and practicality.
- Catalogue Entry by National Library of Australia: The catalogue entry summarizes the book as a guide to accounting explained in plain English, aimed at making the subject more understandable for non-accountants.
Conclusion
"Accounting for Dollars: Thinking with Sense" by Benjamin Morris is a valuable resource for anyone looking to understand accounting principles without needing a deep background in finance or accounting. Its plain English approach and practical applications make it an excellent choice for both beginners and those looking to refresh their knowledge in the field. The positive critical reception further underscores its effectiveness in making complex accounting concepts more accessible.