These 80 pages: "Introducing the Essentials of Basic Accounting, Get it Straight is, what you see, is what you get. It is a thorough introduction to the essentials: From the basic definitions, what makes up the financial statements from the definitions, make makes up the financial statements, (U.S. GAAP and IFRS) applying debits and credits, the Chart of Accounts, what is an account? Among others to a mini-income statement and balance sheet.
Oher topics: Accruals, depreciation disposition of a capital asset, cost of sales, subscription revenue, prepayments, adjusting journal entries, cash vs the accrual methods, manufacturing and Ratios.
As a small business owner, does your bookkeeper tells you whatever they want as you know nothing about basic accounting? The bookkeeper can hold a gun to your head
Gain an immediate (rate of return) on professional fees paid as you aren't paying the accountant for repeating the concept month after month. Use the time to ask more important questions.
Beginning Accounting 101? Gain an overview of the accounting basics?
Time is money. Spent 18 hours viewing free YouTube videos coming out more confused than you went in? Most of these videos serve as bait to sign on new clients, replacing the one you have. When all said and done, the move is generating zero benefit and possibly, hidden higher fees. You don't speak the accountant's language.
"Accounting is the Language of Business" from the smallest to the multinational.
Anybody can produce a financial statement or the data for tax filing. Is it Accurate? The 3Q's: The quality of the reports depends on the quality of the input and the quality of the management of the input"
The accounting section in: "Financial Accounting, Corporate Structure, U.S. Bankruptcy, U.S. IRS Tax Debt Relief Programs, U.S IRS Audit and falling under Intellectual Property: Copyrights, Patents, Trademarks and Trade Secrets" Get it Straight which is 80% question and answer format is more detailed, for example, the introduction to the balance sheet is over 20 pages.
Don't wait for a financial disaster before gaining these essential accounting basics.