Basic Accounting

Everything you wanted to Know about Basic Accounting but were afraid to ask

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My Review for – Survey of Accounting

19 August, 2011 (12:00) | Bookkeeping Courses | By: Accounting Author

The Lowest Price we could find is $228.95 $0.31

SURVEY OF ACCOUNTING 3e, is designed for a one-term introductory accounting course. It provides an overview of the basic topics in financial and managerial accounting, without the extraneous accounting principles topics that must be skipped or otherwise modified to fit into a one-term course. Written for students who have no prior knowledge of accounting, the text emphasizes how accounting reports are used by managers, investors, and other business stakeholders.


Review:

This book was a required text for my graduate level Managerial Accounting class. This textbook was and is by far the most helpful I have ever used. It has understandable text which uses easily understandable examples. However, the most helpful were the tables and graphics which easily break down the content of the chapter into a visual way. Finally, it was extremely helpful that all tables or graphs referred in the text appear on the same page as the reference. If you have been frustrated by flipping pages back and forth between the graph and its explanation, you understand how valuable a book like this can be!

My Review for – Dental Billing, Coding, and Reimbursement – A Dental Temp Training Manual

31 July, 2011 (14:00) | Bookkeeping Training | By: Accounting Author

Best Price $2.99

Want to work in a physician’s office, dental office, hospital, or clinic? Don’t know what to expect? Need to learn? Find out with this new 40 page pamphlet on the ins and outs of the medical office.

With over 25 years of experience in this fast paced and challenging field, Lori shares her experience and lets you in on the secrets of working in a medical office. Find out if this field is for you, and prepare yourself for a new career as a Medical Office Temp.

Want to work in a physician’s office, dental office, hospital, or clinic? Don’t know what to expect? Need to learn? Find out with this new 40 page pamphlet on the ins and outs of the medical office.

With over 25 years of experience in this fast paced and challenging field, Lori shares her experience and lets you in on the secrets of working in a medical office. Find out if this field is for you, and prepare yourself for a new career as a Medical Office Temp.

First Looks: Full Charge Bookkeeping, For The Beginner, Intermediate & Advanced Bookkeeper

27 July, 2011 (14:00) | Bookkeeping Training | By: Accounting Author

Best Price $7.95

FULL-CHARGE BOOKKEEPING, For the Beginner, Intermediate & Advanced Bookkeeper.

Book = 112 pages in 12 Chapters & 8 Appendices, 8.5″ x 11″; eBook = $7.95
Den Publishing Company
It’s Amazing What You Can Accomplish In A Den!
OUR PLEDGE: The Best Products At The Lowest Prices Possible, With Outstanding Customer Service.

Get the Premier Book/Home Study Course on Bookkeeping,
Written by a Nationally Published CPA,
With Extensive Bookkeeping, Corporate
and Public Accounting Experience.

“It’s really a very good book!”
-R.D., Full-Charge Bookkeeper

“It’s good…, right-on and good.”
-G.H., CPA and Controller

This premier “how to” book on bookkeeping:
-Starts with the Job Interview (questions to ask).
-Covers all the Tasks (like A/P, A/R, Payroll, Payroll Taxes, General Ledger, Financial Statements, Year-End Items…).
-Covers all Topics (like Debits & Credits, Insurance, Industry specifics…).
-Includes Checklists (like the New Job Checklist, Master Schedule/Calendar).
-Includes Forms and more (all the way through the outsourcing of Corporate Taxes and Career Advancement).

Beginners – fear not! You’ll notice the author wrote this book with you in mind. In fact, he wrote it with a high school graduate in mind – who knows absolutely nothing about bookkeeping. That’s why he defined all new (bookkeeping) terminology, right at the spot it’s used in the chapter, as well as in a complete 20-page glossary.

“Wow. I’m impressed with the organization of it.
It’s very well put together. I can’t say enough.”
-R.N., Preschool Director

What is a full-charge bookkeeper?
A full-charge bookkeeper performs all of the bookkeeping tasks of any small business, including payroll taxes and monthly financial statements, with little or no supervision. About the only thing ‘outsourced’ is the corporate taxes – typically to a CPA.

“It’s fabulous (and I’ve taken a bookkeeping course).”
-C.D., a Former Bookkeeper

“It’s excellent! … It seems to be quite thorough, which indicates a lot of hard work on your part, GOOD JOB!”
-F.S., Engineer

“You’ve done such a great job giving the step-by-step and providing practical pointers that people would want to have Very nice work overall!”
-D.D., Attorney

“It’s good. I think you really have something for the emerging business. And I love the forms.”
-A.S., Business Owner

“I am a CPA in training… Your book on bookkeeping has been quite helpful… It has cemented some of the core concepts I have learned.”
- C.H., CPA in Training

Book = 112 pages in 12 Chapters & 8 Appendices, 8.5″ x 11″; eBook = $7.95
Den Publishing Company


Review:

Informative, but 1/2 of content is charts and documents that do not format properly. I should have purchased the paper version( and probably will)

An Honest Review for ‘All Your Money Won’t Another Minute Buy: Valuing Time as a Business Resource’

19 July, 2011 (14:00) | Cost Accounting Software | By: Accounting Author

The Lowest Price we could find is $16.98 $0.80

This book covers the many reasons why time tracking, preferably through a Software-as-a-Service platform, is a must for companies of all sizes. It discusses the benefits available through effective key performance indicators and project management, payroll and billing practices, and federal regulation compliance, as well as guides the reader through the buying process. It also discusses numerous pertinent technological advances such as SOA, Telecom and the Internet, and Web2.0.


Review:

As someone who helped Curt edit his book, I have had countless opportunities to pore over the material. I learned so much from reading his arguments and hearing his stories in person.

“All Your Money Won’t Another Minute Buy: Valuing Time as a Business Resource” gives an in-depth look at how tracking your time can make you more profitable. Simply put, keeping track of how time is spent allows you to better manage projects, make strategic business decisions, pay your employees, bill your customers and meet important federal regulations. There isn’t a company out there that couldn’t implement this simple method in order to increase profitability.

Honest Review – Managerial Accounting: Tools for Business Decision Making

16 July, 2011 (14:00) | Bookkeeping Courses | By: Accounting Author

The Lowest Price we could find is $221.00 $1.42

From the leading accounting author team of Weygandt, Kimmel and Kieso, this new edition of Managerial Accounting gives readers the tools they need to succeed, whether as accountants or in other career paths. The book helps build their decision-making skills and understand how to use accounting information to make quality business decisions. The third edition also continues the tradition of unparalleled accessibility by breaking difficult or complicated processes down into manageable, understandable steps.


Review:

Jerry really knows how to help people learn accounting. Learning accounting is about practising but not reading. Reading helps but it won’t solve problems. The one thing I really appreciate about this book is Jerry uses real life accounting practice within companies from different industries to illustrate every single chapter, within which all the accounting theories and principals naturally flow. You can see all the kinds of accounting problems with actual number and data being solved with the application of relevant accounting theories,principals and methods. You know how real things are done. I have read many accounting books, among which loads of books lack exercises for me to practice after I read certain chapter. But buying Jerry’s book, you get two books, one for reading, and one for exams. Nearly half of the book is Exam Questions, which emulate my real exams quite well. I can’t believe an accounting without good exercise questions is an book. If you seriously want to pass exams and know how the real accounting is done,this is the book for you!

A Review for – Time-Driven Activity-Based Costing: A Simpler and More Powerful Path to Higher Profits

14 July, 2011 (14:00) | Cost Accounting Software | By: Accounting Author

The Lowest Price we could find is $45.00 $20.00

In the classroom, ABC looks like a great way to manage a companys resources. But many executives who have tried to implement ABC on a large scale in their organizations have found the approach limiting and frustrating. Why? The employee surveys that companies used to estimate resources required for business activities proved too time-consuming, expensive, and irritating to employees.

This book shows you how to implement time-driven activity-based costing (TDABC), an easier and more powerful way to implement ABC. You can now estimate directly the resource demands imposed by each business transaction, product, or customer. The payoff? You spend less time and money obtaining and maintaining TDABC dataand more time addressing problems that TDABC reveals, such as inefficient processes, unprofitable products and customers, and excess capacity. The authors also show how to use TDABC to link strategic planning to operational budgeting, to enhance the due diligence process for mergers and acquisitions, and to support continuous improvement activities such as lean management and benchmarking.

In presenting their model, the authors define the two questions required to build TDABC:
1) How much does it cost per time unit to supply resource capacity for each business process?
2) How much resource capacity (time) is required to perform work for a companys many transactions, products, and customers?
The book demonstrates how to develop simple, valid answers to these two questions.

Kaplan and Anderson illustrate the TDABC approach with a wealth of case studies, in diverse settings, based on actual implementations.


Review:

Activity-based costing was introduced in the 1980s to correct the inaccurate allocation of overhead from standard cost systems, but activity-based costing systems were expensive to build, complex to sustain, and difficult to modify, according to Robert Kaplan and Steven Anderson in this book. According to the authors, Time-Driven Activity-Based Costing is simpler, cheaper and more powerful.

The authors’ costing model assigns resource costs directly to resource objects. Firstly, a capacity cost rate is calculated for each department or process, being the total cost of the resources used by the department or process divided by the time available from the employees conducting the work. Secondly, an estimate is made of the demand for resource capacity that each cost object requires. This makes it very easy to see how much it costs to serve a particular customer, or how much excess capacity there is in a department.

The value to a business in implementing a system of the type advocated by the authors will depend on the extent to which the activities of the business consist of standard processes and the extent of benefits gained from knowing the cost of serving individual customers. The system might be better suited to a manufacturing firm, in which the time taken for each process can be estimated accurately, than to a law firm, where the mysterious activities engaged in by attorneys might defy rational measurement.

In my opinion the main value of the book is in the first few chapters where the principles of the system are explained. The last half of the book contains a number of case studies which are likely to be of interest only to those who have businesses similar to one or more of those described in the case studies.

A Video – Bookkeeping for Small Business – Basics and Learning Tutorials to Understand How Bookkeeping Works

10 July, 2011 (14:00) | Bookkeeping Training | By: Accounting Author

Here’s a nice video I was watching. Posted it here for my readers.




Author’s Description:

Lean essential Bookkeeping Basics for small These training lessons and tutorials on bookkeeping are easy to understand the subject Small businesses must use correct bookkeeping practices to ensure better management of their business and meeting statutory tax This double entry accounting method is one of the oldest accounting process still in use for You can select and use one of the many popular small business accounting and bookkeeping software to quick start the


Howto

Tagged with: small business bookkeeping, bookkeeping tutorials, learning bookkeeping, bookkeeping training, bookkeeping basics, how bookkeeping works.



This video has had 21 views and is 89 seconds in length


Cool Video – Accounting, Bookkeeping Courses In South Africa

8 July, 2011 (14:00) | Bookkeeping Courses | By: Accounting Author

I really like this video and decided to post it here for you to watch. Enjoy




Author’s Description:

- For bookkeeping and accounting courses in South Africa the Oxbridge Academy Accounting Diploma is a career-orientated skills The diploma is issued by Oxbridge Academy and is endorsed by the South African Institute of Management The programme has 4 learning modules including Bookkeeping, Accounting, and two Financial Management We teach until you pass! Read more about this SA accounting academy’s accounting courses in South Africa:


Education

Tagged with: sa accounting academy, accounting courses, financial accounting courses, accounting course, courses in accounting



Bookkeeping Certification Is It Essential For A Career In Bookkeeping?

3 July, 2011 (14:00) | Bookkeeping Training | By: Accounting Author

A person interested in a career as an accountant or bookkeeper, will need to become certified within the United States in order to do so. Those individuals that practice bookkeeping for any type of business must pass a certification exam in order to become a licensed bookkeeper. Most people will need to complete a bookkeeping course of some type in order to pass the examinations to receive their bookkeeping certification.

What Does Bookkeeping Certification Involve?

In order to become a certified bookkeeper in the United States, a person must meet three main requirements. The individual must pass a national examination; sign the AIPB (American Institute of Professional Bookkeepers) code of ethics, and within 3 years of passing the examination show proof of work as a full-time bookkeeper.

The national certification examination is multiple choice and consists of four parts. The first two parts are given by a proctor and cost $200 to complete. The third and the fourth parts of the examination are done in a workbook and resources can be used. There are over 300 testing centers in the United States that offer the bookkeeping certification examination.

The AIPB code of ethics outlines the professional responsibilities of a bookkeeper. Each individual who passes the bookkeeping examination must then sign this code of ethics before becoming a certified bookkeeper.

After completing the examination and signing the code of ethics, an individual may begin work as a bookkeeper. The final part of becoming certified entails providing proof of working full time as a bookkeeper for a minimum of two years after the examination was complete. A person can also work part time and show proof of working at least 3000 hours as a bookkeeper.

Where to Find Bookkeeping Certification Programs

Currently, there are only two major organizations within the United States that offer certification for bookkeeping. They are the American Institute for Bookkeepers and the National Association of Certified Professional Bookkeepers. These two institutions offer different titles upon completion.

The AIPB is the more well known of the two and a person completing the certification examination through this organization will receive the title “Certified Bookkeeper.”

The person who chooses to complete the NACPB examination will receive the title “Certified Professional Bookkeeper.”

A Career as a Bookkeeper

A person choosing bookkeeping as a career will have a number of jobs to choose from. Almost every company in the country needs a bookkeeper of some type in order to help maintain their business and financial documents. Bookkeepers are needed in each area of industry as well as in the government. Some of the largest number of bookkeeping jobs available will be in the health care industry, with the government, in education, and in payroll services.

There are full time and part time jobs available, as well as office jobs and work at home jobs. A bookkeeping job is very flexible and a person choosing this career should find many options available to meet their needs. Currently, the average salary for a bookkeeper is around $32,000.

My Review for – MBA Fundamentals Accounting and Finance

28 June, 2011 (14:00) | Bookkeeping Courses | By: Accounting Author

The Lowest Price we could find is $19.95 $10.47

How do you make sense of the accounting report or balance sheet youve just been handed? How do these reports help you to understand the companys performance? How do you use the numbers you have been given to make good business decisions in the short- and long-term?

MBA Fundamentals in Accounting and Finance offers real-world accounting and finance basics that can be applied today. In the business world, we are frequently called on to review and analyze financial data. This convenient and straightforward guide offers everything you need to know about the numbers to ensure your businesss growth.

  • Understand the functions of accounting
  • Learn how to read a financial statements, balance sheets, income statements, and more
  • Analyze profit and cash flow
  • Improve your forecasting and strategic-planning skills