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March 20, 2015


Essentials You Always Wanted To know
Self Learning Management Series
Kalpesh Ashar

Kalpesh Ashar                        Vibrant Publishers

INTRO (from Amazon)
 Financial Accounting Essentials You Always Wanted To Know covers Financial Accounting concepts in concise and easy-to-understand manner for business professionals and non-finance graduates. This book includes Financial Accounting FUNDAMENTALS, SOLVED Examples, Important CONCEPTS & PRINCIPLES and Ample PRACTICE Exercises. The topics covered are:
a) Understanding of Financial Accounting Terms
b) Need, nature and purpose of Financial Statements
c) Audience of Financial Statements
d) Balance Sheet
e) Income Statement
f) Statement of Cash Flows
The book is divided into separate chapters, each dedicated to a single concept in Financial Accounting. The flow is such that it builds the reader’s understanding in stages. At the end of each chapter there are ample solved examples that help apply the concepts learnt in the chapter. This is followed by Practice Exercises that give an opportunity to the reader to apply the learnings from the chapter.
The reader gains the following competence after reading this book:
a) Understanding of individual items in Financial Statements
b) Reading and understanding Balance Sheet, Income Statement and Statement of Cash Flows
c) Preparing Balance Sheet, Income Statement and Statement of Cash Flows
This Self Learning Management Series intends to give a jump start to working professionals, whose job roles demand to have the knowledge imparted in a B-school but haven’t got a chance to visit one. This series is designed to address every aspect of business from HR to Finance to Marketing to Operations, be it any industry. Each book includes basic fundamentals, important concepts, standard and well-known principles as well as practical ways of application of the subject matter. The distinctiveness of the series lies in that all the relevant information is bundled in a compact form that is very easy to interpret.

Product Details

  • Series: Self-Learning Management
  • Paperback: 126 pages
  • Publisher: CreateSpace Independent Publishing Platform (April 9, 2011)
  • Language: English
  • ISBN-10: 1461068215
  • ISBN-13: 978-1461068211

In this book, the average person can while working with a small staff to learn whose  skills are for who to do.  That doesn't mean that a business doesn't need a paid accountant.  The author wrote a very concise, well written book  to fill the areas that a small business doesn't have the knowledge of. The book is a start to Understanding of Financial Accounting Terms; Need, nature and purpose of Financial statements; balance sheet, income statement,statement of Cash Flow.  The real basics.  The author takes the reader through the fundamentals of accounting, testing at every phase, offering problems, then their solutions and by the end of the even the most novice beginner will begin understanding and applying the individual items in Statement and Statement of Cash Flows and preparing Balance Sheets, Income Statement and Statement of Cash Flows.  This is a self learning book.  You can go at your own speed and go over and over until you completely understand what to do.

I received a complimentary copy of FINANCIAL ACCOUNTING frrom the author Kalpesh Ashar for my view of the book.

I would give this book 5 STARS.


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