Accounting is an intensive field of study that demands your dedication towards calculations and a love for numbers. While studying this quantitative field, it is easy to feel confused about the formulas and procedures to facilitate complex calculations. But, there is nothing impossible when you have developed love and dedication towards a subject. If you are aiming to build your career in Accountancy, it is important to equip yourself with the basics of this field. Through this blog, we aim to bring you the top accounting books for beginners which have captured the essence of Accounting in the most simplistic manner thus helping you learn the key concepts and topics of this discipline in an easier way.
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This Blog Includes:
Profit First by Mike Michalowicz
Profit First is amongst the top accounting books for entrepreneurs who are interested in delving deeper into the basics of accounting along with managing a business, earning profits and making better investment decisions. Michalowicz provides readers with useful tips related to business accounting and investment such as having separate accounts for separate purposes and making use of the operating capital so that the profit is saved for further investment purposes. It is a must-read for small-business owners aiming to grow their start-ups and searching for the best ways to maximize profits.
Accounting for Non-Accountants by Wayne A. Label
As one of the best accounting books for beginners, Accounting for Non-Accountants is for those who don’t know anything about how financial accounts are managed as well as the process of bookkeeping. If number crunching is not your cup of tea, then this is the perfect book for you. It also contains a glossary of the accounting jargons to help you comprehend the key terms. Further, the book consists of only twelve chapters as well as a simplified language which a layman can easily understand. Thus, if you are curious about the meanings of balance sheets, operating accounts, cash balances and other related terms, then pick up this book to get a good hold of these concepts and the basics of accounting.
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Key Business Analytics by Bernard Marr
This book is mainly for those business professionals who aim to strengthen their knowledge about accounting and analytics. As one of the popular accounting books that also comprises business management concepts, it will provide you with the techniques of measuring the financial data and using it in a way that would be profitable for the organisation. Moreover, it also imparts the readers with strategies to work towards maximizing the profits and how the collected financial data can be used to extract valuable information. It is a must-read book for both accounting and management professionals as it will provide you with imperative insights into the real world of business, real-time data and their analyses.
Recommended Read: Diploma in Financial Accounting
Rich Dad, Poor Dad by Robert Kiyosaki
Amalgamating storytelling to impart the complex concepts of accounting, Rich Dad Poor Dad is one of those accounting books which is beyond number-crunching, jargons and accounting theories. This book consists of two beautiful stories which are used as examples to educate the reader about the basic concepts of accounting. It teaches readers about the real-life problems that many businessmen face and then impart the knowledge of utilising your revenues properly, investing profitably and reaching a good credit score.
Accounting Information Systems for Decision Making by D. Mancini
For those aiming to strengthen their knowledge about Accounting Information Systems, this book comprises of a compilation of research papers and covers several important topics which are relevant to the decision making of the firm. Further, it is amongst the popular academic accounting books and strives to provide students with an overview of the current state of AIS research as well as its applications.
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Hence, we hope that this blog has provided you with some major accounting books that you must add to your reading list. If you are planning to pursue a degree in Accounting but feel confused about course or college to opt for, book an e-meeting with our Leverage Edu experts and we will help you make an informed decision towards a rewarding career in this field.