Book Description
Whether you’re a small business owner or just want to understand your 401(k) statements, a basic understanding of accounting practices is important for anyone who handles money. Knowing how to balance the books and stay in the black is vital for keeping a business afloat or keeping your checkbook balanced.
If you need to keep the books in order, this new edition of Accounting For Dummies helps you get a handle on all those columns of numbers. It offers fully up-to-date coverage of accounting basics and includes all the tools and tips you need to:
- Make sense of bookkeeping basics
- Read a financial statement
- Manage budgets for a better bottom line
- Analyze business strengths and weaknesses
- Evaluate accounting methods and business structures
John Tracy, Certified Public Accountant and former professor of accounting, presents everything you need to know to master modern accounting. Packed with practical guidance and real-world scenarios, this handy guide covers it all:
- Making and reporting profit
- Reporting a company’s financial condition
- Preparing financial reports
- Budgeting profit and cash flow
- Choosing and implementing accounting methods
- How to read a financial report
- Audits, accounting fraud, and audit failure
- How to decipher accounting jargon
- And savvy ways businesses use accounting
From balance sheets, to income statements, to inventory, almost every aspect of modern business requires basic accounting techniques. You’ll learn it all here. Plus, this new edition covers the impact of the Sarbanes-Oxley Act of 2002, recent accounting fraud scandals, the establishment of the Public Company Accounting Oversight Board, and the new financial reporting standards for stock options and financial derivatives.
Customer Reviews:
Great book - very simple........2007-06-05
Great book. I can't do math (I went to private school) but even I was able to follow the clear, well written formulas in this book.
Great Book!.......2006-11-07
This is a great accounting book, but I work in a government office and the procedures here are very different that what is depicted in the book. I found some sections very helpful though and if I worked at a small business and was required to set up an accounting system this would have been that perfect book.
Excellent ... for certain purposes.......2006-07-26
Accounting for Dummies is an excellent book for dummies to understand accounting practices, not necessarily perform accounting yourself. Whether this book will be helpful or not depends on your educational goal.
If you are a small business and want to learn how to "keep the books," this book isn't for you. I think Idiot's Guide to Accounting is more geared for that.
However, If you want to learn the termonology and ideas behind accounting practices this is good. I'm a graduate business student who never had accounting in undergraduate classes. This book was very helpful in "getting me caught up." It also helps you learn to read and understand a financial statement as well.
The book is also well read, easy to read and follow. Termonology is clearly explained and future mention of those ideas have references back to the original explanation. There is a good glossary in the back and the index is very complete.
Great Overview.......2006-07-11
I am an entry-level financial analyst straight out of college with little accounting experience (due to a broad liberal arts education) and who had never read the 3 financial statements prior to working. This book was my savior. It explains accounting on a conceptual level, which has been perfect for me. Great for an analyst, not the book for an auditor, obviously. It's great for someone who wants to learn to analyze and become proficient/literate at reading the statements, not for someone who wants to know exactly how to do bookkeeping (which is exactly how the author qualifies his book in the beginning). I'm a big fan of John Tracy's writing, which is easy to read and concise. This book led me to read his other accounting book, "How to read a Financial Report," also a great read.
Misnamed.......2006-04-07
Although billed as a reference on accounting, this book is very inadequate for that purpose.
There are numerous accounting basics that are not mentioned or only touched on in passing. Among those that are not addressed at all are the following: monetary measurement, separate entity, realization, materiality. There are also other essentials that are missing.
There are several other fundamentals that are not covered adequately. Items in this category include these: FIFO, LIFO, and double entry accounting. Even the three essential reports of accounting - the balance sheet, income statement, and statement of cash flows - are inadequately covered.
This may be ok as a supplement to another book, but it is lacking a bit as a standalone on the subject it purports to cover.
Book Description
The U.S. government began standardizing and regulating financial reporting in 1929 when the stock market crash made it painfully clear that businesses often made absurd claims and that investors were either gullible, unable to verify information, or both. Now, financial reports are used by a company’s management to measure profitability (or lack of it), optimize operations and guide the company, by banks and other lenders to gauge the company’s financial health, and by institutional or individual investors interested in purchasing stock.
Unless you’re financially savvy, annual reports with all those figures, frustrating footnotes, and fine print are boring and intimidating. However, once you have a fundamental knowledge of finance and its basic terminology, you can find the juicy parts. Reading Financial Reports For Dummies by Lita Epstein, a teacher of online financial courses and author of Trading for Dummies, gets you up to speed so you can:
- Go past the prose that can maximize the positive and minimize the negative and get information in dollars and cents
- Get an overview from the big three—the balance sheet, income statement, and statement of cash flows
- Understand the lingo and read between the lines
- Calculate basics like PE, Dividend Payout Ratio, ROS, ROA, ROE, Operating Margin, and Net Margin
It pays for investors to be somewhat skeptical instead of gullible. Pressured to please Wall Street, companies are sometimes tempted to use “creative” accounting. You’ll discover how to:
- Detect red flags (that, unfortunately, aren’t emphasized in red) such as lawsuits, changes in accounting methods, and obligations to retirees and future retirees
- Understand the different reporting requirements for public companies and private companies with various types of business structures
- Analyze a company’s cash flow, a prime indicator of its financial health
- Scrutinize deals such as mergers, acquisitions, liquidations and other major changes in key assets
Organized so you can start where you’re comfortable and proceed at your own pace, Reading Financial Reports for Dummies helps managers prepare annual reports and use financial reporting to budget more efficiently and helps investors base their decisions on knowledge instead of hype. Whether you’re in business or in the stock market, knowledge is always an asset.
Customer Reviews:
Even Better Than I Had Hoped..........2007-07-14
I've never taken the time to leave feedback about any books I buy, but this book I really got a lot out of, and highly recommend.
Although the description of the book seems to mostly focus on reading financial reports in order to evaluate companies you might want to invest in by buying stock, I bought the book because I wanted to be much more comfortable with reading - moreover analyzing and understanding - financial statements for business management purposes.
Boy, I was NOT disappointed! By reading the book and constantly referring to the financial statements of 2 companies (Mattel and Hasbro), and interpreting, analyzing and comparing the numbers, I have really learned quite a lot about how to manage by the numbers. Now, when I look at financial statements, I know what every line means, I know what I'm looking for, how to interpret the numbers and changes in the numbers and/or ratios over time - I'm truly just as pleased as punch! This book is worth every penny you pay for it.
And, because the author also tosses in a lot of revealing and useful information about analyzing financial statements to evaluate a company and the worth of its stock, I received quite an education there as well. Very eye opening.
Whether you're a business owner, manager, accountant or stock investor, if you're even considering getting this book to enhance your knowledge, get it. It's a very, very good book. I kept a highlighter and some post it notes at my side, you may want to do the same. In any event, after reading this book (which, by the way is NOT a 'dry' read) you will have deep knowledge of financial statements - balance sheet, profit and loss (income statement) and cash flow statement.
I highly recommend this book.
Learn to examine financial statements more effectively and efficiently........2007-05-28
I am a lawyer in technology, entertainment and corporate law. I bought this book for one of my children who is an undergraduate business major. After buying the book, I ended up reading the book myself. It helps the reader to review financial statements much more effectively and efficiently. It's the best book I've seen on the topic. I highly recommend this book to anyone who wants to better understand what to look for and beware of in financial reports.
Excellent value ... just buy it!.......2007-03-25
I recently had to take a week long seminar about financial statements and didn't want to go in cold turkey and possibly embarass myself ... so I bought three books thru Amazon to help me learn about financial statements, this one being the most comprehensive.
I'll make this short and sweet ... this was an excellent book by any standard ... the other two books were brief and excellent overviews, but I'd have to judge Lita's (author) book as superb.
It was as if I learned detail from a text book (factual substance), but then had her sitting beside me saying ... ok, you know such and such, now this is how it really works, or this is how you apply it, or this is what it means, or this is what you need to do next, or these are the tricks of the trade only insiders know, etc. Plus her 10 real world discussions of what went wrong with certain corporations ... Enron, WorldCom/MCI, Tyco, etc., are very interesting reads.
For instance, she tells you how to go about listening to a call between analysts and corporate executives, which honestly I did not know you could do. It's this added perspective of an experienced insider's knowledge of the business that puts her above the rest ... and this being a 362 page book, which I read cover to cover, there are plenty of these types of examples.
For anyone who is not well versed in this subject matter, but WANTS to learn about it, quit pondering the purchase and just buy the book. It is money well spent ... I guarantee it.
Oh, and by the way, Lita dedicates the book to her father, who was an auditor and savings and loan examiner ... so you know she was taught plenty by ole Dad ... this stuff was in her blood from the get go, and she communicates her extensive knowledge very well.
I sincerely congratulate her on such a fine work. I enjoyed it immensely! Thank you Lita ... Jim
opening the pandora s box.......2007-02-09
reading financial report for me before is just like reading numbers but reading this book is it s not just only reading but also analyzing and decoding the numbers found in the financial reports..The authors use laymans term in order that the reader can understand the different accounting jargons.it is just __knowing yourself and knowing your investments... this book is a must for a serious investor and this book is intended for a defenceless investor who have no knowledge in checking the financial health of the company.
Reading Financial Reports for Dummies.......2007-01-10
If you know nothing about Financial Reports, this is the book for you. Everything is written in terms that you can understand without being a Chief Financial Officer.
I would highly recommend this book for anyone, whether it be career-related or for personal financial review of annual reports, insurance, etc.
Book Description
- Revised and updated to cover changes to all of Office's applications and productivity tools
- Offers beyond-the-basics coverage of Office word processing, spreadsheets, presentations, e-mail, databases, and desktop publishing
- Covers Word, Excel, Access, PowerPoint, Outlook, Publisher, productivity tools such as Microsoft OneNote, and SharePoint
- Thoroughly updated to cover the new Office interface as well as new features in each application
Customer Reviews:
Great Reference Book!.......2007-08-13
Being new to any Microsoft Office product, when I purchased Office 2007, I was pretty lost. Microsoft's on-line tutorials were useless, so I purchased Office 2007 for Dummies, thinking I would use it mostly as a reference. It was so well written and easy to understand, I actually read the entire book, and am looking forward to using Publisher and Power Point (I initially purchased Office for Word and Excel). I found working with Office 2007 easy after reading this book, and have had to utilize the book as a reference very minimally. Utilizing the table of contents and index, I can quickly locate what I am looking for. I am sure this book saved me hours of frustration by laying out the concept behind the Office 2007 design, and showing me how to quickly hunt for commands that I know are there (from reading about them in the book). I am sure my learning time was greatly reduced. Great job Peter Werverka!
All in One Desk Reference for Dummies-Office 2007.......2007-07-29
Excellent reference guide for the new Microsoft Office 2007. Without it I would have been stumbling around trying to figure out some of the functions as this new edition is very different.
Great Product!.......2007-07-10
Mail delivery was faster than I thought - and the reference book is being used every day. The manual we got with the program did not explain half of what I needed and this reference is easy and fast!
Extremely Helpful Book!.......2007-06-26
The Office 2007 All-In-One Desk Reference for Dummies is very helpful for someone trying to weather the transition from previous versions of Microsoft Office to the new Microsoft Office 2007. This book not only covers common office applications, but gets into more detail for each program (Word, Outlook, Excel, Access, etc.) I would highly recommend this book to anyone who needs an easy-to-follow guide to the new software.
good reference for Office 2007.......2007-06-02
I don't consider myself a "dummie" but this was the 1st book of the dummies series that I have purchased. I purchased it to get acquainted with the new features in Office 2007.
I like the fact that the book has so much information on all the programs in Office 2007; tips, reminders, and warnings.
I won't sit and read the entire book but see using it as I take on projects using the new programs. I did not purchase the on-line version but I am considering that option so I can access the information even when I am at school/work.
Book Description
- SOA is the most important initiative facing IT today and is difficult to grasp; this book demystifies the complex topic of SOA and makes it accessible to all those people who hear the term but aren't really sure what it means
- This team of well-respected authors explains that SOA is a collection of applications that enables resources to be available to other participants in a network using any service-based technology
- Examines how SOA enables faster and cheaper application development and how it offers reusable code that can be used across various applications
- Covers what SOA is, why it matters, how it can impact businesses, and how to take steps to implement SOA in a corporate environment
Customer Reviews:
I'm no dummy, but this is good!.......2007-09-09
I have always been seriously put off by the "Dummies" series. I would like to buy books that assume some intelligence on the part of the reader. I don't like being talked down to.
But this book doesn't do that. Instead it explains concepts clearly, and has been a great help to me in understanding the clouds of jargon that surround this topic. The explanation of the components of SOA and how they hook together is excellent!
Because I am not yet directly involved, I cannot judge the accuracy of their details (and of course, they may change over time), but since the objective is to get the main concepts across, I believe the authors are successful.
I really wish, though, that the series were called "Achieving Buzzword Compliance in ...".
Disappoing Book.......2007-08-30
The one thing that most people agree upon for SOA is that there is a lot of confusion. This book unfortunately adds to that confusion.
If you want to know what is going on today in what is being called SOA, this book is fine. It takes a look at what is out there, and reverse engineers it and describes the pieces. Unfortunately what is being done in general and what SOA is supposed to be is quite different.
If you were interested in what SOA is SUPPOSED to be, this book is very far off the mark. If you look at Thomas Erl's definitive books on SOA, you will see a vast difference from SOA as described in this book. Some of the chapters are overviews, for those with little or no existing knowledge of SOA, which is probably what you really wanted.
This SOA for Dummies book might be summarized as:
* SOA is good
* Everybody will be doing it
* Lots of companies are working in that area to implement SOA
* Lots of companies are creating SOA related products
* If you don't go SOA, your company will fail
* There is confusion
* We are a consulting company to help you
But my guess is you already knew this.
One aspect that is missing is an emphasis on open source SOA products. This book focuses primarily on commercial products. Even the commercial sources are continuing to donate parts of their systems to open source, so what was commercial is now open source. That is the continuing trend.
I would say take this book as light reading (even though it's 350 pages), but don't try to remember too much of it. Don't presume the people implementing SOA really know what SOA is all about. I've seen SOA described formally in detailed all the way to the other extreme where some people call everything on the Web as part of SOA, which it isn't. So when you hear someone talk about SOA, be really skeptical.
This book tells you what is going on, not what should be going on. The question for you is just what to you want to implement. Because you want to do it right the first time. Calling anything that has a "service" as part of SOA, won't get you there.
Good Refresher.......2007-08-18
It has been a few years since I worked with Web Services so I was looking for a book that would get me started again. This book did the trick. In addition to the ramp up, I also appreciated the end material including chapters for each major SOA vendor and a good glossary.
Mostly theory.........2007-06-08
This is my first book in the dummies series.I being a technical guy, expected more working examples with explanation.But it is mostly theoretical. The case studies made interesting reading. This book will be suited for managers than technical persons.
Great for cutting through the hype.......2007-03-22
I have used this book and recommended to my staff to help clarify terms, get agreement on basic principles, and help everyone explain SOA better to those who need it explained. The authors have a wealth of experience and have really helped us cut through the jargon jungle which surrounds this area. I recommend it for pros and novices alike.
Book Description
Keep your small business finances in tip-top form
Manage your business accounting and financial management tasks—quickly and accurately
If you're like most small-business people, accounting is the last thing you want to spend lots of time on. That's where this handy guide comes in. Written by a CPA, it quickly walks you through bookkeeping basics -- and shows how QuickBooks can put your accounts in order so you can spend less time with the books and more time on business.
Discover how to
- Build the perfect budget
- Prepare customer invoices and record sales
- Produce common financial statements
- Manage inventory
- Simplify tax return preparation
- Balance accounts
Customer Reviews:
not what i expected.......2007-06-06
I was hoping that this book would be for an experienced Quickbooks user but it is not. It is designed for the novice user who doesn't know much about accounting.
Excellent introductory book . . ........2007-05-13
I own a single employee service based business and recently made the jump from Quicken Home & Business to Quickbooks 2007 to prepare for growth, (and to appease my accountant). Quickbooks will take several hours to set up and get running for most people, and nothing beats good old trial and error experience, but this book helped a ton, especially when initially researching and preparing the initial "defining" of my company file. I own several Dummies' books, have always been a fan of the style of writing, and this book is no exception. Presently, it is the only book I have assisting me in running Quickbooks, and so far, it has been sufficient.
Outstanding as always.......2007-03-13
Perfect explanation for the basics of Quickbooks although not for specific versions but information applies to all versions.
The Latest Revision of the Best Selling Software.......2007-02-11
First, if you're running your own business you are required by law to keep accounting records using some sort of common-sense accounting system that clearly reflects income. That's net income, after legitimate expenses. The IRS wants their share, and if you don't have an accounting system, they will do it for you and you won't like the result.
Second, why use QuickBooks? 1. Using a computer is a lot easier than doing it by hand. 2. QuickBooks is cheap (especially on eBay), fast, easy to use, and well accepted by big brother at an audit.
Why use this book to learn QuickBooks? 1. Stephen Hunter has been doing Quickbooks books since at least 2000, he's had lots of practice, lots of time to expand areas that were unclear or to fix errors. 2. For Dummies books are well written, well edited, just a bit of humor in between the dull computer stuff.
Of course being QuickBooks 2007 this book is up to date with the most current version of the software. You just as well stay up to date as it reflects the latest changes in the tax code, and it doesn't cost that much more.
Book Description
- Microsoft SharePoint now has a 10 percent share of the portal market, and the new release, which features enhanced integration with Office 2007, is sure to give SharePoint a boost
- Offers clear instructions and soup-to-nuts coverage of this complex product, focusing instead on practical solutions to real-world SharePoint challenges
- Features tips, tricks, and techniques for administrators who need to install and configure a SharePoint portal as well as ordinary users who need to populate and maintain the portal and use it for collaborative projects
- Topics covered include setting up a SharePoint portal, matching SharePoint to business needs, managing portal content, branding, collaborating on SharePoint sites, using a portal to improve employee relations and marketing, putting expense reports and other interactive forms on a portal, and monitoring and backing up SharePoint
Customer Reviews:
Better for the Administrator.......2007-09-13
This book is great for the SharePoint administrator. Unfortunately, I'm the user creating and populating the sites rather than installing the server. There are a few sections for the user at my level, but I'd anticipated a Dummies book wouldn't be for the techies. I also wish it had more screen shots to demonstrate things, but I suppose it would wind up becoming a 1000 page book then. It's fine for what it is, and I did pick up some tips, so it wasn't a complete waste for me. I found SharePoint 2007 User's Guide: Learning Microsoft's Collaboration and Productivity Platform to be a bit more practical for my needs. I still haven't found THE training resource I need to help others utilize SharePoint the way it was intended.
Good to get you up-and-running.......2007-08-31
I was under the gun to assist a client in fine-tuning their new deployment of Sharepoint server 3.0. having alot of dba, lotus notes and asp.net experience helped, but this book is from where i pulled the specifics on WSS. it's a bit much trudging thru at first, but when you're 50-75% complete, you have a good understanding of administration and some development tips to get you started in the right direction. mostly, i found this book to be a solid reference guide to look back and quickly refresh myself with the specifics on how-to.
-Frank Melvin IV
www.melvinsystems.com
SharePoint 2007 For Dummies.......2007-06-27
I ordered this text with the intent of creating and modifying team sharepoint sites. Primarily "end-user" kind of work, however this text is far more technical than what I need. It is more for system administrator, not site administrator. I have since ordered "Sharepoint Designer X for Dummies". I think that will be more what I am looking for but it is not yet available.
Review Submitted 6/27/07
Excellent book for SharePoint Administrators.......2007-06-15
This is a great book to get you familiar with what SharePoint offers and what it can do for your organization. The author covers everything from initial installation and configuration to setting up the SharePoint sites. She explains the terminology and concepts very clearly. Plus, she goes beyond the tech-speak and gives real-world examples of how SharePoint can be used and how to sell SharePoint to your organization (advantages for collaboration and communication). I highly recommend this book to anyone who is interested in learning about SharePoint and/or has been tasked with installing and/or administering SharePoint. Before you read anything else on SharePoint, read this book.
Excellent Book.......2007-05-15
This book is the best way to get into a solid understanding of MOSS 2007 and all the features of WSS. The author is excellent. Once again she proves that she is the best in thE biz. Her 2003 book was solid as well. I believe that anyone would find incredible value in her delivery, insight and guidance. This book is a must have for anyone looking at SharePoint 2007. I have bought this for everyone who is looking at MOSS 2007 or I have told them to pick it up. You cannot go wrong. This book is the best SharePoint book hands down.
Book Description
8 books in 1- your key to QuickBooks 2007 success!
Your one-stop guide to managing your small business finances more efficiently
QuickBooks is the leading accounting program for small businesses, and this book gives you a handy reference to all its parts. Set up QuickBooks for your business, load your files, create invoices, pay vendors, understand job costing and capital budgeting, and even get tips on writing your business plan. It all adds up to success!
Discover how to
- Install and set up QuickBooks
- Track your inventory and items
- Prepare financial statements and reports
- Set up project and job costing systems
- Protect your data
- Save on business taxes
Customer Reviews:
Great book for dummies.......2007-08-01
I actually ordered the book prior to ordering the program to be sure this was the type program we wanted. The book is simple and straight forward and certainly makes learning a new program simpler. Would definitely recommend only for Quickbooks Pro program only. The instructions do not apply to the basic program.
Way Too Much Detail.......2007-03-19
This is actually one of the most complicated and frustrating "for Dummies" books I've ever read and used...yes, yes, I know what you might be surmising...bah.
The book has huge sections (100+ pages) that discuss in detail a lot of accounting information...and this is where the aggravation comes in...which the author ends by summarizing "...but QuickBooks does all of this automatically for you in the background." Well what the...? He couldn't put this upfront, as in, "Hey, these next 3 chapters are for those of you who want to know what's going on behind-the-scenes".....
I'm a business owner, not an accountant - I would have greatly appreciated a lot more heads-up on what I need to focus on and what I can either skip or wait on to come back to later. I run QuickBooks so I can do the basics myself, but then turn it over every quarter to my accountant to verify everything and handle the taxes, etc.
So, if you run your QuickBooks the way I do so you can focus on growing and maintaining your business, and hire an accountant to double-check your work, I cannot recommend this book. If you love the "for Dummies" series and still want to get this, then just focus on pages 69-245; the rest can wait until you have time or the interest.
J. Avellanet, Co-Founder of Cerulean Associates LLC
Excellent book.......2007-03-19
Very down to earth explanation and facts about the product. Would recommend to anyone using Quickbooks as the program can be challenging at times.
Not Only About the Software but Good Business Sense.......2007-03-03
This is one of the better 'For Dummies' books that I've read.
To be sure most of the book is exactly what you would expect. It's a complete introduction to the QuickBooks accounting system. Being a 'For Dummies' book the othewise rather dry how to use a computer are livened up with a bit of humor here and there. I appreciate this as it tends to help me from going to sleep.
It's the extras in this book that make it easily worth the money, in fact possibly worth several times its cost. The author is a CPA. He has seen what really happens in the business world, and once in a while he provides a simple rule or two. For instance, 'Sign all your own checks.' Simple rule, but it tends to keep people honest. Another rule, 'Review canceled checks before your bookeeper does.' Obvious.
Then there's the discussion on fixed and variable costs vs. revenue. If your rent doesn't go up, selling just a little bit more can yield substantial increases in profits.
These are things that you just don't see in the normal how-to computer book and once again, could be worth far more than the cost of the book.
Book Description
Accurate and complete bookkeeping is crucial to any business owner, but it’s also important to those who work with the business, such as investors, financial institutions, and employees. People both inside and outside the business all depend on a bookkeeper’s accurate recordings.
Bookkeeping For Dummies provides the easy and painless way to master this crucial art. You’ll be able to manage your own finances to save money and grow your business. This straightforward, no-nonsense guide shows you the basics of bookkeeping—from recording transactions to producing balance sheets and year-end reports. Discover how to:
- Outline your financial road map with a chart of accounts
- Keep journals of cash transactions
- Set up your computerized books
- Control your books, your records, and your money
- Buy and track your purchases
- Record sales returns and allowances
- Determine your employee [is “employee” necessary here?] staff’s net pay
- Maintain employee records
- Prepare your books for year’s end
- Report results and start over
- Produce an income statement
- Complete year-end payroll and reports
This guide features tips and tricks for managing your business cash with your books and also profiles important accounts for any bookkeeper. There’s no question that bookkeepers must be detail-oriented, meticulous, and accurate. Bookkeeping For Dummies shows you how to keep track of your business’s financial well-being and ensure future success!
Download Description
The friendly, easy-to-use guide to bookkeeping basics This handy guide covers everything professionals need to know to balance the books at a big company or a mom-and-pop store, including assets and liabilities; keeping track of transactions; balance sheets; keeping a ledger and journal; financial statements; operating accounts; and up-to-date tax information. Bookkeeping For Dummies brings the For Dummies formula of trustworthy information and straightforward explanations to the complicated business of bookkeeping. Lita Epstein, MBA (Poinciana, FL), designs and teaches online courses on topics such as investing for retirement, getting ready for tax time, and finance and investing for women. She earned her MBA from Emory University's Goizueta Business School, and is the author of Streetwise Retirement Planning and the coauthor of Alpha Teach Yourself Retirement Planning in 24 Hours. Lita was the content director for a financial services Web site, MostChoice.com. She also wrote TipWorld's Mutual Fund Tip of the Day, in addition to columns about mutual fund trends for numerous Web sites.
Customer Reviews:
Maybe I just have a mental block --.......2007-08-23
I'm a smart girl but I STILL cannot make heads or tails out of bookkeeping. Although I now understand credits and debits, the journal entering and what not just didn't make sense. The book seemed to be too general for me. I really needed more detailed, beginner-friendly information and guidance. Maybe if you have a general idea of how bookkeeping works, this book will work for you. I, on the other hand, bought this book having absolutely no knowledge of bookkeeping, and unfortunately, I still don't.
Very Pleased.......2007-05-17
I ordered this book to go along with my accounting book that I had ordered. This book is very helpful and easy to understand. I received this book within 7 days and in very good condition.
IT IS VERY HELPFUL.......2007-05-12
This book contains the basic concepts and helps to understand the world of bookkeeping.
Don't get this book.......2007-04-29
I found this book repetitive and confusing. No easy explanation was given for which accounts have a debit or credit balance (DEAD CLeRC is a helpful mnemonic), and there are as many examples of using Quickbooks as manual bookkeeping. Quickbooks is popular, but if you want to learn Quickbooks, get the Quickbook for Dummies book!
Add in silly grammatical problems and I just can't recommend this book.
Gives you the basic start you need........2006-01-09
So you're going to start a business, and if you have any money left over at the end of the year you're going to save part of it and spend part of it. OK, but your business partner isn't going to like that very much. 'What, you say you don't have a business partner?' Yes, you do, and he usually goes by the initials IRS.
Since you're reading this review, you obviously have, or have access to a computer. Your first thought is to go buy an accounting package. OK, that's a good idea. But those packages start throwing around funny words like 'General Ledger,' 'Accrual,' and 'Balance Sheet.'
This book starts earlier than that and starts you off with a paper based accounting system. After you know what you are doing, then it discusses three accounting packages: Simply Accounting Pro, Peachtree Accounting, and QuickBooks. Hint: A lot of banks seem to like QuickBooks and may sell it to their customers at a deep discount, or even give away at no charge.
A Request to the Author, or to anyone else reading this. There are a bunch of free accounting systems on the net. Are any of them any good? Maybe one (or more) of them could be included in the next edition of the book, or on the eTips website.
Average customer rating:
- Not up to the Dummies standard
- Excellent foundation for the beginning trader
- Must read for those who want to make money
- Great Introduction
- Good book + Free trading
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Trading for Dummies
Michael Griffis , and
Lita, MBA Epstein
Manufacturer: For Dummies
ProductGroup: Book
Binding: Paperback
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ASIN: 0764556894 |
Book Description
When people think of stock trading, they often think of the glory days of the Internet, when stocks just kept going up and everyone seemed to be making a fortune. Since the bubble burst, many people are scared of investing in the stock market. Sure, stocks are risky—just like any other investment—but with the right knowledge and tactics, there’s still money to be made.
Trading For Dummies isn’t about high-risk, fast-paced day trading. It’s a simple, straightforward guide to the ins and outs of stock investing that offers a measured, level-headed approach to trading. You’ll learn the basics of portfolio management, measuring stock value, market analysis, and much more—all with a focus on risk reduction and steady profits. Inside you’ll learn how to:
- Understand market cycles
- Choose a great broker
- Master technical analysis
- Manage your risk exposure
- Build a balanced portfolio
This friendly guide presents the kind of honest advice you won’t find in the typical get-rich-quick books on trading. Full of practical tips and tactics—as well as hardnosed insider advice—this handy resource shows you how to build a strong, balanced, and profitable portfolio. Whether you want to save up for your retirement or pay for college, Trading For Dummies will show you how to:
- Prepare yourself with the right tools and information
- Develop your own custom trading strategy
- Analyze companies and stocks
- Understand all the exchanges and markets
- Understand broker fee structures
- Analyze market behavior
- Decipher income statements, balance sheets, and ratios
- Read charts and graphs
- Spot trends and profit from them
This book has all the tools and honest advice novice stock traders need to get set-up quickly and safely. Basic strategies and stock valuation methodologies let you control your risk exposure and make wise decisions. Trading For Dummies includes everything new traders need with advice on every type of stock or derivative, every kind of trade, and every popular strategy.
Customer Reviews:
Not up to the Dummies standard.......2007-06-16
I had hoped that, since this book discusses both fundamental and technical analysis, it would be a balanced blend of the two. However, it is almost entirely a technical analysis book, that acknowledges the existence of fundamentals and not much else.
The fact that the book doesn't match my investment style isn't enough on its own to earn a two-star rating from me. Unfortunately, it is also poorly written, and poorly edited. It is wordy, jargony, confusing, vague, and occasionally (as near as I can tell) inaccurate. Most significantly, it is missing the spark that made the reputation of the Dummies books - the inspired organization and careful choice of topics that allow a single book to provide a useful foundation in a complicated subject.
That said, I did (laboriously) read the whole thing. It added some polish to my chart-reading abilities. It also helped me to understand some previously inexplicable aspects of market behavior. I am not likely to become a technical analyst anytime soon, but I now feel slightly better prepared to share the marketplace with them.
Excellent foundation for the beginning trader.......2007-01-05
Trading for Dummies is an excellent book for anyone interested in starting to trade stocks. This book really kept me wanting to read on and on because every section was filled with plenty of information. The way the chapters are arranged were very good in that you don't have to be going back and forth to understand the whole concept. One thing I noticed was that this book is for someone who wants to be a position trader as opposed to a day trader, which is good because that is what I want to do. For someone who knows absolutely nothing about how the stock market works, this book is an excellent read. Overall I give it the full five stars.
Must read for those who want to make money.......2006-08-04
Great book. Covers all the bases, including fundamental and technicals. I have read a few of the other Dummies books on investing and all were well written. This book is for those who want to make money, not just buy and hold and hope for the best. I learned more about trading/investing with the Dummies series than 4 years of college majoring in finance. And yes, I have made money.
Great Introduction.......2006-04-14
IMHO The reason the "for dummies" brand has been successfull aside from the catchy name, is the actual content and material of the books themselves.
This book has been a great read for some one like myself that already had an idea of what investing entails, but that does not preclude total beginners with no idea from gaining an immense amount of great information from this book.
It is written in plain language and is a great place for a beginner to start his journey.
Good book + Free trading.......2005-10-30
This book is especially good for the person who wants a broad overview of investing. It will give you a solid foundation to begin growing your money from. After reading, I opened a Scottrade account because they had the lowest rates ($7), and no inactivity fee. [...] to get a referral for 3 free trades.
Book Description
Manage sales, service, and marketing processes all together
Find out how to manage customer information to make your business more productive
Whether you're completely new to customer relationship management (CRM) software or you just want the scoop on the newest version, this handy guide will get you going. Discover how to set up CRM 3, navigate and customize the system, use it to work with your accounts and contacts, collect leads, forecast sales, run reports, and much more.
Discover how to
- Develop and manage customer relationships
- Implement a sales process
- Set up security and access rights
- Generate quotes, orders, and invoices
- Manage leads and opportunities
- Create and use product catalogs
Customer Reviews:
Definitely for Beginners.......2007-09-21
This book is not for the IT Professional but is perfect to get a beginner up to speed on CRM quickly. I have used this to successfully train some of my staff when Microsofts training became to confusing.
Excelent for understanding our CRM Users.......2007-04-10
Im a specialist trainer who needed to explain IT tasks about Dynamics CRM 3.0 to my students, so I started purchasing this book "for dummies". This book is an excelent reference because you learn about user's point of view (none technical issues as installation or customization only day to day operations). Learning about Office Outlook allows better undestanding of MS Exchange Server, right?
The book is full of excelents tips and some technical recommendations.
I recommend to read this book before reading another excellent book as is "Working with Microsoft Dynamics CRM 3.0".
Good book with few faults.......2007-01-06
This book is well written and illustrated. The author's style is comfortable and demonstrates a real familiarity with his subject. Especially helpful are the Tips as CRM has a few "gotchas" that can frustrate and mislead the unwary.
Because CRM technology is very flexible, it is difficult to write a definitive book that encompasses all the possibilites; but the authors have probably come as close as possible. Several colleagues have also indicated they liked my copy of this book far better than the "official" documentation.
I highly recommend this book to anyone who is venturing into uncharted CRM waters for the first time.
Great for putting under a table leg. Not good for anything else.......2006-12-08
I've been meaning to write this review since I bought the book just after it came out. It is so bad, that it deserves some comments.
In a nutshell, it's a waste of money. It's clearly the first book on the subject that works through the drop down menu choices and tells you what to do.
If you're a beginner in CRM you may find it useful, but if you're expecting much substance try elsewhere. You can click through the program for a few hours and know as much about the product as reading this book.
Not recommended, unless your table needs some support.
Helpful for new Microsoft CRM user.......2006-11-08
This book is really for the new Microsoft CRM user and want to acguire the basic knowledge to use Microsoft CRM 3.0., like myself (with some background of CRM concepts, plus Microsoft Office outlook skills, it'll be so simple.) It is comprehensive and helpful to follow the step-by-step instruction of how to use the microsoft CRM 3.0 that describes in the book.
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