New Book Demystifies the 'Language' of Accounting
Accounting Is Not a Foreign Language: Translating the Basics of Accounting, written by Jeanine Pfeiffer, is a great resource for non-accountants who have careers in the accounting profession. Many small business owners have the passion and expertise necessary to run their businesses, but keeping journals and tallying accounts can be mystifying. Pfeiffer guides readers through the fundamentals and complexities of accounting, using clear and straightforward terms to explain what all those numbers actually mean.
- Liabilities owed (cash disbursements journal)
- Inventory reserved (purchases journal)
- Necessary other journal entries (general journal)
- Keeping cash receipts recorded (cash receipts journal)
- Sales held here (sales journal)
- The Basics of Accounting: Interpreting the Language
- Building On a Foundation: Defining the Building Blocks of Accounting
- The Foundation of Accounting: The Chart of Accounts
- The Prep Work: Creating Understandable Financial Information
- Journey into Journals: Understanding the Five Journals in Accounting
- Your Key to Accounting: Learning the LINKS Approach
- Stock Answers: Using the Inventory Cycle in the LINKS Approach
- Money Matters: Using the Cash Receipts Cycle in the LINKS Approach
- Something Borrowed, Something Owed: Using the Accounts Payable Cycle in the LINKS
- The Link Stands Alone, Part 1: Asset Accounts in the General Journal
- The Link Stands Alone, Part 2: Liability Accounts in the General Journal
- The Link Stands Alone, Part 3: Owners' Equity in the General Journal
- Need I Say More: Accounting Beyond the LINKS Approach
- Don't Read 'Em and Weep: How to Interpret Your Financial Statements with Ease
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.