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I wanted to learn more about bookkeeping, despite having a bookkeeper in order to better understand the financial information in my business.
I'm based in the UK and some of the information was tailored to US markets and businesses. Absolutely fine, but a UK version would be great.
It's very thorough and covers a lot, while also repeating core points to help the reader.
Small note to the audiobook company too, 11:18 into chapter 49, the reader makes a mistake and swears. Not a massive deal but editing should have caught it and I had kids in the car.
3 of 3 people found this review helpful
I liked this book, it did teach me a lot. The book is broken down into to several chapters outlines get the importance of pre planning for your taxes. I have owned a small business previously and it did not survive, some of that was due to the lack of pre planning on my part.
1 of 1 people found this review helpful
There are helpful hints and tips throughout the book are great as well as the visual aids such as charts and tables to see the actual accounting process. I also found the Valuing Your Business section and balance sheet to be helpful in the event of selling or liquidation of a business.
This book goes over basic structures of businesses. One thing I learned that is so valuable is to keep business and personal financials separate. If you're just starting out, you'll want to read about the different roles accountants play in businesses.