What bookkeeping is
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The book gives an overview of bookkeeping dealing with all aspects of what is necessary to enable someone to understand how and why financial records are compiled and what those records can tell you about the finacial health of the business. The guidance offered in this book will give anyone a better understanding of how a business is performing and an idea of what to do about it. The one criticism I have would be the lack of worked examples in the book. However the book is worth the purchase price.
A companion book would be a work book dealing with actual examples with suggested answers to further reinforce the topics covered in the book.
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Be aware! Not for us locals...
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This book is written from a US perspective. While the basic principles are the same, it uses US terminology and can be a little confusing. The tax section relates to that of the USA and not the UK. I sent mine back for an immediate refund and will wait until the UK version is published in February 2007.
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