In simple term, Accounting is the measurement of financial information about the business and corporation. Accounting is of two types i.e Financial And Management Accounting. So let us know about these two terms in brief. Firstly Financial Accounting, It means reporting of an organization’s financial information about the investors, potential investors, and creditors. It calculates business transactions and prepares financial statements for external users. Now, on the other hand, Management Accounting means measurement, analysis, and reporting of information that help the manager to take the decision to fulfill the requirement of an organization. It produces a future-oriented approach. These reports may include both financial and non-financial information. Accounting is also one most important part of a business because without it you can not estimate the business assets, profits, loss, and also not fulfill the requirement of business. So let us talk about some best-selling business accounting books which will help you to provide all the information which is related to your business.
Some Valuable Business Accounting Books
1. Accounting Made Simple – Mike Piper
The Author wrote this book in a very simple and understandable language. He provides various simple and practical examples. In this book, you find out the concept like Accounting Equation and its significance, preparing a financial statement, calculation. This is one of the best-selling business accounting books which you have to read before you start a new business because accounting is the main part of the business without this you can not purchase the product, assets, etc.
2. Warren Buffett Accounting Book – Stig Brodersen
Accounting is incomplete without investing. This book tells you about the investor who put the foot in the business and manages the business successfully. In this book, you find out many terminologies, ideas, strategies on how to manage the account section of the business. The author of this book also provides information that most of the people want to become a successful entrepreneur but due to some reason they don’t. These reasons are defined in this book. Before insert into the business market, firstly read this book.
3. The Random Walk Down Wall Street – Burton G. Malkiel
This book indexing the ideas in a risk-taking and unpredictable world of the stock market. It combining both practical and theoretical knowledge of the stock market fund. Written in very simple and easy language. This book is a great source for those people who want advice on managing the money. This is one of the best selling Business Accounting books. This book is very helpful for the beginner and also for those who are an entrepreneur.
4. Financial Shenanigans – Howard Schilit
This is one of the most important Business Accounting Books which will tell you about the financial fraud, how to manage the investment, details about the investor, and many more. The author of this book wrote many other famous books. The review and rating of this book were good and you find out many ideas, strategies, related to your business. It also tells how companies use misleading “key” metrics to fool investors about their financial information.
5. Tax and Legal Playbook – Mark J.Kohler
This book provides information about accounting. It tells that accounting is tough and the author of this books tells that the accounting is so tough and he includes the calculation about the tax. He takes these two tough terms in a very simple manner and provides information to you in a very simple manner so you can easily understand the accounting. This is one of the most popular business accounting books which will really help you to make your accounting easier.
6. Accounting Handbook – Jae K.Shim
He is a very famous author and written many more books which are sold in numbers in the market. He provides all the information about financial accounting and explains each and every point of accounting. In this book, you find out the dictionary of accounting terms, short entry definition. This is one of the most important Business Accounting books which will help you to find out the strategies related to the world of accounting. This book is really helpful for you.
7. Accounting All-In-One For Dummies – Kenneth Boyd
This book was written in a very simple and easy language. It covers the topic like a report on the financial statement, how to make a business decision, auditing and detecting financial fraud. All these topic make your accounting easier. MBA student read this book in the syllabus. The author of this book provides the latest information on accounting methods, and standards and also provide the information on how to maximize the profit, minimize confusion. This is one of the best Business accounting books which you have to read.
8. The Financial Peace Planner – Dave Ramsey
The author of this book written many other books like Total Money Maker, Smart Money Smart Kids, etc. This book is really helpful for you and providing information on how to assess the urgency of your situation, understand where is your money going, create a realistic budget, dumb your debt. In this book, the author writes his own experience and how to manage his business. This is the best books on business accounting.
These are the best selling business accounting books by the different famous author which will provide all the information on accounting, how to detect financial fraud, manage the business, accounting methods, standards, minimize confusion, maximize profit. If you want to start your business and want the growth of your business then go through these business accounting books.
Hope you like these business accounting books. If anyone has other suggestion then suggest in the suggestion box.