ARE YOU:
STARTING A NEW BUSINESS? THEN THIS IS A MUST FOR YOU.
A MANAGER ? IT WILL HELP YOU TO UNDERSTAND YOUR INTERNAL CONTROL DOCUMENTS – AND THE ACCOUNTANTS WHO PREPARED THEM!
A STUDENT? IT ANSWERS ALL YOUR QUESTIONS ABOUT HOW ACCOUNTING WORKS; DEBITS AND CREDITS WILL NEVER CAUSE YOU CONCERN AGAIN.
‘Understand Accounting’ tells a story about Andrew, who is setting up a new business and who needs to prepare a five-year plan. He asks a friend, Richard, to help him and he learns that recording his plans is as easy as 1=1.
Andrew asks many questions and perseveres until he is sure that he really understands WHY the system works.
PLEASE WATCH MY VIDEOS TOO – The first one is ‘paciforthweb’ .
It describes how our accounting system developed