A very systematic approach to Financial Accounting
8/19/2000
I read this book as a part of my Accounting class in my Masters program. The book has a very systematic approach to teach the basic accounting principles. It has very nice real world examples at the beginning of each chapter. The chapters are in a very orderly manner. I did not have an accounting background at all. But the book taught things in a way that everything made sense chapter after chapter. Each chapter conveyed ideas that were basis for the subsequent chapters. The organization of the book is one of the best among the text books I have read. Every chapter has a demonstration problem that covers main concepts in that chapter. In addition to that there are quick check questions within the chapter which helps you to stop and recollect whatever you learnt till different points in a chapter. Reading this book is never tiresome because of this. Also there are problems in each chapter that if worked out properly will provide a very thorough knowledge of key concepts. As a whole, I would strongly recommend this book to anyone who wants to start start learning Accounting. There are very minor errors in the answers given to some problems. But the way concepts are presented is very crisp and clear.