Romancing the Balance Sheet by Anil LambaMy rating: 4 of 5 stars
Hooter: A jargon free novice friendly look at accounting concepts
Whether you are a beginner or someone looking to refresh your concepts, found this as a great guide book to get your basics right in accounting right from the concept of double bookkeeping to examining a balance sheet and making sense as an investor or an owner of it all. Using simplifed examples that help set the foundations and philosophy around terminologies rather than filling them up with all the corner cases and exceptions which make the world of accounting complicated, Anil Lamba makes it easy to digest and assimilate these concepts. Whilst it states that its targeted towards entrepreneurs , I'd say anyone dealing with money would find this a good read to understand the world of business from a purely accounting perspective and why profits and cash flows are a nuanced that can't be derived from simple mathematics.
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