Summary of The Power of Accounting
If you are numerically challenged, this is the accounting guide for you.
If you are terrible at math, hate numbers and find financial analysis a bore, this slim volume is for you. Professor Lawrence D. Lewis helps the numerically challenged understand and appreciate how important, instructive and beautiful accounting can be. He explains how managers make strategic decisions using the information accounting provides. Lewis includes summaries and exercises at the end of each short, easy chapter. His enlightening quotes and witty references make debits and credits seem almost fun. getAbstract recommends this basic primer on “the language of business” to students, new managers and anyone seeking accounting know-how.
In this summary, you will learn
- Why accounting isn’t as precise as it seems,
- What basic elements it encompasses, and
- How to use accounting data to make operational and strategic decisions.
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Knowledge PackFinance for BeginnersDelve into the inner workings of finances.
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