ECONOMICS

The Handy Accounting Answer Book

Visible Ink. (Handy Answer Book). Apr. 2019. 416p. photos. index. ISBN 9781578596751. pap. $21.95ebk. ISBN 9781578596997. REF
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This accessible guide to personal and business accounting feels like an introductory textbook but is organized well as a reference guide for anyone baffled by the subject. Gray (accounting, Adrian Coll., MI) guides readers through simple and complex topics in a logical order. She starts with bookkeeping basics, then dives into specific issues, cost accounting, budgeting, and managerial accounting. Helpful examples and illustrations, many using real companies, offer context and illustrate intricate concepts in plain language. From a simple, one-sentence explanation of each concept, Gray delves further into accounting for specific scenarios. The book covers basic and managerial accounting and budgeting; additional chapters tackle small business basics, fraud prevention, and the current and future landscape of the profession. Appendixes provide a deeper look at journaling, statements, and annual reports.
VERDICT Anyone interested in learning more about personal or corporate accounting will find useful information here.

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