adbl_ms_membershipImage_includedwith_altText_B076FLV3HT
adbl_ms_membershipImage_includedwith_altText_B076FLV3HT

1 audiobook of your choice.
Stream or download thousands of included titles.
$14.95 a month after 30 day trial. Cancel anytime.
Buy for $24.95

Buy for $24.95

Pay using card ending in
By confirming your purchase, you agree to Audible's Conditions of Use and Amazon's Privacy Notice. Taxes where applicable.

Publisher's Summary

Essential Accounting Terms You Should Know

Entering into the accounting field can be a little confusing at first with all of the new terminologies to learn. Don't feel left out in conversations, and don't be left behind because you aren't sure what someone is talking about.

Whether you're studying accounting in school, working in the accounting department of an international organization, or just reviewing financial statements as an investor, you may occasionally encounter terminology that's unfamiliar.

This Practical Accounting Guide Helps You With:

  • Starting Your First Big Job
  • Completing Undergraduate Work
  • Preparing for the CPA Exam
  • General Tax Accounting
  • Reading Financial Statements
  • Small Business Accounting
  • LLC & Bank Accounting

This practical glossary compiles a list of over 150 most common accounting terms you're likely to encounter. Every accounting term is explained in detail, with clear and concise article style description and practical examples.

As a small business owner, one of the first things you should do is make sure you have a basic understanding of accounting terms. Knowing at least a few accounting key terms will make you a much more well-rounded and versatile business owner.

Make Accounting Less of a Mystery

If you do all of your own bookkeeping, understanding basic accounting terminology - that applies to business - helps you prepare your tax return, understand financial reports, and communicate with others about your business’s financial position.

This accounting dictionary is a crucial addition to any accountants guidebook.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2019 Thomas Herold (P)2019 Thomas Herold

What listeners say about Accounting Terms - Financial Education Is Your Best Investment

Average Customer Ratings
Overall
  • 5 out of 5 stars
  • 5 Stars
    123
  • 4 Stars
    10
  • 3 Stars
    0
  • 2 Stars
    0
  • 1 Stars
    0
Performance
  • 5 out of 5 stars
  • 5 Stars
    120
  • 4 Stars
    10
  • 3 Stars
    0
  • 2 Stars
    0
  • 1 Stars
    0
Story
  • 5 out of 5 stars
  • 5 Stars
    119
  • 4 Stars
    11
  • 3 Stars
    0
  • 2 Stars
    0
  • 1 Stars
    0

Reviews - Please select the tabs below to change the source of reviews.

Sort by:
Filter by:
  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Learn something new!

I think I am starting to get the hang of it. Taking advantage of my resources. Really this accounting dictionary is a crucial addition to any accountants guidebook. Waiting for more in future...

24 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Exceptional

Excellent, well written and easy to follow
bookkeeping audio book.
I needed to review my bookkeeping skills to keep track of my expenses for a new business venture.
This book brought back everything that I had learned in my college accounting classes.

23 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

CERTAINLY PLEASANT

This book has everything you need to know about bookkeeping, but in a very easy to listening format. It has well lentghed chapter about using a few different programs for doing your bookkeeping. This book is goes over everything from day to day tasks to doing end of month and end of year reports, and finally filing taxes and prepping for a new accounting cycle. I would think this would be perfect for anyone to have on their desk to check on something you aren't sure about.

21 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

worth buying and studying

There's not a whole lot to this book, but I bought it to help me with my financial accounting course. I found it be very helpful in the beginning while I was trying to get the hang of the basic concepts of this class. It was nice to have things put into normal everyday language. For the price, I can't complain too much.

21 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

2 understand accounting

I bought this audio-book because I needed a review of accounting for my business. It does what it claims -- explains accounting in just a few hours. Well written and easy to understand.
The Table of Contents includes:
1 - Basic Accounting Terminology
2 - Over 150 Common Accounting Terms
3 - Prepare your tax return,
4 - General Tax Accounting
5 - Preparing for the CPA Exam
6 - Small Business Accounting
7 - Starting Your First Big Job
8 - Financial Statements
9 - Completing Undergraduate Work
10 - Other GAAP Concepts & Assumptions
11 - LLC & Bank Accounting
12 - Financial Report

20 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

A lot of valuable incite.

This would be a perfect little book to listen right before taking a beginning accounting class in college. It is very listenable, and explains basic accounting concepts very well. My only problem with it is that it was so long. I ran out of chapters before I ran out of interest in the material (which is a compliment because I don't find accounting all *that* interesting). It was useful to help me know enough accounting for the software development I am working on.

20 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

I have no regrets!

It has small business accounting thoughts to start any Big Job. I've been running my own service company for fifteen years. I've done all my own bookkeeping. So why would I need this? Because I've done things in a backwards way at times and often wanted to know what the correct procedure is. I skimmed through the first half of the book in an hour, primarily because I was familiar with a lot of the content and stopped to read in more detail, the items that I needed to know more about. Everything is explained in a clear and easy-to-listen manner. It is well organized and easy to reference a particular topic. There is much more than I need to know but plenty of what I did need to know. I guess I haven't been doing things wrong, but at least I understand why things were working the way they were.

19 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

What an education!

This book is very well written, well organized, and packed with easy to understand information. If you don't know the first thing about accounting, this is a great audiobook to start with.

17 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Accounting is not hard!

I used this to review for a new job. Listen in one or two sitting. Perfect overview for those who have trouble with bigger textbooks reading. Simple listening concepts that you can research more thoroughly elsewhere, if needed. Accounting is not hard!

16 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Easily explained ~

This audiobook explains accounting concepts in an easier to understand format without getting bogged down into too much detail. I'm currently working on my BS Degree in Accounting and was struggling with some of the course content. This audiobook helped!

15 people found this helpful

Sort by:
Filter by:
  • Overall
    4 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    4 out of 5 stars
Profile Image for Tegan
  • Tegan
  • 07-26-20

Should listen and take advantage

Quick simple read. Good for very basic entry level Fin Acc understanding. Good for any non-accountant business owner.

  • Overall
    4 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    4 out of 5 stars
Profile Image for Sienna Shah
  • Sienna Shah
  • 07-18-20

Designated accounting standard-setter.

The organization of the examples is excellent and very fluid, best book ever. Thanks Mr Thomas Herold

  • Overall
    4 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    4 out of 5 stars
Profile Image for Joshua
  • Joshua
  • 04-07-20

Best one I've read so far

Great book to learn from zero or to refresh key accounting concepts, including test for the CPA Exam. Easy to understand. Based on practical examples, following a storyline. Thus, it is carefully written and presented, resulting in a very didactic resource, just designed to Bookkeeping and Finance Principles, Tax Accounting & Management for Business. I do recommend it.

  • Overall
    4 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    4 out of 5 stars
Profile Image for Michael
  • Michael
  • 04-06-20

You probably need it.

This book is perfect for ones that want to learn finance, economy, and stocks. Great for an absolute beginner. This book really helps be to have better understanding when I research through websites like investopedie. I was very confused the first time at investopedia and couldn't understand a whole lot. But after listening this audiobook and how simple and easy to understand it is, I can understand finance in general and learn a lot of finance vocabularies with a lot less effort. If I can give it 100 stars, I will

  • Overall
    4 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    4 out of 5 stars
Profile Image for Maura Lane
  • Maura Lane
  • 04-05-20

Great Accounting Shortcut

This book is special. I’m a CFA and have a MS in Finance and I have never read a book that so beautifully explains financial statement analysis. Truly one of those special books that you will keep forever. Fantastic, a must read for anyone interested in corporate finance. 11/10

  • Overall
    4 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    4 out of 5 stars
Profile Image for Troy
  • Troy
  • 04-04-20

A useful introductory book

This book does exactly what its title says. This is my third book of the series and I love everything about how Herold makes everything simple. You will not become a expert but you will have better understanding.

  • Overall
    4 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    4 out of 5 stars
Profile Image for Jesse Cordeiro
  • Jesse Cordeiro
  • 04-04-20

This is definately for you!!

I've been looking for a concise explanation of basic accounting principles in preparation for starting my own business. This was a prefect place to start!

  • Overall
    4 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    4 out of 5 stars
Profile Image for Charles
  • Charles
  • 10-23-19

Useful for Business Owners

This is a useful reference tool for small business owners to help them understand their business's financial position.

  • Overall
    4 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    4 out of 5 stars
Profile Image for Kevin Collins
  • Kevin Collins
  • 10-23-19

Excellent references

Great overview of tax accounting. The real-world examples were helpful to apply the concepts covered, and the additional resources serve as excellent reference for later use. Well done and thank you!

  • Overall
    4 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    4 out of 5 stars
Profile Image for Daniel Hayward
  • Daniel Hayward
  • 10-23-19

To understand financial statements

Great book to get you started and it may be all you need to understand financial statements. It will not make a CPA out of you, but that is not what it is for. The author assumes you know very little as you begin and gradually adds more detail to the reports and their explanation. Good educational audible book.