Why is accounting so hard to understand?
There are probably two reasons.
1. The difficulty of the words
2. The difficulty of the relationships
Terms like "net income before taxes" or "fixed assets to long-term capital ratio" almost sound like magic spells, don't they?
And even if you happen to know the meaning of each individual word, if someone asks you "How do the balance sheet and the income statement connect?", don't you find yourself going "???"
"The Map of Accounting" is the solution to that.
It conveys both the words and the relationships between them with just one single diagram.
This book is made up of three parts.
Part 1: How do I contribute to my company?
Part 2: What does society ask of my company?
Part 3: What can I do for society?
Accounting is a system that represents the "flow of money."
The work in front of you right now—how does it affect your company and society?
How is it all connected?
Through the "flow of money," this book makes it visible.
This book is only 200 pages long.
And it contains more than 120 diagrams.
The accounting terms it introduces are just these 15:
・Sales
・Expenses
・Profit
・PL (Income Statement)
・Assets
・Liabilities
・Net assets
・BS (Balance Sheet)
・Cash
・CF (Cash Flow Statement)
・The three financial statements
・Market capitalization
・Goodwill
・PBR
・ROE
To help people learning accounting for the first time grasp its most important parts, we made it as simple as humanly possible.
We imagine there are many people who have read introductory accounting books before but gave up partway through.
We wrote this book determined never to let anyone give up again.
Please, give it a read.
Purchase here
Bibliographic Information
Title: The Map of Accounting
Publisher: Diamond, Inc.
Release date: March 17, 2021
Pages: 200
Format: A5 size
Price: 2,420 yen (2,200 yen + tax)
ISBN: 9784478105573
Authors: Tetsuro Kondo / Makoto Okiyama
Supervisor: Seiji Iwatani