Why is accounting so difficult to understand?
There are probably two main reasons:
1. Confusing terminology
2. Confusing relationships between concepts
Don't terms like "net income before taxes" or "fixed long-term capital adequacy ratio" sound like magic spells?
Even if you know the meaning of each individual word, if someone asked you "How are the balance sheet and income statement connected?" wouldn't you just respond with a blank stare?
"The Map of Accounting" is the solution to this problem.
It explains both the terms and the relationships between them using just one diagram.
This book consists of three parts:
Part 1: How do I contribute to the company?
Part 2: What is society asking of the company?
Part 3: What can I do for society?
Accounting is a system that represents the "flow of money."
How does the work you are doing right now impact the company and society?
How are they connected?
This book visualizes that connection through the "flow of money."
This book is only 200 pages long.
Furthermore, it contains over 120 illustrations.
It introduces only the following 15 accounting terms:
・Sales
・Expenses
・Profit
・PL (Profit and Loss Statement)
・Assets
・Liabilities
・Equity
・BS (Balance Sheet)
・Cash
・CF (Cash Flow Statement)
・Three Financial Statements
・Market Capitalization
・Goodwill
・PBR
・ROE
It has been simplified to the absolute maximum so that beginners can learn the most important aspects of accounting.
I believe many people have tried to read introductory accounting books before but became frustrated and gave up.
I wrote this book with the intention that no one will give up this time.
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