If so, you may benefit from Finance for Nonfinancial Managers, which defines these types of key terms. In this book, CPA and certified management consultant Gene Siciliano addresses managers who have to make strategic decisions on behalf of their company but may lack the financial literacy to do so. If you’re managing others in your small business—including those with minimal financial literacy—Siciliano’s insights may be just what you need.
- “Profit isn’t an event; it’s a habit. Make it a part of your business’s DNA.”
- For example, when you click “projects,” you are given the option to go to your list of projects or a report of staff cost rates.
- With each lesson, you gain the confidence and knowledge needed to manage the finances of your small business efficiently.
So, you might want to learn a bit about the tax process and regulations with the UK. Accounting for the Numberphobic by Dawn Fotopulos is another of the best accounting books for small businesses. This one focuses on accounting specifically for small business owners.
Financial Shenanigans: How to Detect Accounting Gimmicks & Fraud in Financial Reports – Howard Schilit & Jeremy Perler
This guide teaches you how to track expenses, record revenue, pay taxes, and handle the basic financial requirements of running a small business. This guide is a vital resource for anyone needing a clear and comprehensible overview of managerial accounting principles. Its straightforward approach makes it an excellent reference for students, small business owners, and professionals aiming to grasp and apply managerial accounting tools effectively. Kenneth W. Boyd provides a straightforward guide to understanding the fundamental aspects of cost accounting.
It’s a page-turner that will reveal all of the tips and tricks that can be used to try and trick investors. Howard Schilit and Jeremy Perler bring us a book that is filled to the brim with various types of accounting frauds with real-life examples. They also give suggestions on how you can detect fraud so that you can take steps to protect your business. Her work has been featured by business brands such as Adobe, WorkFusion, AT&T, SEMRush, Fit Small Business, USA Today Blueprint, Content Marketing Institute, Towards Data Science and Business2Community.
Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine
Neat earns a 4.0-star rating on Capterra with 100 user reviews and a 4.4-star rating on G2 with 10 reviews. They like that Neat offers advanced document management tools such as the ability to search PDF documents and compatible scanners with double-sided liabilities in accounting and multi-size scanning capabilities. Some say they preferred the legacy version of the software rather than the cloud-based version. They also find it frustrating that they often have to log in repeatedly due to software glitches. OneUp offers several standout features, including extensive automations that extend across business functions, customized and automated invoicing, a comprehensive mobile app and extensive reporting. NetSuite’s accounting software is a good choice for businesses that need help with financial compliance and those that want to automate as many accounting tasks as possible.
Accounting Made Simple: Accounting Explained in 100 Pages or Less by Mike Piper
For author updates or professional engagements, connect with conceptual framework accounting him on LinkedIn, or know more about him through Mercury Group Press’ website. It details how to balance the books and stay in the black when you’re just starting out. It’s full of helpful tips and advice on how to keep your accounts balanced and healthy. As a business owner of any size, it’s a universal truth that you never stop learning.
Namely, this book introduces several methods of managing cash flow and expenses without sacrificing growth and profitability. Discover a myriad of techniques and strategies that streamline the accounting process, improve audit and it audit for dummies accuracy, and elevate the overall efficiency of the financial function. Howard Schilit, Jeremy Perler, and Yoni Engelhart form a powerful trio in the field of financial analysis and fraud detection. Their combined expertise has been instrumental in shining a light on the shadowy facets of financial reporting. Connect with Howard on LinkedIn, engage with Jeremy’s expertise on LinkedIn, and delve into Rohit’s contributions on his LinkedIn.