Know Accounting Graphically: Value added tax international edition - Softcover

Darlow, Mike

Softcover

ISBN 10: 0958960976 ISBN 13: 9780958960977

Publisher: The Melaleuca Press, 2017

Synopsis

Know Accounting Graphically (KAG) explains accounting (including bookkeeping and tax) graphically using balance charts. These simple yet powerful and versatile charts exploit accounting's wonderfully-elegant, two-bar structure. You'll SEE financial situations and changes, and soon be visualizing and sketching them. You'll understand accounting far more quickly and deeply, and more easily understand financial information which is presented in text. KAG's 128 pages, size 8.5" x 11', contain 60 balance charts and 30 other illustrations, and are printed in full color. They explain the accounting equation, the chart of accounts, processing transactions, income tax and value added tax, dividends and drawings, adjusting account balances, financial statements, financial (ratio) analysis, valuing and comparing businesses, and budgeting. Two types of consumption tax are levied internationally: sales tax (levied in the USA and some other countries), and value added tax which is levied in European countries, and China, Japan, Korea, Australia, etc. There are therefore two international editions of KAG: this one assumes that value added tax is levied, the other that retail sales tax is levied. Select the edition which is relevant to your situation, and discover that accounting is one of man's most useful and beautiful inventions.

About this title

About the Author

Mike Darlow was born in Birmingham, England. After receiving a B.Sc in civil engineering and an M.Sc in construction management, he emigrated to Sydney, Australia, in 1969. There he worked for ten years as a site engineer, site manager and project manager in multi-storey construction. Between 1975 and 1979 he also attended Sydney Technical College in the evenings and completed the three-year trade courses in woodturning and in cabinetmaking. In 1979 he became a professional woodturner. He's since written six books (also for sale through Amazon), about 160 magazine articles, and published three DVDs on woodturning. The details of these are shown on Mike's woodturning website . Mike signed up for a correspondence course in bookkeeping. He found the explanations in the course notes and in the textbooks then available convoluted. Surely accounting couldn't be that hard. He came across the book Accounts Demystified by Anthony Rice. The charts in Rice's book were the trigger for Mike's invention of balance charts. Mike invented balance charts so that he could fully understand the correspondence course notes. He became certain that others would also be able to understand accounting far more easily from balance charts. He approached established publishers of accounting books. Mike's charts were too radical, and besides, not being a professional accounting educator Mike couldn't show that his book would definitely be used as a course textbook. He decided to self-publish KAG.

Edition details

• Publisher: The Melaleuca Press
• Publication date: 2017
• ISBN 10: 0958960976
• ISBN 13: 9780958960977
• Binding: Paperback
• Language: English
• Number of pages: 132