Accounting
Accounting is the analysis interpretation of book-keeping records. It includes not only the maintenance of accounting records but also the preparation of financial and economic information which involves the measurement of transaction and other events relating to the entity.
Accounting is defined as “the art of recording, classifying and summarizing in terms of money transactions and events of financial character and interpreting the results thereof.”
Accounting is an art of correctly recording the day to day business transactions. It is a science of keeping the business records in a regular and most systematic manner so as to know the business results with minimum trouble. Therefore, it is said to be statistical procedure for the collection, classification and summarization of financial information.
ADVERTISEMENTS:
Accounting is a means of collecting, summarizing, analyzing and reporting in monetary terms, information about the business.
Now days, accounting is regarded as a “service activity”. In 1970 the Accounting Principles Board of the American Institute of Certified Public Accountants enumerated that, “The function of accounting is to provide quantitative information, primarily of financial nature, about economic entities that is needed to be useful in making economic decisions.”
Accounting to Smith and Ashburn, “Accounting is the science of recording, classifying business transaction and events, primarily of financial character, and the art of making significant summaries, analysis and interpretation of those transactions and events, and communicating the result to persons who must make decisions or form judgments.”
List of important Accounting Books (101)
- Accounting for Non-Accountants, 2E: The Fast and Easy Way to Learn the Basics by Wayne A. Label
- Schaum’s Easy Outline of Accounting by Joel Lerner and James Cashin
- Accounting by Carl S. Warren, James M. Reeve, and Jonathan E. Duchac
- Accounting (7th Edition) by Charles T. Horngren and Walter T. Harrison
- Accounting For Dummies by John A. Tracy
- Accounting Workbook For Dummies by John A. Tracy
- Accounting, Chapters 1-23, Complete Book (8th Edition) by Charles T. Horngren, Walter T. Harrison Jr., and M. Suzanne Oliver
- Financial Accounting by Carl S. Warren, James M. Reeve, and Jonathan Duchac
- Financial Statements: A Step-by-Step Guide to Understanding and Creating Financial Reports by Thomas R. Ittelson
- Intermediate Accounting by Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
- Accounting by Paul D. Kimmel, Jerry J. Weygandt, and Donald E. Kieso
- Managerial Accounting by Ray Garrison, Eric Noreen, and Peter Brewer
- Accounting Principles by Jerry J. Weygandt, Donald E. Kieso, and Paul D. Kimmel
- Bookkeepers’ Boot Camp: Get a Grip on Accounting Basics by Angie Mohr
- Schaum’s Outline of Principles of Accounting II by Joel Lerner and James Cashin
- Intermediate Accounting by Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
- The Complete Idiot’s Guide to Accounting, 2nd Edition by MBA, Lita Epstein and CPA, Shellie L. Moore
- Schaum’s Outline of Principles of Accounting I (Schaum’s) by Joel Lerner and James Cashin
- Essentials of Accounting (10th Edition) by Robert N. Anthony and Leslie K. Breitner
- Managerial Accounting by Ray Garrison, Eric Noreen, and Peter Brewer
- Accounting Principles by Jerry J. Weygandt, Paul D. Kimmel, and Donald E. Kieso
- Alpha Teach Yourself Accounting in 24 Hours, 2nd Edition by Carol Costa and C. Wesley Addison
- Reading Financial Reports For Dummies by Lita Epstein
- Schaum’s Financial Accounting 2 Ed. by Jae Shim
- Financial Accounting: An Introduction to Concepts, Methods and Uses by Clyde P. Stickney, Roman L. Weil, Katherine Schipper, and Jennifer Francis
- Financial Accounting by Carl S. Warren, James M. Reeve, and Jonathan Duchac
- Intermediate Accounting w/Google Annual Report by J. David Spiceland, James Sepe, Mark Nelson, and Lawrence Tomassini
- Financial & Managerial Accounting by Carl S. Warren, James M. Reeve, and Jonathan Duchac
- Bookkeeping For Dummies by Lita Epstein
- Keeping the Books: Basic Recordkeeping and Accounting for the Successful Small Business by Linda Pinson
- Intermediate Accounting, 2007 FASB Update by Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
- Accounting- Chapters 1-13 by Carl S. Warren, James M. Reeve, and Jonathan Duchac
- Advanced Accounting by Joe Ben Hoyle, Thomas Schaefer, and Timothy Doupnik
- Fundamentals of Advanced Accounting by Joe Ben Hoyle, Thomas Schaefer, and Timothy Doupnik
- Free Cash Flow: Seeing Through the Accounting Fog Machine to Find Great Stocks (Wiley Finance) by George C. Christy
- Managerial Accounting: Creating Value in a Dynamic Business Environment by Ronald W. Hilton
- Accounting: What the Numbers Mean by David Marshall, Wayne McManus, and Daniel Viele
- Nonprofit Bookkeeping & Accounting For Dummies by Sharon Farris
- International Accounting (7th Edition) by Frederick D. Choi and Gary K. Meek
- Cost Accounting: A Managerial Emphasis, 13th Edition by Charles T. Horngren, George Foster, Srikant M. Datar, and Madhav Rajan
- Accounting: Concepts and Applications by W. Steve Albrecht, James D. Stice, Earl K. Stice, and Monte R. Swain
- Introduction to Managerial Accounting by Peter Brewer, Ray Garrison, and Eric Noreen
- Study Guide to accompany Advanced Financial Accounting by Richard E. Baker, Valdean C. Lembke, Thomas E. King, and Cynthia G. Jeffrey
- Financial Accounting: Tools for Business Decision Making by Paul D. Kimmel, Jerry J. Weygandt, and Donald E. Kieso
- Financial Accounting Fundamentals 2009 Edition by John J. Wild
- Computer Accounting with Peachtree Complete 2009, Release 16.0 with CD-ROM
- Accounting Information Systems (11th Edition) by Marshall B. Romney and Paul J. Steinbart
- Survey of Accounting by Carl S. Warren
- Managerial Accounting for Managers by Eric Noreen, Peter C. Brewer, and Ray H. Garrison
- Introduction to Management Accounting-Chapters 1-17 (14th Edition) by Charles T. Horngren, Gary L. Sundem, William O. Stratton, and Jeff Schatzberg
- Intermediate Accounting, Volume 2 (Chapters 15-24) by Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
- Financial & Managerial Accounting by Jan Williams, Sue Haka, Mark Bettner, and Joseph Carcello
- Financial and Managerial Accounting by Belverd E. Needles, Marian Powers, and Susan V. Crosson
- Managerial Accounting, Study Guide by James Jiambalvo
- Financial Accounting for MBAs by Wild, Halsey, McAnally Easton
- Financial Accounting (7th Edition) by Walter T. Harrison and Charles T. Horngren
- Fundamental Accounting Principles with Best Buy Annual Report by John Wild, Ken Shaw, and Barbara Chiappetta
- Not-for-Profit Accounting Made Easy by Warren Ruppel
- Intermediate Accounting, Chapters 1-14, Problem Solving Survival Guide (Volume 1) by Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
- Management Accounting (5th Edition) by Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, and S. Mark Young
- Bookkeeping for Nonprofits: A Step-by-Step Guide to Nonprofit Accounting by Murray Dropkin and James Halpin
- Fundamentals of Financial Accounting w/Landrys Restaurants, Inc 2005 Annual Report by Fred Phillips, Robert Libby, and Patricia Libby
- Financial Accounting: Information for Decisions by Robert W. Ingram, Thomas L. Albright, and Bruce A. Baldwin
- Working Papers For Financial Accounting: Information For Decisions by John J. Wild
- Fundamentals of Oil & Gas Accounting, 5th Edition by Charlotte J. Wright and Rebecca A. Gallun
- Core Concepts of Accounting Information Systems by Nancy A. Bagranoff, Mark G. Simkin, and Carolyn Strand Norman Ph.D. CPA
- Managerial Accounting: An Introduction to Concepts, Methods and Uses by Michael W. Maher, Clyde P. Stickney, and Roman L. Weil
- Cornerstones of Managerial Accounting by Maryanne M. Mowen, Don R. Hansen, and Dan L. Heitger
- Intermediate Accounting, Chapters 1-14, Study Guide (Volume 1) by Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
- Managerial Accounting (2nd Edition) by Karen Braun, Wendy M Tietz, and Walter T. Harrison
- Hospitality Management Accounting by Martin G. Jagels and Catherine E. Ralston
- Problem Solving Survival Guide, Volume II (Chapters 15-24) to accompany Intermediate Accounting, Problem Solving Survival Guide, Vol. II by Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
- The Essentials of Finance and Accounting for Nonfinancial Managers by Edward Fields
- Accounting Best Practices by Steven M. Bragg
- Financial Accounting 6e with Annual Report by Robert Libby, Patricia Libby, and Daniel Short
- Financial Accounting by Robert Libby, Patricia Libby, and Daniel G Short
- Financial Shenanigans: How to Detect Accounting Gimmicks & Fraud in Financial Reports, Second Edition by Howard Schilit
- Accounting the Easy Way (E-Z Accounting) by Peter J. Eisen
- Governmental and Nonprofit Accounting: Theory and Practice (9th Edition) by Robert J. Freeman, Craig D. Shoulders, Gregory S. Allison, and Terry Patton
- College Accounting, Chapters 1-13 by Douglas McQuaig and Patricia Bille
- Financial Accounting Theory and Analysis: Text and Cases by Richard G. Schroeder, Myrtle W. Clark, and Jack M. Cathey
- Financial Accounting by Belverd E. Needles and Marian Powers
- Accounting for Governmental and Nonprofit Entities by Earl Wilson, Jacqueline Reck, and Susan Kattelus
- Financial Accounting by Jerry J. Weygandt, Paul D. Kimmel, and Donald E. Kieso
- International Accounting by Timothy Doupnik and Hector Perera
- Financial Accounting in an Economic Context, Study Guide by Jamie Pratt
- Dictionary of Accounting Terms by Joel G. Siegel Ph.D. CPA and Jae K. Shim Ph.D.
- College Accounting, Chapters 1-27 by James A. Heintz and Robert W. Parry
- Cost Accounting and MyAcctgLab Access Code Package (13th Edition) by Charles T. Horngren, George Foster, Srikant M. Datar, and Madhav Rajan
- Final Accounting: Ambition, Greed and the Fall of Arthur Andersen by Barbara Ley Toffler and Jennifer Reingold
- Financial Accounting by Jan Williams, Sue Haka, Mark Bettner, and Joseph Carcello
- Accounting 2 (Quickstudy Reference Guides – Academic) by Inc. BarCharts
- Cost Accounting: Student Practice and Solutions Guide by John K. Harris
- Accounting Information Systems: Controls and Processes by Leslie Turner and Andrea Weickgenannt
- The McGraw-Hill 36-Hour Accounting Course, 4th Ed (McGraw-Hill 36-Hour Courses) by Robert L. Dixon, Harold E. Arnett, and Howard Davidoff
- Accounting: Texts and Cases by Robert Anthony, David Hawkins, and Kenneth Merchant
- College Accounting Working Papers With Study Guide 1-13 by Douglas J. McQuaig and Patricia A. Bille
- Schaum’s Guideline of Managerial Accounting by Jae Shim and Joel Siegel
- Principles of Cost Accounting by Edward J. Vanderbeck
- Accounting Fundamentals for Health Care Management by Steven A. Finkler
- Student Solutions Manual for Cost Accounting by Charles T. Horngren