Top 10 Books of Accounting For The Beginners

Are you willing to learn to account? Or do you want to enhance your accounting skills? Are you searching for the best books of accounting? Here, we will provide you with a list of the top 10 books to learn to account effectively.

If you are a businessman, bookkeeper, or accountant, reading accounting books can boost your knowledge. It will help you to succeed in your business by leaps and bounds if you are updated with accounting skills.

Strong accounting skills are required, from tax planning to decision-making.

Let’s discuss the books that are worthwhile to read

Best Accounting Books

1. Accounting for the Numberphobic

Writer- Dawn Fotopulos

It is the best book for small business owners, especially those who feel frightened when handling the limitless numbers in spreadsheets.

It expounds on the most essential and basic concepts of accounting that play a crucial role in your daily business activities, such as Balance sheet, cash flow, net capital/income reports, etc. In addition, it answers questions related to your business operations, like what amount you should spend and what revenue you should earn based on your business size and popularity.

2. Accounting Made Simple

Writer-CPA Mike Piper

The most important part of this book is its writer, a licensed CPA(Certified Public Accountant) who considers the practical life examples in his book. This book is best for self-employed people or solo practitioners who want to learn the fundamentals of accounting.

In this concise book, all the concepts are covered well. 

You can learn how to understand financial statements and their creation. It also explains necessary aspects like the difference between the cash method and accrual method, depreciation, amortization, and others that a fresher should know.

3. Accounting All-in-One for Dummies-

Writer- Kenneth W.Boyd

It is a reader-friendly book that teaches all the essential concepts of accounting to the novice. Accounting all-in-one for dummies is for overall accounting knowledge, as it covers all the basic information in nine mini-books.

After reading this book, you will be able to handle balance sheets and income statements. It also covers other advanced features, such as financial decisions and fraud detection in different niches. This book is valuable for newcomers and experts who want to boost their accounting concepts.

4. Barron’s Accounting Handbook-

Writer- Joel G. Siegel, Jae K. Shim, and 2 more 

experts

This book considered the U.S. GAAP (Generally Accepted Accounting Principles) and IFRS (International Financial Reporting Standards).

Barron’s Accounting Handbook includes the complete knowledge of accounting that professionals should know. 

It consists of 1000 pages, in addition to an accounting terms dictionary. If you find any problem regarding any accounting term, you can read that from the dictionary and can shun any confusion.

5. Tax Savvy for Small Business-

Writer- Frederick W. Daily

Tax accounting is a vital aspect of running a business, and this book assists you in understanding tax concepts. The author writes about his 35 years of experience as a tax attorney and shares all the tax planning strategies that he knows in this book.

It covers all the tax topics.

If a business deserves tax credits and wants to maximize them, this book helps to do so. It is also helpful in learning how to record previous statements. Furthermore, it teaches how to deal with an audit.

Also Read

• Debit vs Credit
• Bookkeeping vs Accounting
• Quick Guide on What is the Purpose of Accounting for Students

6. Warren Buffett Accounting Book-

Writer- Warren Buffett, Stig Brodersen, Preston George(Co-authors)

This book offers two effective ways to determine the worth of an organization. It also helps in learning how to understand a balance sheet, income statements, and cash flow.

Warren Buffett is renowned for his investing skills, and this book is one of the best accounting books for investors. It is a series of three books that will help you hone your skills in investing and picking winning stocks.

7. Profit First

Writer- Mike Michalowicz

Profit First is a book that teaches you how to convert your money-eating business into a money-making system. As the title suggests, it focuses on profit-making strategies and gives you a different perspective on running a business.

Profit first is a worthwhile book for entrepreneurs because it teaches them how to deal with bookkeeping, and the reader will learn how to make money first.

The author presents many case studies in a book that is easy to read and understand, using layman’s language.

8. The Accounting Game

Writer-Darrell Mullis, Judith Orloff

It consists of 179 pages, and it converts complicated accounting terms into simple ones. The writer explains the fundamentals of accounting by giving examples of famous childhood business ventures.

The interesting part of this book is at the end of each part; quizzes are given to solve so that the reader can understand the accounting properly.

9. Accounting Best Practices

Writer-Steven Bragg

This book is preferable for accountants or those who are working in this field. It enhances accountants’ efficiency and accuracy. Accurate data is essential for increasing profit and operation optimization. It is one of the important books of accounting that teaches the reader accurate and proper accounting skills. The author provides solutions, refinements, and tips to overcome the challenges faced by accountants. 

This book is not advisable for freshers because it consists of advanced concepts and skills in accounting. It is the best solution for those who are working in this field.

10. Financial Shenanigans- How to detect accounting gimmicks and fraud in financial reports

Writer- Howard Schilit and Jeremy Perler

This book consists of numerous accounting frauds and illustrates practical world examples and suggestions on finding scams. It also offers various tricks to investors to deal with gimmicks. This book’s main purpose is to detect frauds in business operations and provide techniques to prevent them.

Here’s a list additional 100 accounting books for beginners

1. Accounting Made Simple – Mike Piper
2. Financial Accounting for Dummies – Maire Loughran
3. Accounting All-in-One for Dummies – Kenneth Boyd
4. Principles of Accounting – Belverd E. Needles Jr. and Marian Powers
5. Bookkeeping and Accounting All-in-One for Dummies – Jane Kelly and Lita Epstein
6. The Accounting Game: Basic Accounting Fresh from the Lemonade Stand – Darrell Mullis and Judith Orloff
7. Schaum’s Outline of Principles of Accounting I – Joel J. Lerner and James A. Cashin
8. How to Read a Financial Report – John A. Tracy
9. Fundamental Accounting Principles – John Wild, Ken Shaw, and Barbara Chiappetta
10. Accounting for Non-Accountants – Wayne A. Label
11. Principles of Accounting – John J. Wild
12. Introduction to Financial Accounting – Charles T. Horngren
13. Cost Accounting: A Managerial Emphasis – Charles T. Horngren, Srikant M. Datar, and Madhav V. Rajan
14. Intermediate Accounting – Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
15. Essentials of Accounting – Robert N. Anthony and Leslie K. Breitner
16. Managerial Accounting – Ray H. Garrison and Eric Noreen
17. Accounting for Dummies – John A. Tracy
18. Financial Statements: A Step-by-Step Guide – Thomas Ittelson
19. Accounting Principles – Jerry J. Weygandt, Paul D. Kimmel, and Donald E. Kieso
20. Accounting: Tools for Business Decision Making – Paul D. Kimmel, Jerry J. Weygandt, and Donald E. Kieso
21. Basic Accounting – Nishat Azmat and Andy Lymer
22. QuickBooks for Dummies – Stephen L. Nelson
23. Warren Buffett Accounting Book – Stig Brodersen and Preston Pysh
24. Double Entry: How the Merchants of Venice Created Modern Finance – Jane Gleeson-White
25. Financial and Managerial Accounting – John J. Wild
26. Management Accounting – Anthony A. Atkinson
27. Financial Accounting Theory – William R. Scott
28. Advanced Accounting – Debra C. Jeter and Paul K. Chaney
29. Corporate Finance: The Core – Jonathan Berk and Peter DeMarzo
30. International Accounting – Timothy S. Doupnik and Hector Perera
31. Introduction to Managerial Accounting – Peter C. Brewer
32. Accounting Information Systems – Marshall B. Romney and Paul John Steinbart
33. Financial Accounting – Robert Libby
34. Survey of Accounting – Carl S. Warren
35. Financial Accounting: An Introduction – Pauline Weetman
36. Accounting Handbook – Jae K. Shim and Joel G. Siegel
37. Forensic and Investigative Accounting – D. Larry Crumbley
38. Principles of Cost Accounting – Edward J. Vanderbeck
39. Financial Accounting: A Business Process Approach – Jane Reimers
40. A Concise Introduction to Logic – Patrick J. Hurley
41. Governmental and Nonprofit Accounting – Robert J. Freeman
42. Auditing and Assurance Services – Alvin A. Arens, Randal J. Elder, and Mark S. Beasley
43. Financial Management for Nonprofit Organizations – Jo Ann Hankin
44. Financial Accounting: Reporting & Analysis – Charles H. Gibson
45. Accounting Workbook for Dummies – John A. Tracy
46. Auditing: A Risk-Based Approach to Conducting a Quality Audit – Karla M. Johnstone
47. Accounting Theory – Ahmed Riahi-Belkaoui
48. Small Business Accounting – Andy Lymer
49. Financial Management for Nonprofit Organizations – Charles K. Coe
50. Business Accounting – Frank Wood and Alan Sangster
51. Managerial Accounting: Creating Value in a Dynamic Business Environment – Ronald W. Hilton
52. Financial Shenanigans – Howard Schilit and Jeremy Perler
53. The Fast Forward MBA in Finance – John A. Tracy
54. Wiley GAAP 2023: Interpretation and Application of Generally Accepted Accounting Principles – Joanne M. Flood
55. Financial Accounting: IFRS Edition – Jerry J. Weygandt
56. Accounting Best Practices – Steven M. Bragg
57. Advanced Financial Accounting – Richard Lewis and David Pendrill
58. Auditing Cases: An Interactive Learning Approach – Mark S. Beasley
59. Accounting for Decision Making and Control – Jerold L. Zimmerman
60. Financial Accounting in an Economic Context – Jamie Pratt
61. Principles of Auditing and Other Assurance Services – Ray Whittington and Kurt Pany
62. Introduction to Accounting – Pru Marriott
63. Finance & Accounting for Nonfinancial Managers – Steven A. Finkler
64. Behavioral Research in Accounting – Vicky Arnold
65. Managerial Accounting for Dummies – Mark P. Holtzman
66. Introduction to Financial Accounting – Henry Dauderis and David Annand
67. Financial Accounting: An International Introduction – David Alexander and Christopher Nobes
68. Public Sector Accounting and Financial Management – Ron Hodges
69. Financial Accounting and Reporting – Barry Elliott and Jamie Elliott
70. Accounting and Finance for Managers – Matt Bamber
71. Budgeting Basics and Beyond – Jae K. Shim and Joel G. Siegel
72. Contemporary Issues in Accounting – Michaela Rankin
73. Managerial Accounting: Decision Making and Motivating Performance – Srikant M. Datar
74. Government and Not-for-Profit Accounting – Michael H. Granof and Saleha B. Khumawala
75. Intermediate Accounting: IFRS Edition – Donald E. Kieso
76. Introduction to Governmental and Not-for-Profit Accounting – Martin Ives
77. Accounting: Understanding and Practice – Robert Perks and Danny Leiwy
78. Intermediate Accounting: Reporting and Analysis – James M. Wahlen
79. Management Accounting: Information for Decision-Making and Strategy Execution – Anthony A. Atkinson
80. Finance and Accounting for Non-Specialists – Peter Atrill and Eddie McLaney
81. Financial Accounting for MBAs – Peter D. Easton
82. Accounting Ethics – Ronald F. Duska and Brenda Shay Duska
83. Payroll Accounting 2024 – Bernard J. Bieg and Judith Toland
84. Accounting Fundamentals for Health Care Management – Steven A. Finkler and David M. Ward
85. International Financial Statement Analysis – Thomas R. Robinson
86. Accounting: The Basics – L. W. Jennings
87. Accounting for Managers: Interpreting Accounting Information for Decision-Making – Paul M. Collier
88. Financial Reporting and Analysis – Charles H. Gibson
89. Accounting Principles: A Business Perspective – Hermanson, Edwards, and Maher
90. Intermediate Accounting: Principles and Analysis – Terry D. Warfield
91. Financial Accounting for Non-Specialists – Tony Davies
92. Understanding Financial Statements – Aileen Ormiston
93. The Principles of Banking – Moorad Choudhry
94. Accounting and Finance for Non-Specialists – Eddie McLaney
95. Value-Based Management with Corporate Social Responsibility – John D. Martin
96. Financial Reporting and Analysis – David Alexander
97. Financial Accounting Demystified – Leonard Eugene Berry
98. International Financial Reporting Standards: A Practical Guide – Hennie van Greuning
99. Financial Accounting: A Conceptual Emphasis – Clyde Stickney
100. Managerial Accounting for Non-Accountants – Catherine Gowthorpe

This extensive list should give you a variety of options to explore, ranging from beginner guides to more specialized accounting books!

Conclusion

In this blog, we provide you with the top 10 books of accounting where you can learn about accounting. Accounting is known as the language of business, so in order to keep your business in demand, you should know how to apply accounting tools. For the security and progress of any organization, accounting skills are mandatory, and by reading the above books, you can learn important aspects of accounting.

You can start as a beginner, and books can make you perfect in accounting if you read them dedicatedly. Dedication and consistency are important factors when you are going to learn something new. I hope this blog is helpful for you in the way of your learning path. Get the best financial accounting assignment help from our experts.

Frequently Asked Questions