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Basic Accounting Concepts »

We realize that some candidates may never have taken a formal class in accounting. Accounting has an exam weight of 28% at Level 1, and is often a candidate's Achilles heel. In order to help you solidify your understanding of basics, we have put together a book with over 100 pages that explains basic accounting concepts in an easy to understand manner. The topics covered are: basic definitions, balance sheet, income statement, statement of cash flows, shareholders' equity, financial ratios, EPS, earnings quality, and comparison of GAAP with IAS. We do not rely on debits and credits but explain the above concepts in layman's language. If you feel you need to beef up your accounting basics, order a copy today. There are two ways to get this book. International candidates can only order a pdf copy of this book. Shipping costs prohibit us to mail it overseas in time for the exam. The cost of a pdf copy is US $20. After receiving your payment (credit card, check, money order etc.) we will email the pdf file to you. US residents can order in paper form also, for $25 (ground shipping included). It is a violation of finSage copyright to make more than one paper copy of the pdf for personal use.

Resale or even exchange of such pdfs with anyone else is prohibited. We are trying to minimize the cost to you, so please assist us in controlling and eliminating their free distribution and sharing. Violation of these prohibitions would fall under the Ethics Code and Standards. We thank you for your cooperation.

Accounting Basics - pdf file (this is the only option for non-US candidates)

                           US $20

Order

Accounting Basics - Book (paper form - US only)                                                                      

US $25

Order

Or, combine Accounting Basics with the ReadyAccess formula sheet for only $14 more and SAVE $11!

Accounting Basics - Book & ReadyAccess Formula sheet (paper form - US only)          

US $39

Order

 

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