The Accounting Game: Learn the Basics of Financial Accounting - As Easy as Running a Lemonade Stand (Basics for Entrepreneurs and Small Business Owners)

This was a great book. I highly recommend it. First, I loved the size of the book, the font and the spacing. I loved color graphics and using color. At the end of each chapter, it asks questions and provides the answer. This is really helpful because most of us talk to ourselves when we get stuck and we need to know what questions to ask ourselves to obtain an answer. This was also good for reviewing what you just learned. As you read on, you will fill out the financial statements. Every other page has one and it's in color. Learn and do is how this book operates. It's very easy to understand and the concepts and vocabulary stuck with me. I read the 1st 5 chapters in one day. And I finished the book in 3 days. I hope the authors consider making more books. It was fun and enjoyable to read.

I have to guide and teach 2 of my family members ( my mother and my sister, we are in business together. I am 46 years old ) , in how to use accounting in order to make decisions about more than 5 different companies we own, or have interests in. My goal is to teach them, how to read financial statements and how to use that information, in order to be a proactive board member and business director. I often find it difficult to explain concepts to people who have no clue about the topic. What a task!!! So I bought 3 of these books. One for each of them and one for me. I have a formal education related to those topics. University degree in business management and a masters degree in general management and in finance. And this book is excelent. I have enjoyed reading the first chapter and doing the exercises. Today we will have our first sesion with them, in order to discuss the first chapter. This book turns something that should be "square and boring", into a very nice learnig process. And is very entertaining. The content is really good. For people who need to learn about the subjetc and how to apply it, it is very usefull. Even for me, you always learn new things. When you finish this book, I doubt you will be able to get a job as a full time accountant. But you will have a solid understanding of the basic accounting principles, and will be able to "read" the story that your business financial statements tell. To interpret them, and hopefully with some common sense, to be able to ask the right questions. As business owners, we "see" through the financial statements and ownership should come hand in hand with beeing able to interpret financial statements in order to direct a business. No matter the size. Even our own household.Excellent book!!! Congratutalions to the authors. You should have a spanish language version available, for people whose native language is not english. Perhaps in the future. Ahh and one more comment. This book , I do recommend that you purchase the print edition. That way you can do the exercises better. 100 points.

I’m a Senior Tax Accountant and wanted to find a book to explain basic accounting concepts to new accountants. This book does a wonderful job breaking complex ideas into understandable concepts. It uses repetition to drive home points and asks the reader to create dozens of iterations of financial statements. Repetition and “doing” is the easiest way to remember the complex concepts of accounting, but the story allows the reader to develop an understanding of the financial statements at the same time (so they learn the “why” behind what they’re doing. This is very important and why I’d recommend this to any person trying to get their feet wet with accounting or better understand their business!! A few negative points: -This book is slightly outdated on some rules that it explains. For example, a business is no longer required to use the accrual method of accounting if it has inventory, so long as it’s average gross receipts are under $30m annually. -The book treats an owner’s draw as an expense, when in reality a draw reduces owner’s equity but is not an expense (for a sole proprietorship). This is important to clarify as many readers of this book are likely entrepreneurs with sole proprietorships/single-member LLCs. Draws do not reduce taxable income! -This book teaches the basics of financial statements, and does a great job at doing so. However, most readers would need additional study material to learn about double-entry accounting and go beyond the basics if they’d like to do bookkeeping for their own businesses. Real life isn’t so easy. Overall wonderful book that I’d highly recommend.

this book tells you about accounting at a 5-grade level and it's a nice sense the college textbooks are ever so confusing I would give this but a 9/10 for how simple it is to understand and do work problems as you read along the chapters would recommend.

Very entertaining book to refresh my memory from college about accounting and bookkeeping standards and terminology. Easy to read, very informative.

I’m almost halfway through and the book is written in such a helpful, engaging, humorous, and teachable way. I highly recommend!

This book is soooooooo cool! It walks you through complex accounting, using the simplicity of a lemonade stand. I’ve been an entrepreneur for 10 years and don’t see it lacking anything, as its critics suggest. Sure, you can supplement it with something that has more complex examples, but, the necessitaties are all there. A few other things: Visual aid, - I swear, if it’s one type of book that needs visual aid, its business books, particularly accounting. YET MOST DON’T HAVE IT. This one does. Active learning, - you really are guided by the editorial to keep your own books. I’m talking line by line instructions that a kid can grasp one what it is and what to put down. Storification, - Storifying something like accounting is BRILLIANT and often difficult. Lines like, “Mom and Dad want to give you a lesson about running a business and without warning, decide to charge you a GLASS RENTAL FEE of two dollars!!!! Talk about tough love! Worse yet, the next day, your best friend (or the kid you thought was your best friend) announces that he or she wants to be paid one dollar for a sign he or she painted for the lemonade stand. Stop and figure out your expenses.” Puts you in the middle of a business movie, and keeps you on the edge of your seat, paying attention and exercising your fiscal intelligence. Need I say more? FIVE STARS!!!!

I am in my second year of earning an associate's in accounting, and I bought this book to supplement what we are learning in class. The primary issue is that not all answers are listed in the back. Please have every solution for every journal entry. I liked the book because it broke down the terms that it is easy enough for a novice accountant.

Its a good book for beginners

good and easy to understand

I bought this book in order to have a refresh of Accounting for my exams and I can say without problems that It has been a fantastic purchase. I would really suggest it

The book is excellent. It explains accounting from a kid's perspective, who is running a lemonade stand. It's makes things easy to understand by color pictures and also many exercises. Over all I would recommend this book to anyone trying to understand accounting from a business owner or investor perspective.

Great book. Recommended for beginners