Text Box: By Stanley W. Angrist
Text Box:   Excerpted
“...Maybe you told yourself many times that you would prepare your own tax return if only you understood all those specialized terms used in the IRS code and on the forms and schedules. Well, you have just lost your excuse with the publication of “Accounting: The Language of Business” (Thomas Horton and Daughters, 139 pages) by Roman Weil, Patricia O’Brien, Michael Maher and Clyde Stickney.
Text Box: Not only will you learn how accountants use words, which is often substantially different from how the rest of use them, but you will also find this is the first 
accounting book that can actually make you smile.    Here is part of the authors definition of “money”: “ A word seldom used with precision in accounting, at least in part because economists have not yet agreed on its definition.”
In addition to a detailed glossary of accounting terms, the book Text Box: also contains a line-by-line analysis of the General Electric annual report and the Penn Central Transportation Company’s balance sheet just before its bankruptcy.  This book should be listed as one of your personal expenses sometime soon. 
Text Box: Beating Taxes the Old-Fashioned Way
Text Box: Text Box: Text Box: Text Box: