(Part 3) Best accounting books according to redditors

2018 graduate here. Here's what got me through.

• Move out of the dorms. My rent was $1000/month when I was living on Mission Hill with two roommates. You can go a fair bit lower if you're willing to compromise on roommates or location.
  
• Ditch the meal plan and learn to cook. It's a great skill to have and you'll be eating tastier, healthier food while also saving money. An Instant Pot or a Crock Pot is a fantastic investment for meal prep.
  
• Use your savings from co-op to cover living expenses. If you can, get your co-ops extended. Get a part-time job so you have spending money. (Keep in mind that the amount of money you'll make on co-op varies wildly depending on your major.)
  
• Start budgeting and get your personal finances together. Mint makes it very easy to pull together all of your information and see what you're spending. I also found this book to be very helpful.
  
  Going more into my own experience: I didn't have a meal plan after freshman year, and I moved off-campus after sophomore year. I only had to take one semester of summer classes, so for my other summers, I convinced my co-op employers to keep me through August (I was on the January-June cycle). I often worked as a TA when I was taking classes, and there was one semester where I did part-time work for a co-op employer.
  
  I think that the viability/payoff of staying at Northeastern really depends on your major. Ideally, your co-op money will help you get through school and the experience/networking will help you quickly get employed after graduating. If the prospects don't look good, then I think it makes more sense to transfer instead of staying and taking on tons of debt.

A bit of a tangent, but I never thought I’d enjoy reading books about accounting, but here are two good ones that showed me what’s possible, inspired me to hire a quality CPA, and helped me know the questions to ask when interviewing them.

“Tax-Free Wealth” by Tom Wheelwright

“What Your CPA Isn’t Telling You” by Mark Kohler

Participation? C'est une hausse des salaires. T'inquiète pas, elle existe déja la participation.

Ensuite, ta partie sur les actionnaires, je refuse de te répondre tellement tu sembles ne rien comprendre aux bases de la comptabilité.

There is no such thing as digesting this class quickly and painlessly. This is one of the "Big Four" suck-o-matic courses in the Accounting curriculum.

That said, if you need some outside resources, here are ones I used.

Quick note: for S-corporations, equity and debt basis are separate; in case of a loss, equity basis is depleted FIRST; when that is zero, you can deplete debt basis. For partnerships, there is no difference between equity and debt basis.

The Essentials of Corporate Taxation: https://www.amazon.com/Corporate-Taxation-Essentials-Study-Guides-ebook/dp/B00B2S5MSE/ref=mt_kindle?_encoding=UTF8&me= (If you only get one of these, get this one.)

Tax Guide for Partnerships: https://www.amazon.com/Tax-Guide-Partnerships-2016-Bible-ebook/dp/B019R2DL3O/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1497360244&sr=1-1&keywords=Tax+Guide+for+Partnerships (This one is poorly formatted and can be difficult to read)

Federal Income Taxation of Partners and Partnerships in a Nutshell: https://www.amazon.com/Taxation-Partners-Partnerships-Nutshell-Nutshells-ebook/dp/B01MRWOT6R/ref=mt_kindle?_encoding=UTF8&me=

Federal Income Taxation of Corporations and Stockholders in a Nutshell: https://www.amazon.com/Federal-Taxation-Corporations-Stockholders-Nutshell-ebook/dp/B00SNCLU8S/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1497360450&sr=1-1&keywords=federal+income+taxation+of+corporations+in+a+nutshell

> Apparently I am a rube. First Elio, now this.

Then, here's the book for you:

https://www.amazon.com/Fraud-Prevention-David-Meade-ebook/dp/B00CMJO7U6/ref=asap_bc?ie=UTF8


"It evidently was written by someone who's never used anything more sophisticated than a camera phone and contained no useful information."

They probably read this book before they wrote that photography book:

https://www.amazon.com/Research-Writers-David-Meade-ebook/dp/B00E0MKDFQ/ref=asap_bc?ie=UTF8

This is what Paul Elio needs to buy before he starts production:

https://www.amazon.com/Financial-Manufacturing-Integration-Optimization-Application/dp/0849391857/ref=sr_1_1?s=books&ie=UTF8&qid=1506430289&sr=1-1&keywords=david+Meade+Lean+Manufacturing

ok, si tenis kindle hay un español qliao que se llama oriol amat, escribió un par de bueno libros si no tienes pico idea de finanzas
finanzas para dummies

introducción a la contabilidad y las finanzas

master en finanzas

master en contabilidad

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despues ya si quieres ser mas emprendedorsh
finanzas para emprendedores

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y este pa que no todo sea puro numero ( aunque las finanzas en el fondo pues, lo son)

avanzando

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esos pa empezar, y qué quieres que te diga, nadie oculta nada,

está todo ahí solo que a la gente le importa un pico la educación financiera, no todos quieren ser ricos

la mayoría nos conformamos con tener suficiente pa que no nos webee la mina.

I used this book to learn the Excel skills I needed for my job.

https://www.amazon.com/Excel-University-Microsoft-Accounting-Professionals-ebook/dp/B008UZHLJ0

Volume 1 and Volume 2 are enough. I'm sure there are free resources somewhere (could always rely on Help while in Excel).

Royalties derived by an author who actually wrote his book are business income (Schedule C, not schedule E). You would do it while outside the US and work for a foreign corporation (your corporation). FTC or FEIE would tax care of income tax but this structure would also eliminate social security.

Of course, here's my book. It's kids appropriate (not that kids would actually read it, but that's another story) https://www.amazon.com/U-S-Taxes-Worldly-Americans-Traveling/dp/1945884274/

hey, hey, whoah.

you can totally get one of these, these, or even these for $0.00 too.

(IANAA:) The entire 2016's income tax is filed between January 23, 2017 and April 15, 2017. If you expect to owe more than $1000 by file time for 2017 tax (filed in 2018), you do pay estimated tax all four quarters: due April, June, September, and the following January. The total amount due is the lesser of 100% of the previous year's (2016) tax, or 90% of the current year's (2017) tax. In the former case, you get your quarterly payment amount by dividing your previous year's tax by 4.

For e-file, here's an IRS-provided list of software and websites (it's empty until January 13th, so check then). My favorite is freefilefillableforms.com (open on January 23rd) -- this presents to you a blank tax form and you fill in the fields and forms you know are needed.

To learn how the forms and taxes work, I highly recommend filling them out by hand and following their line-by-line instructions: 1040, Schedule C, and Schedule SE. The instructions are very logical and highlight exactly how your deductions are qualified and calculated.

And FWIW, these couple books were very helpful to me: here's a very simple primer on small business tax, and if you want to learn basic bookkeeping.

Just bought this one. It's only $2, and one of the reviewers said it was great for refreshing what he used to know, which is exactly what I'm looking for. Thanks!

Check this out

Denso, concettoso. Come sottotitolo gli darei 'la meccanica dell'emigrazione': per capire come funzionano le leve e gli ingranaggi.

https://www.amazon.it/dp/8858125509


Anche consigliato, ma meno accessibile:

https://www.amazon.it/dp/8842090743

Looking for just the Solution Manual of Management Accounting (5th Edition specifically) by Seal, Rohde, Garrison, Noreen. ISBN: 0077157508, 978-0077157500. $5 Paypal https://www.amazon.co.uk/Management-Accounting-Higher-Education-Business-ebook/dp/B00RVXGVCK/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=&sr=

https://www.amazon.com/Principles-Marketing-Philip-T-Kotler/dp/013449251X
https://www.amazon.com/Management-Ricky-W-Griffin/dp/111196971X/ref=sr_1_fkmr0_1?s=books&ie=UTF8&qid=1503935798&sr=1-1-fkmr0&keywords=Griffin%E2%80%99s+textbook+Management+%2811th+ed.%29+by+Cengage
https://www.amazon.com/Managerial-Accounting-Access-Code-Connect-ebook/dp/B00WN44YM6/ref=sr_1_fkmr1_1?s=books&ie=UTF8&qid=1503935870&sr=1-1-fkmr1&keywords=Managerial+Accounting.+15e+%28custom+stext%29+Garrison%2C+Noreen+%26+Brewer+%28McGraw_HIll+Education%2C+2015%29 with the access code?

I don't use AMZ Tracker and I also didn't sign up for AMZRT. Again - the eBook is free and I make minimal money per paper copy (it's published through CreateSpace) so I have no complaints. It's just odd.

A batch of about 25 reviewers noted receiving it discounted/free for their review and one specifically noted AMZ.

Can't find it on libgen

https://www.amazon.com/Intermediate-Accounting-Elizabeth-Gordon-ebook/dp/B0153J0UAC/ref=mt_kindle?_encoding=UTF8&me=

apply this

https://www.reddit.com/r/rutgers/comments/6w13uw/anyone_willing_to_sell_me_a_physics_10th_edition/dm4jl1p/

Actually, people are already writing books about it. I would never be called a genius.

https://www.amazon.com/Chinas-Guaranteed-Bubble-Government-Propelled-ebook/dp/B019PN9AAI

But most of all, predicting when the bubble bursts is hard since China's government has a lot more power and fewer regulations than democratic societies. They can forcibly crack down on the economy to delay it for years- countries like the U.S. can't.

>It's dishonest not to separate them into two categories, for the reasons I described.

I thought we were trying to have a discussion here. You outlined your stance, and now I outlined mine. Could we please talk about this rationally without you calling me dishonest in the very first sentence? Please?

You didn't address anything I said there, you just handwaved it away with a personal accusation. If you feel I am wrong, then explain why we should continue to say there's a distinction there when plenty of private industries are treated as quasi-governmental bodies.

>I thought they were public workers who weren't legally allowed to strike?

Airline workers? Nope. This is what I'm talking about. Throughout the history of the US, private labor disputes have been broken up by the government using legal means - and the police, if needed - to force these supposedly "private" workers to go back to work. This goes back to at least the mid-19th century, when the standard US response to a strike was to send in goons to beat up the protesters. It wasn't even until Teddy Roosevelt that the idea of (gasp) talking with the workers became an accepted idea.

So if we haven't respected that public\private boundary for the last 150+ years, why should we start acting like it matters now?

>How about the future pension obligations in Illinois and other states? Do you have any idea how high taxes would have to be raised to pay for them?

Well, then you NEGOTIATE over that. You talk to the workers. You talk to the people. In short, you decide to treat the people in your country as though they are intelligent enough to understand a good argument, and to come to a compromise that works out well for as many people as possible. The example of Semco shows that this sort of approach can absolutely work.

There have been plenty of cases in labor history of employers and employees talking these things out and coming to mutually-beneficial agreements, even ones that involved the union accepting pay cuts. I just see no evidence that heavy-handed tactics like you're advocating are required in any but the most unusual of circumstances.

As I see it, the burden here is not on me to explain why freedom is the best solution to the problem, but rather on YOU to explain why there is no other choice but to strip workers of their liberties. Isn't that how things are supposed to work in a free society? Taking away people's right to NOT work is just as bad as taking away their right to be productive.

At least as I see it. Feel free to disagree.

>Not sure about the public sector.

You mean, aside from the bullshit going on in Wisconsin at this very moment? I mean, this is just not a valid denial. We are IN THE MIDDLE of a massive governmental labor dispute right now. But, if you want more, for example, there have been at least three major police strikes in US history. And even more when you look at groups like firefighters.

And shall we even talk about teachers? They're public employees too, you know... and some of the most overworked, least-respected workers in the country, even today. And there've been too many teacher's strikes over the years, over those exact issues, to even be able to easily list. Here's just one, which started when a governor deliberately vetoed an agreed-on tax increase which would have increased funding for schools.

>Alternatively, we could implement strong labor laws that protect everyone, not just union members.

All right, like what? I'm perfectly happy talking about alternatives.

And also, if you didn't see the update I made to my post, go read about Semco and its leader. That might make you think differently about how employer-employee relations have to work. It certainly did for me, when I read his book a few years ago.

This sort of antagonism just isn't necessary. It's a relic of Victorian England, fundamentally, just one that's so well-entrenched that we haven't gotten rid of it. But there are better ways, and they don't involve stripping liberty away from your workers.