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The Ten Day CPA: A Step-by-Step Professional Accounting and  Auditing Guide by [Schemmann, Michael]
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The Ten Day CPA: A Step-by-Step Professional Accounting and Auditing Guide Kindle Edition


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Length: 844 pages Word Wise: Enabled Language: English

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Product Description

Accounting is a 7,000 year-old convention and is still taught and practiced on the basis of the traditional rules published by Luca Pacioli, a scholar and mathematician, in 1494 in Venice, Italy. The art became known as Italian bookkeeping. Accounting skills are powerful instruments, considering that $70 trillion of our global money supply is created, recorded, held, transferred and reported by it.

Much discussion of accounting and money involves a heavy overlay of priestly incantation, t use JK Galbraith’s words. Some of this is deliberate. Those who talk of money and teach about it and make their living by it gain prestige, esteem and pecuniary return, as does a doctor or a witch doctor, from cultivating the belief that they are in privileged association with occult – that they have insights that are not available to the ordinary person. Underlying complexity is simplicity. There is nothing about accounting and auditing that cannot be understood by the person of reasonable curiosity, diligence and intelligence.

On 530 pages, this book provides a good view of the essentials of being a CPA. Definitions are abundant along with concepts, tables and a complete glossary of accounting terms for the reader’s ready reference.
If you decide to acquire this book, take very seriously the learning opportunities it offers. Proceed with rigor and focus. Highlight key points and take notes along the way, then review them at the conclusion of each "Day." Stick to the study schedule of two chapters a day, or one you deem most appropriate for you. Maintain a journal in which you record your reactions and reflections as you learn. Perhaps one day we the authors will write a "field book" of case studies to accompany this one. Meanwhile, let a journal become your own "field book." Record in it your experiences when applying what you have learned. In doing so, you may well create for yourself a decisive advantage when competing with those who so proudly possess a CPA.
The authors are licensed CPAs in the States of Washington and North Carolina, former banking and corporate executives, and university professors and chairs of accounting and finance.

Product details

  • Format: Kindle Edition
  • File Size: 1752 KB
  • Print Length: 844 pages
  • Simultaneous Device Usage: Unlimited
  • Publisher: IICPA Publications (20 February 2014)
  • Sold by: Amazon Australia Services, Inc.
  • Language: English
  • ASIN: B00MF3F44W
  • Text-to-Speech: Enabled
  • X-Ray:
  • Word Wise: Enabled
  • Enhanced Typesetting: Not Enabled
  • Average Customer Review: Be the first to review this item
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Most Helpful Customer Reviews on Amazon.com (beta) (May include reviews from Early Reviewer Rewards Program)

Amazon.com: 4.0 out of 5 stars 3 reviews
2.0 out of 5 stars Minimal Accounting, Very Heavy on Auditing 17 May 2014
By Chris Smith - Published on Amazon.com
Verified Purchase
Not much accounting in here mostly Auditing and glossary of terms. I believe novices or pros could spend their money better elsewhere.
5.0 out of 5 stars The Essentials of Being a CPA 4 December 2013
By MICHAEL SCHEMMANN Author - Published on Amazon.com
"I spent the better part of the day reading The Ten Day CPA... probably this books will be a runner, especially if students begin buying it as a quick reference keeper. I do not recall such coverage of the accounting and auditing worlds in a single book. Good job. I wouldn't change a thing..." [JMW, CPA] The authors are licensed CPAs in the States of Washington and North Carolina, former banking and corporate executives, and university professors and chairs of accounting and finance. On 536 pages, this book provides a good view of the essentials of being a CPA. Definitions are abundant along with concepts, tables and a complete glossary of accounting terms for the reader's ready reference.

If you decide to acquire this book, take very seriously the learning opportunities it offers. Proceed with rigor and focus. Highlight key points and take notes along the way, then review them at the conclusion of each day. Stick to the study schedule of two chapters a day, or one you deem most appropriate for you. Maintain a journal in which you record your reactions and reflections as you learn. Perhaps one day the authors will write a "field book" of case studies to accompany this one. Meanwhile, let a journal become your own "field book." Record in it your experiences when applying what you have learned. In doing so, you may well create for yourself a decisive advantage when competing with those who so proudly possess a CPA.
5.0 out of 5 stars A large body of knowledge all in one book. 17 December 2013
By Sakulma Saekim - Published on Amazon.com
Schemmann and Wood, PhDs, CPAs, have created a concise summary of a large body of knowledge at a reasonable price, covering concepts, formats of statement presentations, internal and external auditing -- all in one book -- a decisive advantage for all ussers as well as faculties and students in business schools. The book uses professional terminology, in spite of its title alluding to simplicity, since "there is nothing about accounting and auditing that cannot be understood by the person of reasonable curiosity, diligence and intelligence." A very good and easy to use book for almost everyone regardless of country because accounting is the language of business. 4.5 stars!!!