Ok for some, not Ok for others...
I purchased this for school (of course) for a really speedy condensed course on Accounting. If you have a GOOD teacher that can explain this material in layman's terms PLUS use this book as an example, then this is a great book to reflect/study the lectures & do the excercises. I think a person COULD study this on their own but they must like to work out logic problems and have the patience to figure out what is wrong when the problems don't balance.
The CD program that makes spreadsheet that comes along with this is stupid. What a person can do on the program is limited(e.g. put in your own date, make transactions active...)BUT the GREAT THING ABOUT IT IS that you don't have to make pages of SPREADSHEETS. Punch in numbers and DONE! QUICK!
The tutorial CD made the steps of accounting easier to understand. Clear. I was afraid of taking accounting because it sounded BORING but when I took this class and read the book, it became clear and easy (to me). The people that didn't get good grades were either not absorbing the material(boring attitude all the way!),practicing the problems(who has time to do that when you can go SURF), and didn't ask questions (who wants to hang at school?).
I think a person needs to take time to practice and absorb the material to actually figure it out.
Book is just too hard to comprehend
This book has its high points. The exercises are to the point and easy to understand, but yet somewhat hard to do. However, the text has the problem many accounting books I have seen have, that is the fact it contains too many in-text examples and not enough to the point study points for someone who just needs to know the principals for quick and easy studying. If a course you are in requires this book you best go looking for an additional study manual for study help.
Not good for self study
I am taking a course which uses this book. The book is written well but there is no answer key in the book for the problems. There is no way to get feedback on the exercises. Even the practice question in the chapters do not have answers.
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