Can anyone suggest some good book keeping/Accounts books that i should purchase to aid my revision. Ive heard on this site about David Cox but no others and i need all the help i can get at this early stage. Also where is the best place to purchase and whats the likely cost.
My personal choice is Frank Wood & Sheila Robinsons "Book-Keeping and Accounts"
My sixth edition has been over taken but the ISBN for 6th is 0-273-68548-1
It was the only text book I bought, and used it in conjunction with my study text. Found it explained some aspect slightly clearer (from my point of view) that some of the study text
I know the David Cox gets a big thumbs up from Shaun
just had to check back which body you are with before I answered this.
Right, for AAT best approach may be to know too much. David Cox is a good first step (as is Business Accounts by Frank Woods and Sheila Robinson) but when you are ready to move things up a gear go for ACCA study texts.
For general bookkeeping and management accounting go for second hand copies of the following books (there are other versions of each of the following but those ISBN's are my versions) :
Paper 1.1 Preparing Financial Statements 0751702307
Paper 1.2 Financial Information for Management 0751702315
Paper 2.4 Financial Management & Control 0751702358
The above are all timeless. It's only when you start getting into accounting standards and tax laws that you need more up to date books.
For personal and business tax accept no substitute for the Kaplan study text for ACCA paper F6. See here for a version that you can look inside but when you buy a copy it will need to be the one relevant to the tax exams that you take (so FA10 or FA11 I assume) :
Note, don't buy a tax study text until you are ready to prepare for the exam as by the time you are ready to take the exam the version that you have will probably be out of date (been there, done that!).
International Accounting standards seem to change every week at the moment. A good text for you would be the AAT's own (published by Kaplan) as it covers the basics without getting overly heavy. Have a look here, again at a version that you can look inside) :
When reading AAT texts you will quickly discover that they are actually the ACCA texts but with large chunks taken out. That's why I advised looking straight at the ACCA one's above.
However, the above advice aside, maybe the best money that you could spend would be to take a trip to Foyles bookkshop on Charing Cross road and go and spend a couple of hours in their accountancy books department reading and comparing Kaplan and BPP study texts for ACCA, CIMA, AAT, HND, etc. and seeing which one's feel right for your learning style.
You don't need to buy them from there but it's a good investment as one can spend an awful lot of money buying books off the internet that end up not suiting the way that you learn best (I've got the two volume set of Business Accounting by Woods and Sangster that I would not have bought had I sat down and read them first. Nothing wrong with them, they just don't work for me).
Also of course, once you've spent a couple of hours in Foyles Oxford street is just around the corner!
talk soon,
Shaun.
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Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
Oops, spent too long on that post so mine and Bills crossed.
My answer assumes gaining a more substantial knowledge for AAT than is actually required for the qualification but will prepare you better for real life.
The Cox and Woods/Robinson texts are excellent books but not up to the level of detail of the suggested study texts (with the exception of the AAT one which is at about the same level).
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Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
I cant remeber the autors name but if you search for a book called 'Brilliant Bookkeeping' you should find it very good, also an idiots guide is pretty good. If you go to a site called 'abebooks.co.uk they sell second hand and new books of all kinds, some for as little as 69p. Good luck.