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Few of the key learnings that the book imparts are as follows: This book shows small business owners the essentials of record-keeping, and why it’s crucial to a business’s success to track financial data. Concepts are explained with basic, straightforward transaction examples. Best Accounting Books: Importance. Few of the major topics covered in this book are as follows: As the book promises on its cover with its title, it offers to impart learnings in simple and layman terms. Wild who is Professor of Business and Vilas Research Scholar at the University of Wisconsin and he got a Ph.D. and got many awards for his teaching. But before we recommend you the book, we should provide some explanation about managerial accounting and why it is important for the company.
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