Not Your Dad's Accounting: Financial Clarity for the New Generation (Paperback) (ISBN-13: 9798996431700)

Business owners do not care about accounting for its own sake. They care about financial clarity. They care about understanding their numbers, earning profits, improving cash flow, and building wealth for themselves, their families, and their stakeholders.

Most business owners are not thinking about debits and credits, adjusting entries, or closing entries. What they do understand is the burden of traditional accounting. They know the frustration of missing receipts, guessed-at categories, ignored bank feeds, repeated requests for more information, and tax deadlines that seem to arrive before the records are ready.

For a long time, the old way of accounting worked-until it didn't. Or, at the very least, it no longer works well enough for what today's business owners need and deserve from their accounting systems, bookkeepers, and accountants.

This book is about that change. It explains why the traditional approach has fallen short, what business owners actually need instead, and how accounting professionals can better serve the people who depend on them. While bookkeepers and accountants may find this especially relevant to their profession, this book was written first and foremost to help business owners-and to help accounting professionals better help their clients.