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Your comments throughout the thread are insightful & actionable. Yet, I will say that accountingcoach.com is the online resource that provides reliable and clea
by wutangson1 5y ago
Your comments throughout the thread are insightful & actionable. Yet, I will say that accountingcoach.com is the online resource that provides reliable and clear definitions & explanations for accounting terms. At least in the US when trying to figure out what is required of US GAAP, for example, accountingcoach.com provides clear definitions to differentiate between direct costs, manufacturing overhead, operating expenses, and inventoriable costs in general. This is in contrast to a lot of other online sources- including articles written by CPAs or accountancy websites!- where the writing is either too tortured to learn from or outright wrong!
- rahimnathwani 5y agoThanks for this perspective. It's helpful to hear from someone who has used the site for more than 5 mins :) From what you've written, it sounds like a good/great reference resource for specific topics, once you already know the basics/fundamentals. But, based on a 5 min look at the first two pieces of content in the 'accounting basics' section, I didn't think it would be good for someone who wants to learn accounting from zero. Of course, I may be wrong, as I sampled less than 1% of the content.