Accounting Insight

Time Tracer Limited
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Accounting Insight - A Practical Accounting Tutorial Book That Uses Real World Accounting Documents

"Accounting Insight" uses the every day records (the sales invoices, purchase invoices, bank cheque and paying-in books e.t.c.) of a sample business case to guide you through the preparation of accounts. It is a fact that these everyday records account for the majority (over 90%) of the accounting transactions of the average business . So by using the knowledge in this book you can do a lot of the bookkeeping/accounting for a business. In addition, the sample sales invoices in the e-book can be used to practice using the free trial accounting software from companies like Intuit Inc or Sage.

Benefits of the Accounting Insight book

-Acquire a clear understanding of the cornerstone of all accounting/book-keeping through practice thus aiding ones business or accounting career. 

-Learn how to keep business accounting records for life.

-Learn at your own pace without the distractions and stresses of the work place.

-Understand the double entry concept of accounting the easy way.

A Memorable Learning Experience

Learning by doing and using colorful samples makes this course a practical, memorable and stimulating acquisition of essential knowledge for business people, accountancy trainees and anyone who needs or wants to understand accounting and accounts in their profession or work. With no external pressure you can learn accounting at your own pace and in your own time - an excellent way to learn. All without the stress of the work place.

The language used in the book is mainly non-technical and so anyone can gain a useful insight into accounting easily. Any technical terms are introduced from their ordinary origins, thus making the book suitable for non-accounts staff and managers who need to understand accounting as part of their work. 

This accounting book is excellent as training material on its own, for use in practical accounting courses, accountancy courses or bookkeeping courses and as practice material for training staff on how to use new accounting software


So if you are looking for accounting courses, accounting books or accounting software you have found a useful starting point. 

Exercise Sheets

Exercise sheets to practice with the book are available free at

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About the author

I have been a member of the Association of Chartered Certified Accountants (ACCA) since 1999 and have worked in numerous public practice firms in London, England since 1995. This has not only brought me in to contact with many different types of accounting information systems (manual to computerized) but also provided me with a rich insight into what business people need in terms of accounting information and accounting systems.


While working in the accountancy field, I have come across many cases where accountancy packages are not used properly. This is can be attributed to a lack of understanding of the basics of accounting and also of the whole financial picture that the process of accounting is trying to paint. This book is therefore a useful refresher on where all the accounting software packages started from and how in fact they do not change the basics of accounting but are intended to make accounting life easier. I believe that this benefit can be seen and felt clearly when you work at producing accounts manually and have a good idea of whole financial picture one is attempting to achieve.

I offer training to clients and accounting staff on how to use the Quickbooks® accounting package. (Quickbooks® is a trade mark of Intuit Inc.) and the Sage Line 50 accounting package (Sage® is a trade mark of Sage Plc.). I have a keen interest in information technology and to this end obtained a City & Guilds Certificate in C coding. 

I am a director of Time Tracer Limited whose mission is to produce accounting software solutions, accounting services, training and advice for business.

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Additional Information

Time Tracer Limited
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Published on
Jun 22, 2004
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Best For
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Business & Economics / Accounting / General
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Content Protection
This content is DRM protected.
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Eligible for Family Library

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"Fantastic Learning Tool...Don't let this book title fool you. It is not an oversimplification of accounting and financial principles. It is, however, a serious and very effective examination of a very small but progressively complex business. There are not many books available on the market that make a complex and dry subject understandable and even fun. This book successfully does just that."
-Amazon Reviewer

The Clearest Explanation Ever of the Key Accounting Basics

The world of accounting can be intimidating. Whether you're a manager, business owner or aspiring entrepreneur, you've likely found yourself needing to know basic accounting...but baffled by complicated accounting books. What if learning accounting could be as simple and fun as running a child's lemonade stand? It can.

The Accounting Game presents financial information in a format so simple and so unlike a common accounting textbook, you may forget you're learning key skills that will help you get ahead! Using the world of a child's lemonade stand to teach the basics of managing your finances, this book makes a dry subject fun and understandable. As you run your stand, you'll begin to understand and apply financial terms and concepts like assets, liabilities, earnings, inventory and notes payable, plus:

--Interactive format gives you hands-on experience
--Color-coded charts and worksheets help you remember key terms
--Step-by-step process takes you from novice to expert with ease
--Fun story format speeds retention of essential concepts
--Designed to apply what you learn to the real world

The revolutionary approach of The Accounting Game takes the difficult subjects of accounting and business finance and makes them something you can easily learn, understand, remember and use!

"The game approach makes the subject matter most understandable. I highly recommend it to anyone frightened by either numbers or accountants."
-John Hernandis, Director of Corporate Communications, American Greetings
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