Book Review: Mastering Bookkeeping by Dr Peter Marshall

When you look at “Mastering Bookkeeping” it is difficult to come up with any other thought than this is a textbook, but don’t let that put you off. From what I have gleaned about these pages, this is a genuine attempt to be a complete guide to teaching students how to be skilled in the art of bookkeeping.Within this book which is an accredited textbook of the Institute of Certified Bookkeepers, there are two distinct halves. The first half is the practical teaching – showing the document flow between two businesses that trade together, how and why double entry bookkeeping is done and dealing with such things as bad debt, reconciliation and compiling revenue accounts. This is not the end of the guidance that this book provides, but there are too many sections to describe here. I am a novice when it comes to issues of finance, and I would be confident in this book providing the answers that I need in order to keep the books balanced in any business I was running.

The second, just as valuable section is towards the end of the book. This section is simply a selection of examination papers with sample model answers for the ICB (Institute of Certified Bookkeepers), IAB (International Association of Book-keepers) as well as for OCR (Oxford Cambridge and RSA Examinations UK awarding body) providing GCSE’s and AAT (Association of Accounting Technicians) National Vocational Qualifications.

Overall this is a book that needs to be on your shelf if you are serious about becoming qualified in bookkeeping. Even if this is something that you’re not interested in, this book will be essential to your business before very long.

Total Marks: 5/5

Book Title: Mastering Bookkeeping by Dr Peter Marshall

Reviewed by: Will Roney

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