Hello and welcome to the Accounts Demystified website.


This website is principally intended for people who already have the book. If you’re not one of those and are wondering if this book is for you, have a look at About the book and Testimonials.


If you have the sixth edition of the book (see image below), then please click here to go to the website dedicated to that edition.


Front cover 6th edition (300 dpi)



If you have the latest (seventh) edition of the book, here’s a summary of what you will find on this website...


  • Chapter two of the book sets out 17 transactions that show how a balance sheet is  constructed. If you go to SBL transactions, you can watch an interactive presentation of the transactions being entered onto SBL’s balance sheet. To see all 17 transactions summarised in a single table, click here.



  • Chapters six to ten are about the imaginary company, Wingate Foods. It will be a lot easier if you have a copy of Wingate’s accounts to hand so you don’t have to keep referring to the back of the book. To print out the accounts, go to Wingate annual report.


  • Wingate 5 yr financials is a spreadsheet with the P&L, balance sheet and cash flow statements and all the ratios for five years.



Under Other resources, I plan to put some other things that you might find useful in furthering your understanding of accounting. Hopefully, I will get to this eventually.


Do let me know if there’s anything else I could put on here that would help. Equally, if you have any feedback on the book or this website, please don’t hesitate : Contact me


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Copyright Anthony Rice 2007 - 2015