A well written and easily understandable introduction to financial reports and the system it is a part of in order to grease the wheels of finance. The authors especially do a good job in highlighting the intercomnectedness between the income statement, the balance sheet and the cashflow statement as well as to the limitations of financial reports. However, the part on CPA’s and questions in the end could have been shortened and left out.
I recommend it to anyone interested in starting to learn about financial statements and who do have a desire to master the fundamentals.
Financial statements are important when it comes to making calculated decisions on what to invest in. This book should be introduced to kids in school.