The Comprehensive Guide on How to Read a Financial Report, + Website: Wringing Vital Signs Out of the Numbers

by John A. Tracy, Tage Tracy

A comprehensive guide to reading and understanding financial reportsFinancial reports provide vital information to investors, lenders, and managers. Yet, the financial statements in a financial report seem to be written in a foreign language that only accountants can understand. This comprehensive version of "How to Read a Financial Report" breaks through that language barrier, clears away the fog, and offers a plain-English user's guide to financial reports. The book features new information on the move toward separate financial and accounting reporting standards for private companies, the emergence of websites offering financial information, pending changes in the auditor's report language and what this means to investors, and requirements for XBRL tagging in reporting to the SEC, among other topics.Makes it easy to understand what financial reports "really" sayUpdated to include the latest information financial reporting standards and regulatory changesWritten by an author team with a combined 50-plus years of experience in financial accountingThis comprehensive edition includes an ancillary website containing valuable additional resources

With this comprehensive version of "How to Read a Financial Report," investors will find everything they need to fully understand the profit, cash flow, and financial condition of any business.

Genres: Finance, Accounting

352 pages, Hardcover

First published January 1, 2014

Reviews

[Suzan Pandey · Rating 5 out of 5]

It gives insights understanding of financial statements and most importantly it gives understanding for analysis of financial statements and to make decision.

[Vishu · Rating 5 out of 5]

Excellent read. An essential read to finance graduates.

[James Mahoney · Rating 5 out of 5]

Should have had this in uni. 5 stars as it is exactly what it says it is and is written well for all levels of accounting experience