Learning how to read financial statements can be a very intimidating process especially for beginners. Yet they are probably one of the most important things to learn in order to understand business and investing, and even more so when you're starting out.
This book covers a number of topics including why financial statements exist and goes into the details of the three basic financial statements, along with plenty of examples, in a fun and friendly way:
* Why financial statements exist and where they come from
* What the three main financial statements actually tell you
* The single most important thing to get your head around: Cash vs Accrual Accounting.
* Income Statement or P&L: learn how companies report profits and losses
* Understand why not be able to read a Balance Sheet can harm your investment career
* Learn why cashflow is the lifeblood of any organisation
* Additional free and unique online content accompanying the book
The book is designed for beginners and to make it easier for you to grab all the concepts without feeling the need to become an accountant.