Business Managers, Entrepreneurs & Investors will learn to use Financial Statements for:
• Profitability comparison, to help improve performance of businesses and investments
• Liquidity testing, to assess how comfortably a business can maintain operations
• Leverage measurement, which can be used to check risk
• Efficiency benchmarking, to improve internal operations
• Market-based analysis, to decide between alternative investments
“Ratio Analysis Fundamentals” will give the financial statement novice power to add value to business and investments.
The book covers 17 Financial Ratios that can be used for the financial analysis of a business.
Each financial ratio section provides:
• The formula
• A worked example
• Guidance on where to locate the data in the financial statements
• Guidance on how to interpret the result of the ratio analysis calculation
Accounting information is too often seen as a necessary compliance issue, or simply ‘record-keeping’, but with tools like ratio analysis you can look behind the raw numbers and see the ‘story’ of the business; and this is when accounting information turns from ‘record-keeping’ into an indispensable value creator.
If You Want to get more use of financial statements for your business and investments then scroll to the top of the page and Click the Buy Button.
"My mission is to put academic accounting & finance knowledge, through technology, in the hands of businesspeople & investors."
Axel Tracy has been educated in accounting and finance at two of Australia's leading universities: The University of Technology, Sydney (UTS) and The Australian National University.
He is one of the top students at his current university (UTS) and is a member of the invitation-only Golden Key International Honours Society. Axel's GPA for accounting and finance subjects is 3.64 out of 4.
From 2011 till recently he was employed by UTS to run PASS Sessions for the 2nd-year accounting subject Accounting Standards and Regulations. This involved teaching undergraduate accounting students in a subject that has a high failure rate (Axel scored a High Distinction in this particular subject). Accounting Standards and Regulations is a financial accounting subject that involves Australia's current implementation of the International Financial Reporting Standards.
Axel has also been employed by UTS to be a one-on-one tutor in the subject of Accounting for Business Combinations. This is another 2nd-year financial accounting subject involving the accounting treatment of corporate groups, joint-ventures and associates.
His passion for financial markets has led his self-directed study about the 'value investing' philosophy, an investment approach originating from the Columbia Business School in the 1920s. He has also studied trading tactics and systems, however his greatest investment success has come from the former value investing approach.
Axel is happy being a small business operator (and hopes to make this business big) and his first business was launched when he was 25 years old.
Axel currently lives in Sydney, Australia, but hopes to live in many cities in the years to come.
"A little later than many, I found the reason for coming into this world. It was to become an entrepreneur and spread the accounting and finance knowledge that I had learned since 2003.
I greatly enjoy teaching and helping others see the beauty of accounting and finance.
I love accounting and finance...and I want you to feel the same way too!
And if I can't get you to love them, then my eBooks want to help you take those initial steps in your knowledge journey, so you can be armed with techniques and tools that will set you above the pack."
This book is neither for beginner nor for expert. As for understanding terms & Ratios mentioned in the book you must have knowledge of reading balance sheet of a company.
I would say if you can just read & understand what that term mentioned in the balance sheet means then you will understand this book better.
And if your are expert then this book is just a basic & won't give you anything great for advance level.
It is very simple & short read as you will get some idea of calculation of ratios.
Do not expect much out of this book, but according to me more & deeper the knowledge of fundamentals analysis of company more you will become sharp in choosing your right stock.
This book works like a summary of financial analysis course. Its written by an MBA graduate which reminds me of school time 😂 easy to read, focus & practical if you would like to have a quick review of the key ratios. However, if you look for an in-depth guide to evaluation or analysis. This is definitely not the one! The books does not include Cash Flow ratio which I think its a minus point given the importance of it in my opinion. Its more of a 3.5 stars 🙃🙂