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Financial Statements Demystified: A Self-Teaching Guide
QUESTIONS about STATEMENTS? Find All the Answers Here!
Are you considering buying a small business? Do you want to invest in a Fortune 500 company? Are you trying to sell your own business? Balance sheets and income statements are essential to helping you make informed decisions regarding important business transactions. But unless you're an accountant, these documents can be intimidating hodgepodges of columns, rows, and numbers. Don't fret. Financial Statements Demystified is just the tool you need.
Devoid of confusing business jargon, this engaging and easy-to-follow guide defines basic financial statement terminology and explains the components of the four most common financial Income Statement, Balance Sheet, Statement of Stockholders' Equity, and Statement of Cash Flows. You will learn how to read, interpret, and use pivotal data from these sources--each of which will help you make accurate financial decisions without having to go back to school.
This confusion-busting guide
An overview of financial statements--what they are and what they tell usEasy-to-understand explanations of profit and lossStatement of cash flows and special reporting issuesHow to spot fraudulently misstated financial statementsQuizzes at the end of each chapter to help test your knowledgeSimple enough for a novice but in-depth enough for a seasoned investor, Financial Statements Demystified will help you understand the four main financial statements.
Are you considering buying a small business? Do you want to invest in a Fortune 500 company? Are you trying to sell your own business? Balance sheets and income statements are essential to helping you make informed decisions regarding important business transactions. But unless you're an accountant, these documents can be intimidating hodgepodges of columns, rows, and numbers. Don't fret. Financial Statements Demystified is just the tool you need.
Devoid of confusing business jargon, this engaging and easy-to-follow guide defines basic financial statement terminology and explains the components of the four most common financial Income Statement, Balance Sheet, Statement of Stockholders' Equity, and Statement of Cash Flows. You will learn how to read, interpret, and use pivotal data from these sources--each of which will help you make accurate financial decisions without having to go back to school.
This confusion-busting guide
An overview of financial statements--what they are and what they tell usEasy-to-understand explanations of profit and lossStatement of cash flows and special reporting issuesHow to spot fraudulently misstated financial statementsQuizzes at the end of each chapter to help test your knowledgeSimple enough for a novice but in-depth enough for a seasoned investor, Financial Statements Demystified will help you understand the four main financial statements.
427 pages, Kindle Edition
First published February 6, 2009
24 people are currently reading
41 people want to read
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Displaying 1 of 1 review
January 31, 2022
The book covers widely all aspects regarding interpreting of complex financial statements. It also includes sections specifically on areas that are often not included in textbooks, such as which areas do fraud usually occurred, in percentages.
The book allows me as a project manager and business analyst to understand financial health of companies when I evaluate vendors. It also allows me to prepare financial reports regarding my projects when the needs arise.
The book contains practise questions at the end of chapter to test your understanding of the chapter, and an exam test session containing 100 quizzes at the end of the book to test your grasp of the whole subject.
As a reader will go back and forth when using the book to relate the various sub-topics; and to find the reasoning of the answers to the quizzes, readers should be ready to consume more between 10 to 30 hours to complete their studies of the subject.
On the flip side, the book suffers the same weakness as most other e-books i.e. it is difficult to discern where the section that you are currently reading are in, in the book. It is difficult to be aware if a heading is a subheading of another, or a new heading altogether as the difference in font or its size is hard to notice.
The book allows me as a project manager and business analyst to understand financial health of companies when I evaluate vendors. It also allows me to prepare financial reports regarding my projects when the needs arise.
The book contains practise questions at the end of chapter to test your understanding of the chapter, and an exam test session containing 100 quizzes at the end of the book to test your grasp of the whole subject.
As a reader will go back and forth when using the book to relate the various sub-topics; and to find the reasoning of the answers to the quizzes, readers should be ready to consume more between 10 to 30 hours to complete their studies of the subject.
On the flip side, the book suffers the same weakness as most other e-books i.e. it is difficult to discern where the section that you are currently reading are in, in the book. It is difficult to be aware if a heading is a subheading of another, or a new heading altogether as the difference in font or its size is hard to notice.
Displaying 1 of 1 review