The pocket-sized guide to financial statements.
Financial statements can be challenging to navigate, but they don't have to be. This beginner's guide demystifies the three primary financial statements, making complex financial concepts accessible to everyone.
Understand the purpose of financial statements
Know the important rules in accounting standards
Learn the balance sheet, income statement, and cash flow statement through real world examples
Analyze the numbers on financial statements using financial ratios
Evaluate the profit margins, liquidity, and solvency of real companies
This guide translates the complicated jargon of quarterly and annual reports into clear, straightforward language. Whether you're a prospective investor, accountant, student, or simply curious, this book is the ideal guide for you.