By Bonita Kramer
(Author), Christie Johnson (Author)
Size 1.5 MB
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 statements:
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 covers:
ü An
overview of financial statements--what they are and what they tell us
ü Easy-to-understand
explanations of profit and loss
ü Statement
of cash flows and special reporting issues
ü How
to spot fraudulently misstated financial statements
ü Quizzes
at the end of each chapter to help test your knowledge
üSimple enough for a
novice but in-depth enough for a seasoned investor, Financial StatementsDemystified will help you understand the four main financial statements.
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