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Product Description
Reading Financial Reports For Dummies (9780470376287): Lita Epstein: Books. The ins and outs of financial reports, explained in plain EnglishWant to make sense of financial reports? This easy-to-follow guide gives you a set of tools to understand these complicated statements, helping you read between the lines to determine a company's true financial health. You'll make informed decisions about investing, spot possible problems, and use these reports to manage your own department or company for success. Get down to reporting basics — recognize different business types and how their structure affects the books, and grasp the accounting method underlying it all Analyze the annual report — make sense of the balance sheet, income and cash flow statements, and the notes while spotting red flags Know your numbers — keep an eye on whether a company is making a profit or suffering a loss Understand how companies optimize operations — use reports to measure how efficiently management is using its resources Meet the financial watchdogs — from auditors to analysts, see who certifies report accuracy and how recent scandals have changed the rules Practice makes perfect — put your skills to the test by dissecting the annual reports of two similar companies throughout the book Open the book and find: The accounting basics necessary to understand financial reports New information on reporting standards for private/small versus public/large businesses Updates surrounding the 2007 law on international financial reporting standards The impact of corporate communications and new technologies New real-world examples that reflect current trends Updated Web sites and resources Tips for spotting the fluff in financial reports
Shipping Weight: 2 pounds
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