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
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: An overview of financial
statements--what they are and what they tell us Easy-to-understand
explanations of profit and loss Statement of cash flows and special
reporting issues How to spot fraudulently misstated financial
statements Quizzes at the end of each chapter to help test your
knowledge
Simple enough for a novice but in-depth enough for a seasoned
investor, "Financial Statements Demystified" will help you
understand the four main financial statements.
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