This concise and informative guide to the financial statements of
companies has been thoroughly revised and updated for this new
edition. The language of accounting and finance is presented in a
clear and accessible manner. No previous knowledge of accountancy
is assumed and the emphasis is on analysis and interpretation
rather than accounting techniques. Referring throughout to the
financial statements of actual companies, Professor Parker shows
not only how to read a balance sheet but also what investors should
look out for. He explains many important financial and accounting
concepts, and deals with taxation, audit, profitability and return
on investment, liquidity and cash flows, sources of funds and
capital structure.
General
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