How to Read a Financial Report
Financial reports provide vital information to investors, lenders, and managers. Yet, the financial statements in a financial report seem to be written in a foreign language that only accountants can understand. This Seventh Edition of How To Read A Financial Report breaks through the language barrier, clears away the fog, and offers a plain-English user's guide to financial reports. The books help you get a sure-handed grip on the profit, cash flow, and financial condition of any business.
Here's what new in the Seventh Edition:
- Discussion of the transition to international accounting and financial reporting standards
- A streamlined centerpiece exhibits used throughout the book to explain connections between the three financial statements
- An integrated section of analyzing profits, cash flow and solvency for investors, lenders, and managers
- Reflection on financial reporting and auditing in the post-Enron era
John A. Tracy