How to Read a Financial Report: Wringing Vital Signs Out of the Numbers

by JohnA.TracyCPA (Author)

• Used

  Paperback
  2009

  $8.80

  A valuable resource for translating financial reports into real, meaningful information for investors Financial reports provide vital information to investors, lenders, and managers. Yet the statements in a financial report seem to be written in a foreign language that only other accountants can understand. This Seventh Edition of the bestselling 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. It helps readers get a sure-handed grip on the profit, cash flow, and financial condition of any business. New information found in this updated edition include: discussions of the transition to international accounting and financial reporting standards; reflections on financial reporting and auditing in the post-Enron era; detailed illustrations that explain connections between the three financial statements; and much more. John A. Tracy, CPA (Boulder, CO), is an award-winning Professor of Accounting, Emeritus, at the University of Colorado at Boulder. His other books include The Fast Forward MBA in Finance, Second Edition (978-0-471-20285-1), Accounting for Dummies, Fourth Edition (978-0-470-24600-9), and Accounting Workbook for Dummies (978-0-471-79145-4). Tracy has also served on the board of directors of a bank, and has taught executive development programs.

• Used

  Paperback
  1999

  $4.99

  5E-Lurking somewhere amidst all the figures in a financial report is vitally important information about where a company has been and where it is headed. But without a guide to isolate and interpret those numbers, the dizzying array of columns and rows doesn't add up to a hill of beans. That's why thousands of professionals and savvy individuals have referred to this bestselling resource that shows anyone how to make sense of all those numbers. Updated throughout, this edition features new information on tax reform, depreciation methods, spotting fraudulent reporting, and recent FASB rulings. Also, all exhibits have been made easier to follow. If you would like to have a minimal understanding of the numbers that make up a balance sheet, income, and cash flow statement ...then How to Read a Financial Report might be just what you are looking for. Mr. Tracy's book explains in plain English the meaning of the major terms used in financial statements. --The Wall Street Journal What distinguishes Tracy's efforts from other manuals is an innovative structure that visually ties together elements of the balance sheet and income statement by tracing where and how a line item in one affects an entry in another. --Inc. magazine An excellent job of showing how to separate the wheat from the chaff without choking in the process. --Miami Herald A wonderful book--organized logically and written clearly. For a Fool to be an effective investor, she has to know her way around a financial statement. This book will help you develop that skill. It's the clearest presentation of many accounting concepts that this Fool has seen. --Selena Maranjian, The Motley Fool