The second edition includes over 25 percent new and updated information including:
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The ins and outs of financial reports, explained in plain English
Want 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
Lita Epstein, MBA, is a seasoned financial writer who focuses on helping people understand the complex worlds of money and finance. She was a financial manager for a medical clinic and content director for a financial services Web site, MostChoice.com. She also writes for AOL's Blogging Stocks and WalletPop.
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Book Description For Dummies, 2009. Paperback. Book Condition: New. Never used!. Bookseller Inventory # P110470376287
Book Description For Dummies, 2009. Paperback. Book Condition: New. Brand New!. Bookseller Inventory # VIB0470376287
Book Description For Dummies. PAPERBACK. Book Condition: New. 0470376287 New Condition. Bookseller Inventory # NEW7.0177328