How to Read a Financial Report: Wringing Cash Flow and Other Vital Signs Out of the Numbers

Tracy, John A.

ISBN 10: 0471507466 / ISBN 13: 9780471507468

Published by Wiley, 1989

About this Item

Item in acceptable condition! Textbooks may not include supplemental items i.e. CDs, access codes etc.

Seller Inventory # 00081388170

Bibliographic Details

• Title: How to Read a Financial Report: Wringing Cash Flow and Other Vital Signs Out of the Numbers
• Publisher: Wiley
• Publication Date: 1989
• Language: English
• ISBN 10: 0471507466
• ISBN 13: 9780471507468
• Binding: Soft cover
• Edition: 3rd Edition
• Condition: Acceptable

About this title

Synopsis

This updated and revised edition of the best-selling guide shows how to interpret the numbers (and read between the lines) of a financial report. Explains how to cut through the maze of numbers and distill the tangible implications for managing and investing in business. The Third Edition covers changes in the tax laws and depreciation rates and the latest FAS pronouncements on cash flow statements and features an updated treatment of the auditor's standard report. Includes more information on spreadsheets, references, and examples, plus 100 diagrams and charts.

From the Back Cover

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