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

  • Publish Date: 1993-10-13
  • Binding: Paperback
  • Author: John A. Tracy
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Hidden somewhere among all the numbers in a financial report is vitally important information about where a company has been and where it is going. This Fourth Edition is designed to help anyone who works with financial reportsbut has neither the time nor the need for an in-depth knowledge of accountingcut through the maze of accounting information to find out what those numbers really mean. In this edition an entirely new and carefully designed exhibit is used to visually illustrate the connecting links among the three key statements in a financial report (the balance sheet, the income statement and the cash flow statement). This center-piece exhibitused throughout the textincludes a two-year comparative balance sheet to explain the cash flow statement much more effectively. Also features a new chapter on the making and changing of financial reporting rules and updated information on new legislation.