Screen LibraryThe comprehensive guide on how to read a financial report : wringing vital signs out of the numbers /
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 comprehensive version of How to Read a Financial Report breaks through that languag...
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| Main Authors: | |
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| Group Author: | |
| Published: |
John Wiley & Sons, Inc.,
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| Publisher Address: | Hoboken, New Jersey : |
| Publication Dates: | [2014] |
| Literature type: | Book |
| Language: | English |
| Subjects: | |
| Summary: |
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 comprehensive version of How to Read a Financial Report breaks through that language barrier, clears away the fog, and offers a plain-English user's guide to financial reports. The book features new information on the move toward separate financial and accounting reporting standards for private companies, the emergence of websites offering financial information, pending changes in the auditor's report language and what this means to investors, and requirements for XBRL tagging in reporting to the SEC, among other topics. Makes it easy to understand what financial reports really say. Updated to include the latest information financial reporting standards and regulatory changes written by an author team with a combined 50-plus years of experience in financial accounting. This comprehensive edition includes an ancillary website containing valuable additional resources. With this comprehensive version of How to Read a Financial Report, investors will find everything they need to fully understand the profit, cash flow, and financial condition of any business. |
| Item Description: | Includes index. |
| Carrier Form: | xvii, 330 pages : illustrations ; 18 x 26 m |
| ISBN: |
9781118735718 1118735714 |
| Index Number: | HF5681 |
| CLC: | F231.5 |
| Call Number: | F231.5/T761 |
| Contents: | Part One -- Financial Report Fundamentals -- 1 Financial Statement Basics: The Real Meat and Potatoes of Financial Reports -- 2 Starting with Cash Flows -- 3 Mastering the Balance Sheet -- 4 Understanding Profit -- 5 Profit Isn't Everything and All Things -- Part Two -- Working Capital Connections -- 6 Our Case Study -- Company Introductions -- 7 Sales Revenue, Trade Accounts Receivable, and Deferred Revenue -- 8 Cost(s) of Goods Sold Expense and Inventory -- 9 Inventory and Accounts Payable -- 10 Operating Expenses and Accounts Payable -- 11 Accruing Liabilities for Incurred but Unpaid Expenses -- 12 Income Tax Expense -- A Liability and Asset? -- Part Three -- Financial Capital Connections and Cash Flows -- 13 Our Case Study -- Company Updates and Assessments -- 14 Long-Term Assets and Depreciation, Amortization, and Other Expenses -- 15 Long-Term Liabilities, Interest, and Other Expenses -- 16 Net Income, Retained Earnings, Equity, and Earnings per Share (EPS) -- 17 Cash Flow from Operating (Profi t-Making) Activities -- 18 Cash Flows from Investing and Financing Activities -- Part Four -- Financial Report Analysis -- 19 Expansion and Contraction Impacts on Cash Flow -- 20 What Is EBITDA and Why Is It Important? -- 21 Financial Statement Footnotes -- The Devil's in the Details -- 22 Financial Statement Ratios -- Calculating and Understanding -- 23 Profit Analysis for Business Managers -- 24 Our Case Study and the Moral of the Story -- The Good, the Bad, and the Ugly -- Part Five -- Financial Report Truthfulness -- 25 Choosing Accounting Methods and Massaging the Numbers -- 26 Audits of Financial Reports -- 27 Small Business Financial Reporting -- 28 Basic Questions, Basic Answers, No BS. |