A Study in Statements

The pocket-sized guide to financial statements. Financial statements can be challenging to navigate, but they don't have to be. This beginner's guide demystifies the three primary financial statements, making complex financial concepts accessible to everyone. Understand the purpose of financial statementsKnow the important rules in accounting standards Learn the balance sheet, income statement, and cash flow statement through real world examplesAnalyze the numbers on financial statements using financial ratiosEvaluate the profit margins, liquidity, and solvency of real companiesThis guide translates the complicated jargon of quarterly and annual reports into clear, straightforward language. Whether you're a prospective investor, accountant, student, or simply curious, this book is the ideal guide for you.