The Guide to Understanding Financial Statements

There''s no mystery to understanding company financial statements Even if you have no financial or accounting background you can read those intimidating-looking financial statements as easily as A-B-C. The second edition of The Guide to Understanding Financial Statements by S.B. Costales and Geza Szurovy makes all the numbers and jargon absolutely clear. In seconds you''ll spot a company''s strengths and weaknesses see how its performance measures up and have a solid basis for judging future prospects. The material is so easy to grasp you''ll know it all on first reading Discover: what a balance sheet really reveals; the true significance of a profit and loss statement; what the six most important financial ratios are and what each can tell you; how to tell when the numbers are favorable or not; how to spot fraud; how to discover whether the stated value of certain asests is true; much more.