How to read a financial report : wringing vital signs out of the numbers

Summary: "If you're someone who works with financial reports or needs to understand them - but have neither the time nor the need for an indepth knowledge of accounting - this book will help you cut through the maze of accounting information to find out what those numbers really mean. It steers you quickly and painlessly through the basic accounting concepts and line-by-line explanations of the basic financial statement. Complete with a visual guide that leads you through the intricacies of financial reporting, How to Read a Financial Report shows you how the three essential parts of every financial report - the balance sheet, the income statement, and the cash flow statement - fit together and what it all means to you and your company."--Jacket.

Record details

ISBN: 0471329355
ISBN: 9780471329350
ISBN: 0471327069
ISBN: 9780471327066
Physical Description: print
184 pages : illustrations ; 18 &#x00D7; 26 cm
184 pages : illustrations ; 18 x 26 cm
Edition: 5th ed.
Publisher: New York : Wiley, ©1999.

Content descriptions

General Note:

Includes index.

Formatted Contents Note:

Starting with Cash Flows -- Introducing the Balance Sheet and Income Statement -- Profit Isn't Everything -- Sales Revenue and Accounts Receivable -- Cost of Goods Sold Expense and Inventory -- Inventory and Accounts Payable -- Operating Expenses and Accounts Payable -- Operating Expenses and Prepaid Expenses -- Fixed Assets, Depreciation Expense, and Accumulated Depreciation -- Accruing Unpaid Operating Expenses and Interest Expense -- Income Tax Expense and Income Tax Payable -- Net Income and Retained Earnings; Earnings Per Share (EPS) -- Cash Flow from Profit -- Cash Flows from Investing and Financing Activities -- Growth, Decline, and Cash Flow -- Footnotes--The Fine Print in Financial Reports -- The Cost of Credibility--Audits by CPAs -- Accounting Methods and Quality of Earnings -- Making and Changing the Rules -- Cost of Goods Sold Conundrum -- Depreciation Dilemmas -- Ratios for Creditors and Investors -- A Look Inside Management Accounting -- A Few Parting Comments.