Your personal roadmap to becoming fluent in financial reportsAt first glance, the data in financial reports might seem confusing or overwhelming. But, with the right guide at your side, you can learn to translate even the thickest and most complex financial reports into plain English.In
Reading Financial Reports For Dummies, you'll move step-by-step through each phase of interpreting and understanding the data in a financial report, learning the key accounting and business fundamentals as you go. The book includes clear explanations of basic and advanced topics in finance, from the difference between private and public companies to cash flow analysis.In this book, you'll also find:* Full coverage of how to analyze annual reports, including their balance sheets, income statements, statements of cash flow, and consolidated statements* Real-world case studies and financial statement examples from companies like Mattel and Hasbro* Strategies for analyzing financial reports to reveal opportunities for operations optimization
Reading Financial Reports For Dummies is a can't-miss resource for early-career investors, traders, brokers, and business leaders looking to improve their financial literacy with a reliable, accurate, and easy-to-follow financial handbook.
Reading Financial Reports For Dummies
Introduction 1Part 1: Getting Started with Financial Reports 5Chapter 1: Opening the Cornucopia of Reports 7Chapter 2: Recognizing Business Types and Their Tax Rules 19Chapter 3: Public or Private: How Company Structure Affects the Books 27Chapter 4: Digging into Accounting Basics 45Part 2: The Big Show: Annual Reports 63Chapter 5: Exploring the Anatomy of an Annual Report 65Chapter 6: Balancing Assets against Liabilities and Equity 79Chapter 7: Using the Income Statement 95Chapter 8: The Statement of Cash Flows 111Chapter 9: Scouring the Notes to the Financial Statements 123Chapter 10: Considering Consolidated Financial Statements 141Part 3: Analyzing the Numbers 155Chapter 11: Testing the Profits and Market Value 157Chapter 12: Looking at Liquidity 175Chapter 13: Making Sure the Company Has Cash to Carry On 187Part 4: How Companies Optimize Operations 199Chapter 14: Turning Up Clues in Turnover and Assets 201Chapter 15: Examining Cash Inflow and Outflow 213Chapter 16: How Companies Keep the Cash Flowing 223Part 5: The Many Ways Companies Answer to Others 231Chapter 17: How Companies Find Errors: The Auditing Process 233Chapter 18: Government Regulations and Reporting Requirements 243Chapter 19: Creating a Global Financial Reporting Standard 255Chapter 20: Understanding the Analyst-Corporation Connection 265Chapter 21: How Companies Communicate with Shareholders 277Chapter 22: Keeping Score When Companies Play Games with Numbers 291Part 6: The Part of Tens 315Chapter 23: Ten Financial Scandals That Rocked the World 317Chapter 24: Ten Signs That a Company's in Trouble 327Glossary 333Index 341