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You don`t have to be an accountant says author Thomas Ittelson, but you need to be able to speak the language to know how business scores are kept, and how to interpret financial results. Financial Statements is the perfect guide for every non-financial manager or entrepreneur who needs to know more about the flow of cash and product. Its straightforward, visual style takes the mystery out of the subject. Financial Statements clues you in to specialized vocabulary, and convinces you that it`s not rocket science, but a convenient standardized way to define your enterprise and measure its performance.
By first clarifying how to read the three major financial statements (balance sheet, income statement, and cash flow) Ittelson lays the groundwork for his unique approach. He then sets up a hypothetical company and follows its transactions from startup through the end of the first year, illustrating clearly the financial reporting process for each transaction. The simplicity and unique visual approach of the presentation give you the confidence to understand financial data and use them intelligently to make the right business and management decisions.
ISBN - 9788122417210
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Pages : 240
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