John A.Tracy – How to Read a Financial Report (5th Ed.)

5E-Lurking somewhere amidst all the figures in a financial report is important information about where a company has been and where it is headed. The number of columns and rows doesn’t add up to a hill of beans without a guide. Thousands of professionals and savvy individuals have referred to this bestselling resource that shows anyone how to make sense of all those numbers. New information on tax reform, depreciation methods, and fraudulent reporting are included in this edition. The exhibits have been made easier to follow. If you would like to have a minimal understanding of the numbers that make up a balance sheet, income, and cash flow statement, then How to Read a Financial Report might be just what you are looking for. The Wall Street Journal said that Mr. Tracy’s book explains in plain English the meaning of the major terms used in financial statements. She needs to know her way around a financial statement to be an effective investor. The book will help you develop that skill. It is the clearest presentation of many accounting concepts that I have seen.