{"product_id":"the-comprehensive-guide-on-how-to-read-a-financial-report-website-wringing-vital-signs-out-of-the-numbers-hardback-9781118735718","title":"The Comprehensive Guide on How to Read a Financial Report, + Website; Wringing Vital Signs Out of the Numbers (Hardback) 9781118735718","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eThe Comprehensive Guide on How to Read a Financial Report, + Website\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eWringing Vital Signs Out of the Numbers\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eJohn A. Tracy (Author), Tage C. Tracy (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781118735718, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 18 March 2014\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e352 pages\u003cbr\u003e17.3 x 25.4 x 3 cm, 0.794 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cb\u003eA comprehensive guide to reading and understanding financial reports\u003c\/b\u003e  \u003cp\u003eFinancial reports provide vital information to investors, lenders, and managers. Yet, the financial statements in a financial report seem to be written in a foreign language that only accountants can understand. This comprehensive version of \u003ci\u003eHow to Read a Financial Report\u003c\/i\u003e breaks through that language barrier, clears away the fog, and offers a plain-English user's guide to financial reports. The book features new information on the move toward separate financial and accounting reporting standards for private companies, the emergence of websites offering financial information, pending changes in the auditor's report language and what this means to investors, and requirements for XBRL tagging in reporting to the SEC, among other topics.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eMakes it easy to understand what financial reports \u003ci\u003ereally\u003c\/i\u003e say\u003c\/li\u003e \u003cli\u003eUpdated to include the latest information financial reporting standards and regulatory changes\u003c\/li\u003e \u003cli\u003eWritten by an author team with a combined 50-plus years of experience in financial accounting\u003c\/li\u003e \u003cli\u003eThis comprehensive edition includes an ancillary website containing valuable additional resources\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eWith this comprehensive version of \u003ci\u003eHow to Read a Financial Report\u003c\/i\u003e, investors will find everything they need to fully understand the profit, cash flow, and financial condition of any business.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eList of Exhibits ix\u003c\/p\u003e \u003cp\u003ePreface xv\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart One—Financial Report Fundamentals\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1 Financial Statement Basics: The Real Meat and Potatoes of Financial Reports 3\u003c\/p\u003e \u003cp\u003e2 Starting with Cash Flows 13\u003c\/p\u003e \u003cp\u003e3 Mastering the Balance Sheet 21\u003c\/p\u003e \u003cp\u003e4 Understanding Profit 31\u003c\/p\u003e \u003cp\u003e5 Profit isn’t Everything and All Things 43\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Two—Working Capital Connections\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e6 Our Case Study—Company Introductions 55\u003c\/p\u003e \u003cp\u003e7 Sales Revenue, Trade Accounts Receivable, and Deferred Revenue 65\u003c\/p\u003e \u003cp\u003e8 Cost(s) of Goods Sold Expense and Inventory 77\u003c\/p\u003e \u003cp\u003e9 Inventory and Accounts Payable 89\u003c\/p\u003e \u003cp\u003e10 Operating Expenses and Accounts Payable 99\u003c\/p\u003e \u003cp\u003e11 Accruing Liabilities for Incurred but Unpaid Expenses 109\u003c\/p\u003e \u003cp\u003e12 Income Tax Expense—A Liability and Asset? 117\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Three—Financial Capital Connections and Cash Flows\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e13 Our Case Study—Company Updates and Assessments 129\u003c\/p\u003e \u003cp\u003e14 Long-Term Assets and Depreciation, Amortization, and Other Expenses 139\u003c\/p\u003e \u003cp\u003e15 Long-Term Liabilities, Interest, and Other Expenses 151\u003c\/p\u003e \u003cp\u003e16 Net Income, Retained Earnings, Equity, and Earnings per Share (EPS) 163\u003c\/p\u003e \u003cp\u003e17 Cash Flow from Operating (Profit-Making) Activities 173\u003c\/p\u003e \u003cp\u003e18 Cash Flows from Investing and Financing Activities 183\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Four—Financial Report Analysis\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e19 Expansion and Contraction Impacts on Cash Flow 195\u003c\/p\u003e \u003cp\u003e20 What is EBITDA and Why is it Important? 211\u003c\/p\u003e \u003cp\u003e21 Financial Statement Footnotes—The Devil’s in the Details 217\u003c\/p\u003e \u003cp\u003e22 Financial Statement Ratios—Calculating and Understanding 229\u003c\/p\u003e \u003cp\u003e23 Profit Analysis for Business Managers 245\u003c\/p\u003e \u003cp\u003e24 Our Case Study and the Moral of the Story—The Good, the Bad, and the Ugly 259\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Five—Financial Report Truthfulness\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e25 Choosing Accounting Methods and Massaging the Numbers 273\u003c\/p\u003e \u003cp\u003e26 Audits of Financial Reports 285\u003c\/p\u003e \u003cp\u003e27 Small Business Financial Reporting 299\u003c\/p\u003e \u003cp\u003e28 Basic Questions, Basic Answers, No BS 309\u003c\/p\u003e \u003cp\u003eAbout the Authors 319\u003c\/p\u003e \u003cp\u003eAbout the Companion Website 321\u003c\/p\u003e \u003cp\u003eIndex 323\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52449366868248,"sku":"9781118735718","price":26.36,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781118735718.jpg?v=1785196876","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/the-comprehensive-guide-on-how-to-read-a-financial-report-website-wringing-vital-signs-out-of-the-numbers-hardback-9781118735718","provider":"Freshly Printed Books","version":"1.0","type":"link"}