This is a revised and updated edition serving as a guide to understanding financial reporting and corporate cash flow. It discusses the key relationships financial report users need to understand in managing, lending to, and investing in business. It also shows how to cut through a maze of numbers in order to understand these reports. A standard graphic model is used throughout the text and self testing review questions and answers are included at the end of chapters.
This guide will give you the tools you need to test profitability, liquidity, and cash flow.
The purpose of this book is to help readers understand the basics of understanding financial statements.
" The Miami Herald "A wonderful book organized logically and written clearly. For a Fool to be an effective investor, she has to know her way around a financial statement. This book will help you develop that skill.
Lurking somewhere amidst all the figures in a financial report is vitally important information about where a company has been and where it is headed. But without a guide to...
This guide will give you the tools you need to test profitability, liquidity, and cash flow.
This volume is an exact text replica of the first edition of The Interpretation of Financial Statements, published by Harper & Brothers in 1937.
And what in the world do some of those terms mean and how do you use them? With the guidance in this book, if you can read a nutrition label or a baseball box score, you can learn to read basic financial statements.
The Interpretation of Financial Statements
This updated edition advises investors on how to cut through the public relations jargon, focus on the annual report’s important facts and figures, and use that information to assess a company’s financial health.
Inspired by the seminal work of Buffett's mentor, Benjamin Graham, this book presents Buffett's interpretation of financial statements with anecdotes and quotes from the master investor himself.