Financial reports provide vital information to investors, lenders, and managers. Yet, the financial statements in a financialreport seem to be written in a foreign language that onlyaccountants can understand. This comprehensive version of How toRead a Financial Report breaks through that language barrier, clears away the fog, and offers a plain-English user's guide tofinancial reports. The book features new information on themove toward separate financial and accounting reporting standardsfor private companies, the emergence of websites offering financialinformation, pending changes in the auditor's report language andwhat this means to investors, and requirements for XBRL tagging inreporting to the SEC, among other topics.
Makes it easy to understand what financial reportsreally sayUpdated to include the latest information financial reportingstandards and regulatory changesWritten by an author team with a combined 50-plus years ofexperience in financial accountingThis comprehensive edition includes an ancillary websitecontaining valuable additional resourcesWith this comprehensive version of How to Read a FinancialReport, investors will find everything they need to fullyunderstand the profit, cash flow, and financial condition of anybusiness.