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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Financial Statements, Third Edition Lib/E: A Step-By-Step Guide to Understanding and Creating Financial Reports

Financial Statements, Third Edition Lib/E: A Step-By-Step Guide to Understanding and Creating Financial Reports

Audio Book

AccountingInvesting & Finance

Currently unavailable to order

ISBN13: 9798200576784
Publisher: Gildan Media Corporation
Published: Apr 1 2020
Weight: 0.45
Height: 0.71 Width: 6.14 Depth: 6.69
Language: English
Thomas R. Ittelson is an expert at translating complicated financial topics in an accessible way for non-financial audiences. In this book, he empowers listeners by clearly and simply demonstrating how the three major accounting statements interact to offer a snapshot of a company's financial health. This book teaches listeners how to use specialized accounting vocabulary and makes accessible the structure and purpose of the three major numeric statements that describe a company's financial condition. Each statement paints a different and essential picture--the three-legged stool of company reporting: The income statement shows the manufacturing and selling actions of the company that result in profit or loss during a period. It gives a very important perspective on the company's performance, its profitability. The cash flow statement details cash into and out of the company for a period. You need money to make money. Running out of cash is bad. Duh. The balance sheet records at the end of a period, an instant in time, what the company owns and what it owes, including the owners' stake, called shareholders' equity. With two new major topic sections, this third edition of Financial Statements is simply the clearest and most comprehensive introduction to financial reporting available. No accounting background is required.

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