Financial Statements: A Step-by-Step Guide to Understanding and Creating Financial Reports PDF Download Ebook. Thomas R. Ittelson presents good introduction to financial accounting for non-financial managers, inventory-market buyers, undergraduate business and MBA students, lawyers, lenders, entrepreneurs, and more.
Most introductory finance and accounting books fail because they are written "by accountants for accountants" or the authors "dumb down" the ideas until they are nearly useless. This book deftly exhibits that each one this accounting and financial-reporting stuff shouldn't be rocket science and you can perceive it! It will give you that firm grasp of "the numbers" necessary for business success.
Author empowers non-financial managers by clearly and simply demonstrating how the stability sheet, earnings statement and cash flow assertion work collectively to offer a "snapshot" of any company's financial health. Every term is outlined in simple, understandable language. Every idea is explained with a basic, simple transaction example.
And with the book's uniquely visual method, you can see exactly how every transaction affects the three key financial statement of the enterprise. Two new major sections with nine new chapters have been added to this book, simply the clearest and most comprehensive introduction to financial reporting available.
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