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Full Description
Business is the language of numbers, but not everyone in businesses understands how to read the myriad of financial statements that are necessary. Author Norb Schwarz provides readers with accessible information to understanding financial statements such as annual reports, cash flow statements, income statements, balance sheets and so much more.
Contents
Introduction
What Are Annual Reports All About?
Overview of the Annual Financial Statement
The Balance Sheet: Overview
The Balance Sheet: Assets
The Balance Sheet: Liabilities and Owners' Equity
The Balance Sheet: Five-Year Comparisons
Income Statement
The Statement: Five-Year Comparisons
The Cash Flow Statement
Financial Ratios and Analysis Tools
Aftermath
The Next Steps
Accounting Terms
Index