Understanding Company Financial Statements

Front Cover
R H Parker
Penguin UK, Oct 4, 2007 - Business & Economics - 160 pages

This concise and informative guide to the financial statements of companies has been thoroughly revised and updated for this new edition.

The language of accounting and finance is presented in a clear and accessible manner. No previous knowledge of accountancy is assumed and the emphasis is on analysis and interpretation rather than accounting techniques. Referring throughout to the financial statements of actual companies, Professor Parker shows not only how to read a balance sheet but also what investors should look out for. He explains many important financial and accounting concepts, and deals with taxation, audit, profitability and return on investment, liquidity and cash flows, sources of funds and capital structure.


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Preface to the Sixth Edition
1 Companies and Their Reports
2 The Financial Statements
3 Taxation and Audit
4 Accounting Regulation and Accounting Concepts
5 Tools of Analysis and Useful Websites
6 Profitability Return on Investment and Value Added
7 Liquidity and Cash Flows
8 Sources of Funds and Capital Structure
9 Summary and Reading Guide
Appendix A
Appendix B

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About the author (2007)

Professor R H Parker is Professor of Accounting at the University of Exeter. He is the author of numerous books and articles on accounting, and is the former Accounting and Business Research, published by the Chartered Accountants of England and Wales.

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