Financial Statements Demystified
This work takes the reader simply and lucidly through the elements of financial statements and ratio analysis and the theories and assumptions upon which accountancy is based. It offers readers the skills they need to understand and to assess financial statements. The keys are its transparent explanation of accounting information and its illuminating use of critical financial ratios. This revised edition has been updated and expanded using the International Accounting Standards. This recognizes the world-wide trend toward common accounting standards.
What people are saying - Write a review
If you know nothing about accounting and want to learn the basics this book will not help you.
I was so frustrated with this book I took a knife to it and removed the de from mystified.
I have continued my accounting studies from other sources.
And I review this book from time to time.
And I don't doubt it has good intentions and technical correctness.
But it still sucks.
What cash flow does not show
Analysing micro businesses
Groups of companies
Notes on selected countries
The bottom line
Foreign currency gains and losses