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The purpose of this book is to help readers understand the basics of understanding financial statements. Material covered includes a step-by-step instruction on how to read and understand the balance sheet, the income statement, and the cash flow statement. It also covers information about how these three statements are interconnected with one another. Review: Well written book on Trusts - Well written; explains the subject quite nicely. I am a lawyer and also have an MBA. This was a gift for a physician friend. Review: Great read for an introduction - The author strides for a basic explanation while still maintaining depth and he blends these two beautifully. I highly recommend for anyone interested in investing.
| Best Sellers Rank | #721,211 in Books ( See Top 100 in Books ) #300 in Accounting (Books) #910 in Stock Market Investing (Books) #1,229 in Introduction to Investing |
| Customer Reviews | 4.5 out of 5 stars 338 Reviews |
J**S
Well written book on Trusts
Well written; explains the subject quite nicely. I am a lawyer and also have an MBA. This was a gift for a physician friend.
D**E
Great read for an introduction
The author strides for a basic explanation while still maintaining depth and he blends these two beautifully. I highly recommend for anyone interested in investing.
A**R
High Level and Easy to Understand
Basic and easy to understand introduction to financial statements. This is a high level review. I definitely learned something, but you may want to consider another book if you want a in-depth / detailed dive into financial statements.
J**M
Great quick read
Basic financial essentials explained simply and very much straight forward. It is a quick read to educate yourself. I would recommend to others.
M**H
Great Introduction to Financial Statements
To analyze financial statements for the benefit of deciding whether or not to invest in a company, you first need to understand what the financial statements are telling you. This book gives you a very easy to understand breakdown of the financial statements so that you can begin to do the analysis. I would recommend this book to anyone who has little to no understanding of the financial statements. You can easily take your education further from here but this is an excellent start.
P**P
Amazing book
As a beginner who is starting my investing journey, the book has provided me with clear, concise, and very well-written information. Highly recommended!!!
T**D
Quick and concise
The is a refresher for anyone who has been in business and around financial management. Placement of monies, assets, and liabilities in reading the financial reporting sheets for the valuing of companies.
W**A
Great review for accountants and non accountants alike
Great review for accountants and non accountants alike. Author has great way of explaining the concepts in a concise easy to understand way.
P**O
Piccolo ma completo
Lo leggi in poche ore e trovi quello che serve
P**G
Very informative and to the point
I loved reading this book, and it explains all the three financial statements in a very simple language that even people without a financial background would be able to understand.. I have read it twice and would give it another shot to remember all the concepts
K**E
The basics are not very basic,
The basics are not very basic, for someone with very little financial knowledge (90% of the population) we need to be shown why it is not told how it is
M**W
Concise and complete
My first impression was, that this book is extremely short for the 10โฌ it costs. And I mean outrageously short. I read through it in 3 hours. Curiously, I learned everything I bought this book for. Its is structured very simply. It contains an example balance sheet, an income statement and a cash flow statement. Then it continues to explain every single number on each of those in a few simple sentences and how they are connected. A few remarks whether certain constellations might indicate a company living on credit or selling out to stay in the competition or having a competitive advantage. And thats it. If all you need is a very accessible explanation of the most important accounting terms and you're willling to pay 10โฌ to get them fast, this is an extremely good buy.
E**F
Good
Good book for anyone wanting to get a clear understanding of financial statements.
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