The comprehensive guide on how to read a financial report : wringing vital signs out of the numbers /
A comprehensive guide to reading and understanding financial reports Financial reports provide vital information to investors, lenders, and managers. Yet, the financial statements in a financial report seem to be written in a foreign language that only accountants can understand. This comprehensive...
Saved in:
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Hoboken, New Jersey :
Wiley,
[2014]
|
| Subjects: | |
| Online Access: | CONNECT |
Table of Contents:
- Title; Copyright; List of Exhibits; Preface; Part One: Financial Report Fundamentals; Chapter 1: Financial Statement Basics; The Big Three-Financial Condition, Profit Performance, and Cash Flows; Additional Financial Statement Considerations and Concepts; An Important Concept to Understand Throughout This Book; Chapter 2: Starting with Cash Flows; Cash Flows-Just How Important Is It for a Business?; Cash Flows-What Does It Not Tell You?; Profit and Losses Cannot Be Measured by Cash Flows; Cash Flows Do Not Reveal Financial Condition; Chapter 3: Mastering the Balance Sheet.
- Solvency versus LiquidityBalance Sheet Basics-Left and Right, Top to Bottom; The Balance Sheet Message; Chapter 4: Understanding Profit; Why Discuss Profits Last?; An Important Question; Nature of Profit; Recording Revenue and Expenses; Winding Up; Chapter 5: Profit Isn't Everything and All Things; Remember-Everything's Connected; Threefold Financial Task of Business Managers; One Problem in Reporting Financial Statements; Interlocking Nature of the Three Financial Statements; Connecting the Dots and Expanding Your Knowledge of Financial Reports; Part Two: Working Capital Connections.
- Chapter 6: Our Case Study-Company IntroductionsCompany Overviews; HareSquared, Inc.; TortTech, Inc.; Friendly Reminders; Chapter 7: Sales Revenue, Trade Accounts Receivable, and Deferred Revenue; Exploring One Link at a Time; How Sales Revenue Drives Accounts Receivable; A Special Link
- How Accounts Receivable Drives Deferred Revenue; Accounting Issues and Our Case Study; Chapter 8: Cost(s) of Goods Sold Expense and Inventory; Exploring Our Second Critical Link; What Is in Costs of Goods Sold Expense?; Holding Products in Inventory before They Are Sold; Accounting Issues and Our Case Study.
- Chapter 9: Inventory and Accounts PayableExamining Our Third Link, with a Twist; Acquiring Inventory on the Cuff; Accounting Issues and Our Case Study; Chapter 10: Operating Expenses and Accounts Payable; The Connection Is Important but Let's Start with the Basics; Recording Expenses before They Are Paid; Accounting Issues and Our Case Study; Chapter 11: Accruing Liabilities for Incurred but Unpaid Expenses; Understanding Hidden Risks with This Connection; Recording the Accrued Liability for Operating Expenses; Accounting Issues and Our Case Study.
- Chapter 12: Income Tax Expense-A Liability and Asset?Why the Income Tax Connection Can Be Very Confusing; Taxation of Business Profit; Accounting Issues and Our Case Study; Part Three: Financial Capital Connections and Cash Flows; Chapter 13: Our Case Study-Company Updates and Assessments; The Big Picture-Comparing Both Companies; HareSquared, Inc. Update; TortTech, Inc. Update; What's Next?; Chapter 14: Long-Term Assets and Depreciation, Amortization, and Other Expenses; A Brief Review of Expense Accounting; Fixed Assets and Depreciation Expense; Intangible Assets and Amortization Expense.
