Thursday, May 17, 2012

How to Read a Financial Report: Wringing Vital Signs Out of the Numbers


"If you would like to have a minimal understanding of the numbers that make up a balance sheet, income, and cash flow statement . . . then How to Read a Financial Report might be just what you are looking for. Mr. Tracy's book explains in plain English the meaning of the major terms used in financial statements." ?The Wall Street Journal "What distinguishes Tracy's efforts from other manuals is an innovative structure that visually ties together elements of the balance sheet and income statement by tracing where and how a line item in one affects an entry in another." ?Inc. magazine "An excellent job of showing how to separate the wheat from the chaff without choking in the process." ?Miami Herald "A wonderful book-organized logically and written clearly. For a Fool to be an effective investor, she has to know her way around a financial statement. This book will help you develop that skill. It's the clearest presentation of many accounting concepts that this Fool has seen." ?Selena Maranjian, The Motley Fool Read more...
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