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Summary

Discover how to decipher financial reports.

Especially relevant in today's world of corporate scandals and new accounting laws, the numbers in a financial report contain vitally important information about where a company has been and where it is going.

Packed with new and updated information, Reading Financial Reports for Dummies, 3rd Edition gives you a quick but clear introduction to financial reports - and how to decipher the information in them.

  • New information on the separate accounting and financial reporting standards for private/small businesses versus public/large businesses
  • New content to match SEC and other governmental regulatory changes
  • New information about how the analyst-corporate connection has actually changed the playing field
  • The impact of corporate communications and new technologies
  • New examples that reflect current trends

Reading Financial Reports for Dummies is for investors, traders, brokers, managers, and anyone else who is looking for a reliable, up-to-date guide to reading financial reports effectively.

©2014 John Wiley & Sons, Inc., Hoboken, New Jersey (P)2019 Gildan Media

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  • Philo
  • 15-03-19

Very solid and complete, A-Z, if a bit plodding

This fits the bill very well for me. Some years back I took a financial accounting class and this is a fine refresher. It would work well for a beginner. As the book's length suggests, it is thorough. Every term is defined along the way. Nothing is left mysterious.

The book goes beyond a mere laundry list of terms and definitions, referring to actual financial statements. Using both Mattel and Hasbro side by side is useful. I appreciate the clear and useful walk-through of the various ratios (price to earnings and on and on) and what they tell us about a company's condition.

As I am often physically engaged when listening (hiking and running trails, crossing busy streets on foot, etc.), I like audiobooks to not be too technically fast or data-packed. The rate of information flow here is just right. The author introduces a term or topic and then often says, I will explain more in chapter X. It makes sense to do this, but some may be rolling their eyes, thinking it is repetitive or plodding. These sorts of cross-references slow the pace just enough to support the way I am listening -- without having to repeatedly rewind and re-listen. A CPA or someone already very advanced wold be advised to look elsewhere.

8 people found this helpful