Financial Statements - A Step-by-Step Guide to Understanding and Creating Financial Reports (Over 200000 copies sold!)

Thomas Ittelson

Summary

Simply the clearest and most comprehensive introduction to financial reporting available. No accounting background is required. “Finally, a handbook that takes the mystery out of accounting principles.” —Margi Gandolfi, VP Marketing/Strategic Planning of New York Blood CenterThis edition replaces all previous editions of this bestselling title based on the revised and expanded edition corrected and back to the basics.Financial Statements is a perfect introduction to financial accounting for non-financial managers, investors, business students, lawyers, lenders, entrepreneurs, and more. Financial Statements deftly shows that all this accounting and financial-reporting stuff is not rocket science and that anyone can understand it!Ittelson empowers non-financial managers by clearly and simply demonstrating how the balance sheet, income statement, and cash flow statement work together to offer a snapshot of any company’s financial health. Every term is defined in simple, understandable language. Every concept is explained with a basic, straightforward transaction example. And with the book’s uniquely visual approach, you’ll be able to see exactly how each transaction affects the three key financial statements of the enterprise. Each statement paints a different and essential picture—the “three-legged stool” of company reporting:• The income statement shows the manufacturing (or service offerings) and selling actions of the company that result in profit or loss during a period. It gives a very important perspective on the company’s performance, its profitability.• The cash flow statement details cash into and out of the company for a period. You need money to make money. Running out of cash is bad. Duh.• The balance sheet records at the end of a period, an instant in time, what the company owns and what it owes, including the owners’ stake, called shareholders’ equity.

Available since: 09/12/2022.

Print length: 304 pages.

Other books that might interest you

Perpetual Prestige - How...

Mike Parson

Embark on a captivating journey through the evolution of luxury markets with this insightful analysis. Delve into the historical roots of iconic brands and their enduring strategies for maintaining prestige amidst modern challenges. From the impact of social media to the rise of accessible luxury, discover how brands like Rolex and Porsche have adapted, solidifying their positions as pioneers in the ever-changing landscape of luxury. Explore the post-pandemic implications for luxury brands and gain a deeper understanding of the timeless principles that shape consumer perceptions of luxury. This book offers a comprehensive exploration of the forces driving the luxury market, making it essential reading for scholars, practitioners, and enthusiasts alike.

Show book

Superperformance - 8 Strategies...

George Pesansky

“Superperformance” Isn’t Luck—It’s a Skill You Can Learn and Cultivate

Too many professionals and organizations struggle to break free of the prison of expectations, held back by unclear priorities, workplace friction, and fleeting moments of peak performance that never last. Without a system for understanding the root causes of their success, they fall into cycles of burnout chasing incremental improvement, inconsistency, and missed potential.

Superperformance unlocks the formula for turning high-performance moments into lasting success. George Pesansky introduces eight proven strategies to eliminate ambiguity, master clarity, and extend “golden hours”—those rare times when everything just clicks. Through real-world examples and practical frameworks, this book shows how to build utility, lead with impact, and create sustainable momentum. Whether you’re leading a team, driving organizational change, or striving for personal excellence, Superperformance delivers the blueprint for winning—again and again.

Show book

Revamp Your Life: Easy Steps to...

Sullivan Carrington

Revamp Your Life: Easy Steps to Stop Procrastinating and Thrive
Are you eager to advance in your career and gain the knowledge needed to transform your habits, unlock your potential, and live your best life?
Looking for a comprehensive resource that covers everything you need to break free from procrastination and thrive?
Your search ends here!
This guide is your ultimate companion for enhancing your understanding, applying your skills, and engaging in practical exercises. With this resource, you're set up for success.
Updated to reflect the latest strategies and insights for 2024-2025.
Key features of this enhanced guide include:
- In-depth insights on transforming habits to achieve your goals
- Clear explanations of techniques to unlock your full potential
- Effective strategies for overcoming procrastination and thriving in your endeavors
What sets our guide apart is its thorough approach, critical for your success. Concepts are not just touched upon; they are examined with clarity and detail.
Please note that this guide is an independent resource and is not affiliated with any official organizations.
Crafted with a clear structure and easy-to-understand language, our guide ensures a smooth progression between topics. Say goodbye to complex jargon and embrace content that is clear, precise, and technically sound.
So, why wait? Click the BUY NOW button, secure your guide, and embark on your journey to transforming your life!
Start your journey today toward a revitalized and fulfilling life!

Show book

Questions for Reflection -...

Kerstin Hack

Ask a reasonable question and you'll get a reasonable answer. —Euripides

When we reflect clearly, we strengthen our lives, learn, and avoid making mistakes. This Microbook presents proven methods of reflection. It helps us to reflect on inner processes and periods of time as well as thinking through projects. All methods of reflection are clearly and simply explained so that they can be implemented immediately.

Ideal for all who would like to get to know themselves better and live life to the full.

Show book

A Financial Literacy Book for...

Geo Compare

Tired of feeling lost and confused about money? Ready to finally take control of your finances and build a life of freedom and abundance?
Let's be honest, adulting is hard. Suddenly, you're juggling student loans, rent, credit cards, and the pressure to save for the future – all while trying to enjoy your life! It can feel overwhelming, primarily when no one taught you the essential money skills you need. But what if you could ditch the financial stress and create a life of abundance without giving up the things you love?
In A Financial Literacy Book for Young Adults, you’ll learn:The secrets to earning more without needing a fancy degree or years of experience.Proven strategies to crush debt and build a rock-solid financial foundation.Simple ways to automate your savings and investments to watch your money grow effortlessly.Insider tips to unlock financial freedom and design the life you've always dreamed of.And much more!
You might think, "I'm drowning in student loans," or "I can barely make ends meet." But here's the truth: it doesn't matter where you're starting from. This book will give you the tools and knowledge to transform your financial situation.
Even if you're living paycheck to paycheck or feel clueless about investing, this book will empower you to take charge and create a brighter financial future.
Ready to unlock your financial potential? Grab your copy of "A Financial Literacy Book for Young Adults" today and start building the life you deserve!

Show book

Every Move Matters - Unlocking...

Vickey Barron

Tenacity, positive attitude  and a genuine interest in and love for people helped propel Vickey Barron to the top of the New York City real estate market. In this book, she shares the secrets of her phenomenal success — dating back to her childhood as the eager-to-please daughter of a stressed-out single mom. Through a series of hilarious, heartfelt, and sometimes - unbelievable stories, Vickey explores the lessons of her first career, building a local health insurance company into a national powerhouse, as well as her rise in the ultra-high-stakes world of Manhattan luxury real estate. She’ll also share what she’s learned about overcoming fear, getting out of your own way, and finding the success you want while having fun doing it.

Show book