books:
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Financial Statements: A Step-By-Step Guide to Understanding and Creating Financial Reports
Thomas R. Ittelson
Career Press
, 1998 - 223 pages
average customer review:
based on 44 reviews
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highly recommended
Excellent!
I purchased this book for an MBA course and ended up using it more than the assigned text. The author makes a complicated subject seem like childs play! Thanks to this book, I am confident that my MBA case analysis for future courses are on target!
Excellent for a novice
This is the first book that demonstrates an understandig of the necessity of abandoning jargon to get to knowledge, for a layman. At the end of this book, I was able to relate back to the Jargons, and I agree with the author, nothing is simpler than reading
statements
! Excellent read for novices!
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Multiple year statements would make this book top notch
The author explains quite well the contents of the book. I would give this book 5 stars but for the fact it lacks sections on mutiple year
statements
and examples of dicounted cash flow and IRR calculations. Before reading the book, I couldn't write a
financial statement
. Now I've written one albeit without IRR forecast.
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An excellent book for those who wish to start finance
After having read many
financial textbooks
, I think this book is amazing. The author did an excellent and remarkable work. To begin with, he took in very serious consideration his audience, which is people with poor knowledge in finance. Thus, his book is very easy-to-read and its content very explicit. Every single financial term is clarified with a layman's language. Moreover, for every single term, there is a very understandable example. Likewise, in every page there is a sheet explaining all the transactions. I strongly believe that this book is a masterpiece for non financial managers.
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A Good Basic Book to Understanding Financial Statements
I would recommend this book to anyone whom needs to acquire a basic
understanding
. It was a little basic for me, but its a great review of vocab, and how changes in the
statements affect
one another.
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