Excellent book to develop the foundations of financial accounts

books:


	• 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 41 reviews view larger image
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highly recommended

Well written, easy to understand

This book is an easy read, but like any great book, it leads to a deeper understanding of the subject matter. I'll be referring back to it frequently.

Excellent book to develop the foundations of financial accounts

I learn by example and this book allowed me to do just that. With the 39 well-explained real-life like transactions the authors guides the student through many aspects of financial transactions. A very good book and well worth the read to develop a solid foundation to financial accounting. Not a comprehensive financial accounting book by any means, but does an excellent job developing the most important concepts. The book also provides an introduction to ratio analysis which is useful especially after going through the case. In all, very highly recommended! Good job Mr. Ittelson!

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Really helpful

This book was for a business class and it was very helpful and informative. I will be keeping this one for reference later, as it's easy enough to understand for the future after I've forgotten all that I learned.

Good but not consise

It's clear and detailed. If you follow every step you will definitely understand everything. However, there are many overlaps which you may not need.

Best EZ read

I have not read a book in many, many years... mainly because I have a very short attention span. If the point does not get accross in 2 seconds, my mind drifts to lala land.... Miraculously, I have read it many times over.

This was such an easy read. Retention is aided by the large print & clear diagrams showing how each transaction affects all the statements (without the unnecessary, complex verbage.)

So far, this has been the only book I have found to affectively explain how the finacial statements are linked. This is a perfect reference guide for experienced professionals & a must for the classroom.

Honestly, I got more out of this book than my BA in accounting & MBA in finance. Thank you!!!

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reviews: page 1, 2, 3, 4, 5, 6, 7, 8, 9

Finally, a resourceful and unique primer on financial statements that uses a creative and different approach to explain every kind of financial report a small business owner or manager needs to succeed. Through an unique visual approach, this book leads users to a clear understanding of how business scores are kept and how to interpret the results.From balance sheets, cash flow statements and income statements, learn how to understand the basic elements that will pave the way to achieving financial success.

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