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Accounting For Dummies, 7th Edition
book

Accounting For Dummies, 7th Edition

by John A. Tracy, Tage C. Tracy
January 2022
Beginner
448 pages
13h 37m
English
For Dummies
Audiobook available
Content preview from Accounting For Dummies, 7th Edition

Chapter 11

Deciphering a Financial Report

IN THIS CHAPTER

Bullet Looking after your investments

Bullet Evaluating and managing investment opportunities

Bullet Tapping other sources of invaluable business information

Bullet Scanning footnotes and sorting out important ones

Bullet Checking out the auditor’s report

This chapter focuses on the external financial report that a business sends to its lenders and shareowners. Many topics explained in the chapter apply to not-for-profit (NFP) entities as well. But the main focus is reading the financial reports of profit-motivated business entities. External financial reports are designed for the non-manager stakeholders in the business. The business’s managers should understand how to read and analyze its external financial statements, and managers should do additional financial analysis, discussed in Chapter 13. This additional financial analysis by managers uses confidential accounting information that is not circulated outside the business.

You could argue that this chapter ...

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Accounting For Dummies, 7th Edition

Accounting For Dummies, 7th Edition

John A. Tracy, Tage C. Tracy

Publisher Resources

ISBN: 9781119837527Purchase Link