January 2022
Beginner
448 pages
13h 37m
English
Content preview from Accounting For Dummies, 7th Edition
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Part 3
Understanding Financial Reports, Financial Statements, and Financial Information
IN THIS PART …
Develop a basis for the inside story of how business financial reports are produced. (It’s not as bad as making sausage, but there are several messy details.)
Discover how to dig deeper into a financial report, decipher operating performance summaries provided by management, and identify “devil in the detail” issues of importance.
Find out how both internal and external parties use financial statement analysis techniques and ratio calculations to interpret and better understand the financial performance of a company.
Get the lowdown on the more detailed and highly confidential accounting information that company executives, managers, and owners (in other words, the insiders) of the business need for identifying problems and opportunities — in short, for running the business.
Find out the latest games being played by Wall Street with an entire chapter dedicated to helping you understand current trends in financial reporting and how companies utilize “financial engineering” to help tell their stories.
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