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Financial statements : a step-by-step guide to understanding and creating financial reports

Title
Financial statements : a step-by-step guide to understanding and creating financial reports / by Thomas R. Ittelson.
ISBN
9781601638618
1601638612
9781601630230
1601630239
Edition
Rev. and expanded ed.
Published
Franklin Lakes, NJ : Career Press, ©2009.
Physical Description
1 online resource (285 pages) : illustrations
Local Notes
Access is available to the Yale community.
Notes
Includes index.
English.
Access and use
Access restricted by licensing agreement.
Summary
This revised and expanded second edition of Ittelsonʹs master work will give you that firm grasp of the numbers necessary for business success. With more than 100,000 copies in print, Financial Statements is a perfect introduction to financial accounting for non-financial managers, stock-market investors, undergraduate business and MBA students, lawyers, lenders, entrepreneurs, and more. Most introductory finance and accounting books fail either because they are written by accountants for accountants or the authors dumb down the concepts until they are virtually useless. Financial Statements deftly shows that all this accounting and financial-reporting stuff is not rocket science and that you 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 companyʹs financial health. Every term is defined in simple, understandable language. Every concept is explained with a basic, straightforward transaction example. And with the bookʹs uniquely visual approach, youʹll be able to see exactly how each transaction affects the three key financial statement of the enterprise. Two new major sections with nine new chapters were added to this revised second edition of Financial Statements, simply the clearest and most comprehensive introduction to financial reporting available. -- Back cover.
Variant and related titles
O'Reilly Safari. OCLC KB.
Other formats
Print version: Ittelson, Thomas R., 1946- Financial statements. Rev. and expanded ed. Franklin Lakes, NJ : Career Press, ©2009
Format
Books / Online
Language
English
Added to Catalog
February 14, 2024
Contents
Section A. Financial statements: structure & vocabulary : Twelve basic principles
The balance sheet
The income statement
The cash flow statement
Connections
Section B. Transactions: exploits of AppleSeed Enterprises, Inc. : Startup financing and staffing
Staffing and equipping facility: planning for manufacturing startup
Startup of manufacturing operations
Marketing and selling
Administrative tasks
Growth, profit & return
Section C. Financial statements: construction & analysis : Keeping track with journals and ledgers
Ratio analysis
Alternative accounting policies and procedures
Cooking the books
Section D. Business expansion: strategy, risk & capital : Mission, vision, goals, strategies, actions and tactics
Risk and uncertainty
Making decisions about AppleSeed's future
Sources and costs of capital
Section E. Making good capital investment decisions : The time value of money
Net Present Value (NPV)
Making good capital investment decisions
Summary and conclusions
Appendix A. Short history of business fraud and speculative bubbles
Appendix B. Nominal dollars vs. real dollars.
Citation

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