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The purpose of this book is to help readers understand the basics of understanding financial statements. Material covered includes a step-by-step instruction on how to read and understand the balance sheet, the income statement, and the cash flow statement. It also covers information about how these three statements are interconnected with one another. Review: Very well written - I really enjoyed reading this book because it explained difficult concepts in a very easy-to-use and application process. The author wrote in a style that is very helpful in understanding the concepts of Financial statements. Review: Well written book on Trusts - Well written; explains the subject quite nicely. I am a lawyer and also have an MBA. This was a gift for a physician friend.
| Best Sellers Rank | #1,081,871 in Books ( See Top 100 in Books ) #466 in Accounting (Books) #1,522 in Stock Market Investing (Books) #1,738 in Introduction to Investing |
| Customer Reviews | 4.5 out of 5 stars 339 Reviews |
D**H
Very well written
I really enjoyed reading this book because it explained difficult concepts in a very easy-to-use and application process. The author wrote in a style that is very helpful in understanding the concepts of Financial statements.
J**S
Well written book on Trusts
Well written; explains the subject quite nicely. I am a lawyer and also have an MBA. This was a gift for a physician friend.
A**R
High Level and Easy to Understand
Basic and easy to understand introduction to financial statements. This is a high level review. I definitely learned something, but you may want to consider another book if you want a in-depth / detailed dive into financial statements.
J**E
Great introduction to an important concept.
I have spent a lot of time lately learning about investing and other aspects of personal finance. I was recommended to learn about how to read financial statements and purchased this book. I was not disappointed. This book is short, but provides a good enough description on all the parts of a financial statement that a person can actually read a company's Cash Flows and other documents and be able to understand where a company stands financially. It discusses different indicators and ratios used to make assessments, but it does not get very deep into how to analyze a company based on financial statements. Good reading if you are getting into investing and want to learn the first part of being able to understand whether this company might warrant your money and/or your attention.
L**R
Solid primer.
Great primer for understanding the accounting basics to company financial statements. Easy to understand and follow. This book provided me the ability to learn how to read the financial statements in annual 10K reports filed with the SEC. I highly recommend this book for those who are learning.
D**E
Great read for an introduction
The author strides for a basic explanation while still maintaining depth and he blends these two beautifully. I highly recommend for anyone interested in investing.
T**D
Quick and concise
The is a refresher for anyone who has been in business and around financial management. Placement of monies, assets, and liabilities in reading the financial reporting sheets for the valuing of companies.
L**.
Good info
This book provided good insight and a start to further learning Account principles to utilize when analyzing a corporationโs financial reports. This is the third of Mariuszโs books I read. It must be good, because I continue to return. Enjoy.
P**O
Piccolo ma completo
Lo leggi in poche ore e trovi quello che serve
P**G
Very informative and to the point
I loved reading this book, and it explains all the three financial statements in a very simple language that even people without a financial background would be able to understand.. I have read it twice and would give it another shot to remember all the concepts
K**E
The basics are not very basic,
The basics are not very basic, for someone with very little financial knowledge (90% of the population) we need to be shown why it is not told how it is
M**W
Concise and complete
My first impression was, that this book is extremely short for the 10โฌ it costs. And I mean outrageously short. I read through it in 3 hours. Curiously, I learned everything I bought this book for. Its is structured very simply. It contains an example balance sheet, an income statement and a cash flow statement. Then it continues to explain every single number on each of those in a few simple sentences and how they are connected. A few remarks whether certain constellations might indicate a company living on credit or selling out to stay in the competition or having a competitive advantage. And thats it. If all you need is a very accessible explanation of the most important accounting terms and you're willling to pay 10โฌ to get them fast, this is an extremely good buy.
E**F
Good
Good book for anyone wanting to get a clear understanding of financial statements.
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