Financial Statements: A Step-by-Step Guide to Understanding and Creating Financial Reports
- ISBN13: 9781601630230
- Condition: NEW
- Notes: Brand New from Publisher. No Remainder Mark.
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Product Description
Now the best-selling book of its kind has gotten even better.This revised and expanded second edition of Ittelson’s 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 … More >>
Financial Statements: A Step-by-Step Guide to Understanding and Creating Financial Reports


THIS BOOK IS REALLY BAD. NEITHER FOR AMATEURS NOR FOR THOS WHO WANTS TO BRUSH UP THEIR BASIC ACCOUNTING KNOWLEDGE.
Rating: 1 / 5
Comment by boytoy — January 10, 2010 @ 10:54 pm
I bought 3 books, the one I am reviewing, “Reading Financial Reports For Dummies”, and “Guide to Understanding Financial Statements”. This book gives no information for beginners who are trying to learn how to understand financial statements. I read all 3 books twice, and I didn’t get anything…and I mean nothing from this book. The other two were very well written. Reading Financial Reports For Dummies and The Guide to Understanding Financial Statements. I suggest not wasting your money on this book. It is basically a lot of numbers with very little explanation. It is also confusing because the definitions are different and there is no explanation why they defintions change when reading a financial report.
Rating: 1 / 5
Comment by M. Baker — January 10, 2010 @ 11:45 pm
If you are in the finance business, of any kind, and you are not an accountant, this book is for you.
Rating: 5 / 5
Comment by Richard Gomez — January 11, 2010 @ 1:58 am
Financial statements are basic documents specifically designed and intended to codify a company’s fiscal status with respect to revenues, expenditures, assets, and liabilities. Now in a newly revised, expanded, and updated edition, “Financial Statements” by business developer and marketing consultant Thoms R. Ittelson explicitly instructs the non-fiscally trained business manager on how to create a financial statement, including cogent explanations of how balance sheets, income statements, and cash flow statements combine to provide accurate and accessible information delineating a company’s fiscal status so fundamentally important for decision making. Of special note are the two new chapters on capital budgeting analysis techniques of net present value (NPV) and internal rate of return (IRR) set out in clear, comprehensive, ‘reader friendly’ exampled explanations. “Financial Statements” is especially recommended for entrepreneurs and business managers who have no previous background in the creation or interpretation of corporate financial statements — as well as non-specialist general readers considering investing in a company and needing to examine financial statements as a part of their deliberations.
Rating: 5 / 5
Comment by Midwest Book Review — January 11, 2010 @ 2:29 am
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.
Rating: 4 / 5
Comment by Wang Di — January 11, 2010 @ 3:06 am