Reading Financial Reports For Dummies^®, 2nd Edition

by Lita Epstein (University of Phoenix )

• ISBN13: 9780470466865
• ISBN10: 0470466863
• Format: eBook
• Copyright: 2009-03-01
• Publisher: For Dummies

Summary

The second edition includes over 25 percent new and updated information including: New information on the separate accounting and financial reporting standards for private/small businesses versus public/large businesses Updated information that reflects the 2007 law on international financial reporting standards New content to match SEC and other governmental regulatory changes over the past three years New information about how the analyst-corporate connection has actually changed the playing field The impact of corporate communications and new technologies New examples that reflect the current trends Updated websites and resources

Table of Contents

Introduction

Getting Down to Financial Reporting Basics

Opening the Cornucopia of Reports

Recognizing Business Types and Their Tax Rules

Public or Private: How Company Structure Affects the Books

Digging into Accounting Basics

Checking Out the Big Show: Annual Reports

Exploring the Anatomy of an Annual Report

Balancing Assets against Liabilities and Equity

Using the Income Statement

The Statement of Cash Flows

Scouring the Notes to the Financial Statements

Considering Consolidated Financial Statements

Analyzing the Numbers

Testing the Profi ts and Market Value

Looking at Liquidity

Making Sure the Company Has Cash to Carry On

Understanding How Companies Optimize Operations

How Reports Help with Basic Budgeting

Turning Up Clues in Turnover and Assets

Examining Cash Infl ow and Outflow

How Companies Keep the Cash Flowing

The Many Ways Companies Answer to Others

Finding Out How Companies Find Errors: The Auditing Process

Digging into Government Regulations

Creating a Global Financial Reporting Standard

Checking Out the Analyst-Corporation Connection

How Companies Communicate with Shareholders

Keeping Score When Companies Play Games with Numbers

The Part of Tens

Ten Financial Scandals That Rocked the World

Ten Signs That a Company's in Trouble

Glossary

Index

Table of Contents provided by Publisher. All Rights Reserved.