Financial Statements: A Step-By-Step Guide to Understanding and Creating Financial Reports |...

Financial Statements: A Step-By-Step Guide to Understanding and Creating Financial Reports | Thomas R. Ittelson | Comprehensive and Fun to read

books:

Financial Statemen...

	Financial Statements: A Step-By-Step Guide to Understanding and Creating Financial Reports Thomas R. Ittelson Career Press, 1998 - 223 pages average customer review:based on 48 reviews view larger image
	for more information click here

highly recommended

Simply The Best!

A solid foundation is critical to understanding concepts. So you'd think most books would spend a lot of time ensuring and clarifying the basics, right? Wrong! Simply not true! Most of the accounting/finance books just don't get into clarifying the very basics - the confusing array of terms used, how they fit together, what they actually mean in a realworld setting, etc.

This book - a must on every managers shelf - adds value by providing clear and consise definitions and relates them visually. The chapter on connections ties a lot of information together with such ease. Above all the step by step examples go a long long way into clarfying any remaining confusion you'd have. Its very easy to read. You'd probably finish it over a weekend. So its tremendous bang for buck.

Clearly the first introductory book one should read. There are plenty of good books for the next level (IMHO).

**_Simply go get it - read it. Enjoy the clarity in your decision making. Highly recommended._**

Here is a list of books that might also help.
Introductory level:
1. Financial statements (Thomas Ittelson, this book)
2. How to use financial statements: A guide to understanding the numbers (James Bandler)

Next Level:
3. Financial Statement Analysis: the investors self study to interpretting & analyzing financial statements, revised edition (Charles J. Woelfel)
4. Analysis For Financial Management (Robert C. Higgins) - This is one excellent book.
5. Techniques Of Financial Analysis: A Modern Approach (Eric A. Helfert)

MBA Level:
6. The Analysis And Use Of Financial Statements (Gerald White, Sondhi, et. al) - dense reading (plus the plain format of this version of the book is sure to make you fall asleep. Hats off to you if you can read this book cover to cover. :).)
7. Also Corporate Finance: theory and practice (Damodaran) has a very good advanced level introductory chapter. Pick it up at a library and ...

If you had to buy 1 book:
I'd recommend - #1 above.

If you could buy 2 books (over time):
I'd recommend - #1 and #4 above.

If you could buy 3 books (for an in depth managerial understanding):
I'd recommend - #1, #4 and #5 above.

Good luck!

for more information click here

Comprehensive and Fun to read

This is a comprehensive book and easy and fun to read. Now if you can't understand this book then I suggest not to deal with any numbers and leave it all up to a professional. This book is an easy guide that takes you by hand to show you all three statements income, cash flow and balance sheet and explains them all and tell you how they are related. It also builds a company and records all transactions into these 3 statements. It's easy and fun.

Excellent read

Excellent read to unravel the confusing vocabulary of the subject. Excellent as a review and easy to understand.

for more information click here

Great book

I'm getting an MBA and have taken no prior business classes. I found this book to be very useful, especially the step-by-step walkthrough. I was initially concerned that the book would be too basic when reading the first section, however the next sections were excellently executed.

With this as background i'm moving on to Higgins Analysis For Financial Management, Techniques Of Financial Analysis by Eric A. Helfert, and The Analysis And Use Of Financial Statements by Gerald White as recommended by one of the reviwers here. I've also order Graham and Dodd's Security Analysis as the capstone for my self-education.

for more information click here

A Great Place to Start

I've recently begun investing in stocks, but I knew nothing about financial reports or accounting. Now I do. Not only did I learn a lot from Ittelson, I want to know more! I liked this book because it was easy to get through (the writing is straightforward and the font is BIG), it utilizes a building-block method of learning, and employs a fictional company from page one to illustrate all the concepts of financial reports. If you're a beginner, this is a great place to start.

reviews: 1, 2, 3, 4, page 5, 6, 7, 8, 9, 10

products you might be interested in