How to Read a Financial Report: Wringing Vital Signs Out of the Numbers, 8th Edition

Whether you're a manager attempting to get a clear picture of your company's performance, an investor trying to determine if a business is a sound investment, or a lender who needs to measure an organization's creditworthiness, the information contained in a financial report is the most valuable source of information at your disposal.

Now only if it was written in a language you could read!

For more than thirty years, the number-one resource professionals have turned to for help in cutting through the haze of <accountantese and making sense of all those numbers has been How to Read a Financial Report.

Like its predecessors, this eighth edition steers you painlessly through the basic accounting concepts and provides line-by-line explanations of a financial statement. It shows you how the three parts of a financial report—the balance sheet, the income statement, and the cash flow statement—fit together and the story they tell. And it provides up-to-date coverage of important tax reforms, depreciation methods, international standards, recent FASB rulings and more.

How to Read a Financial Report is your plain-English guide to sorting out what all those numbers are really saying.

Praise for How to Read a Financial Report

"What distinguishes Tracy's efforts from other manuals is an innovative structure that visually ties together elements of the balance sheet and income statement by tracing where and how a line item in one affects an entry in another."—Inc.

"An excellent job of showing how to separate the wheat from the chaff without choking in the process."—The Miami Herald

"A wonderful book organized logically and written clearly. For a Fool to be an effective investor, she has to know her way around a financial statement. This book will help you develop that skill. It's the clearest presentation of many accounting concepts that this Fool has seen."—Selena Maranjian, The Motley Fool