Understanding Financial Statement Analysis: For Accountants, Business Owners, Investors, and Stakeholders

As of Dec 13, 2015, this book is ranked #1 in Canada and #3 in the U.S.

3 bonus books included! As a thank you for your time another gift is available at the end of the book.

What you'll get out of this book: After reading this book you should have a good understanding of financial statements and reports, and be able to make smart, informed decisions as an accountant/bookkeeper, business owner, investor, or stakeholder.

Accounting is the basic language of business. Whether you are an accountant/bookkeeper, a business owner, or an investor, you look at financial statements and reports to determine how well a company is performing.

As a CPA, I look at financial statements every day. I also prepare financial statements for clients. I will share with you in simple terms how to understand and make use of financial statements to achieve your goals.

Where do you start?

Financial statements analysis have several components, including the balance sheet, income statement, cash flow statement, statement of equity, and notes to financial statements.

In my job as a public accountant/auditor I've worked with many different companies. On many days I work with new clients. I have to familiarize myself with the company before doing my audit work.

I start by looking at the notes to the financial statements, usually attached at the end of the financial statements. The notes generally give a good overview of what the company does and introduces the many features in the balance sheet and income statement.

If you're an accountant or bookkeeper who's looking to not only understand financial statements, but also understand the bookkeeping/accounting principles, I suggest you read this book and also my book "Bookkeeping and Accounting Step-by-step Basics for Small & Medium Sized Businesses and Home Businesses: Over 20 Examples of Common Accounting Transactions!" In that book I show you the basics of how to do bookkeeping.

Tags: financial statements, analysis, business, small and medium sized business