Financial Statements: A Step-by-Step Guide to Understanding and Creating Financial Reports

Financial Statements was born from the author's efforts to teach client entrepreneurs how to design and use financial statements in their start-up businesses. Ittelson, is a scientist, businessman, author, and teacher with many years of hands-on experience in business development and marking for technical companies. As a consultant to entrepre

Every concept is explained with a basic, straightforward transaction example. Every term is defined in simple, understandable language. 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. Financial Statements deftly shows that all this accounting and financial-reporting stuff is not rocket science and that you can understand it! Ittelson empowers non-financial managers by clearly and simply demonstrating how the balance sheet, income statement and cash flow statement work together to offer a “snapshot” of any company’s financial health. With more than 100,000 copies in print, Financial St

M. Vigod said Excellent book to help understand financial statements. I enjoyed reading this book (as much as one could enjoy a book on numbers that is!). I wanted to brush up on my accounting so I could better read financial statements for public companies I invest in. I took accounting a long time ago in college so knew the basics but even that was a little rough around the edges for me.This book lays out clearly the Excellent book to help understand financial statements I enjoyed reading this book (as much as one could enjoy a book on numbers that is!). I wanted to brush up on my accounting so I could better read financial statements for public companies I invest in. I took accounting a long time ago in college so knew the basics but even that was a little rough around the edges for me.This book lays out clearly the 3 main . main . "Definite buy!!" according to DA LaMarr. This book is seriously so good. I've been in the accounting world for 10 years, I have my Accounting degree, and I am a Controller for a small regional company. I'm 1Definite buy!! This book is seriously so good. I've been in the accounting world for 10 years, I have my Accounting degree, and I am a Controller for a small regional company. I'm 13 pages into this book and I've thought several times already that this should be required reading in any entry-level accounting class in college. I bought this book because while I understand t. pages into this book and I've thought several times already that this should be required reading in any entry-level accounting class in college. I bought this book because while I understand t. I would highly recommend this book to anyone who does not know anything This is the first time I have ever commented on a product sold on Amazon. First, the book arrived ahead of time. Secondly, I would highly recommend this book to anyone who does not know anything about accounting. I am considering starting a business and have been educating myself on various topics. Although, I have a science/math background, I have never tak

MacLellan, CPA, PFS , partner, Morgan & Morgan, PC“Finally, a handbook that takes the mystery out of accounting principles. Baty, partner, Zero Stage Capital . The entrepreneur can learn in one evening’s reading what it took me two years of learning-by-doing!”Gordon B. I recommend this book to any ‘non-financial’ type who sits at the head of the tableboardroom or kitchen.”Margi Gandofi, vice president, strategic programs/clinical services, New York Blood Center“I wish this book were around when I started my first company. “After reading Financial Statements, executiv