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Reading Financial Reports for Dummies - Lita Epstein

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        Présentation Reading Financial Reports For Dummies de Lita Epstein Format Broché

         - Livre

        Livre - Lita Epstein - 01/04/2022 - Broché - Langue : Anglais

        . .

      • Auteur(s) : Lita Epstein
      • Editeur : Wiley
      • Langue : Anglais
      • Parution : 01/04/2022
      • Format : Moyen, de 350g à 1kg
      • Nombre de pages : 384
      • Expédition : 536
      • Dimensions : 23.0 x 18.6 x 2.5
      • ISBN : 1119871360



      • Résumé :
        Your personal roadmap to becoming fluent in financial reports

        At first glance, the data in financial reports might seem confusing or overwhelming. But, with the right guide at your side, you can learn to translate even the thickest and most complex financial reports into plain English.

        In Reading Financial Reports For Dummies, you'll move step-by-step through each phase of interpreting and understanding the data in a financial report, learning the key accounting and business fundamentals as you go. The book includes clear explanations of basic and advanced topics in finance, from the difference between private and public companies to cash flow analysis.

        In this book, you'll also find:

        • Full coverage of how to analyze annual reports, including their balance sheets, income statements, statements of cash flow, and consolidated statements
        • Real-world case studies and financial statement examples from companies like Mattel and Hasbro
        • Strategies for analyzing financial reports to reveal opportunities for operations optimization

        Reading Financial Reports For Dummies is a can't-miss resource for early-career investors, traders, brokers, and business leaders looking to improve their financial literacy with a reliable, accurate, and easy-to-follow financial handbook....

        Biographie:

        Lita Epstein, MBA is a financial writer who focuses on career growth and business topics. She earned her MBA from Emory University and her BA from Rutgers University. Lita has written more than 40 books, including the previous editions of Reading Financial Reports For Dummies.

        ...

        Sommaire:

        Introduction 1

        About This Book 2

        Conventions Used in This Book 2

        What You're Not to Read 2

        Foolish Assumptions 3

        Icons Used in This Book 3

        Beyond the Book 4

        Where to Go from Here 4

        Part 1: Getting Started with Financial Reports 5

        Chapter 1: Opening the Cornucopia of Reports 7

        Figuring Out Financial Reporting 8

        Preparing the reports 8

        Seeing why financial reporting counts (and who's counting) 9

        Checking Out Types of Reporting 11

        Keeping everyone informed 11

        Following the rules: Government requirements 12

        Going global 13

        Staying within the walls of the company: Internal reporting 14

        Dissecting the Annual Report to Shareholders 15

        Breaking down the parts 15

        Getting to the meat of the matter 16

        Keeping the number crunchers in line 17

        Chapter 2: Recognizing Business Types and Their Tax Rules 19

        Flying Solo: Sole Proprietorships 20

        Keeping taxes personal 20

        Reviewing requirements for reporting 21

        Joining Forces: Partnerships 21

        Partnering up on taxes 22

        Meeting reporting requirements 22

        Seeking Protection with Limited Liability Companies 22

        Taking stock of taxes 23

        Reviewing reporting requirements 23

        Shielding Your Assets: S and C Corporations 23

        Paying taxes the corporate way 24

        Getting familiar with reporting requirements 25

        Chapter 3: Public or Private: How Company Structure Affects the Books 27

        Investigating Private Companies 28

        Checking out the benefits 29

        Defining disadvantages 30

        Figuring out reporting 31

        Understanding Public Companies 32

        Examining the perks 33

        Looking at the negative side 34

        Filing and More Filing: Government and Shareholder Reports 35

        Quarterly reports 35

        Yearly report 35

        The rules of the Sarbanes-Oxley Act 36

        Dodd-Frank's impact on financial industry regulation 39

        Entering a Whole New World: How a Company Goes from

        Private to Public 41

        Teaming up with an investment banker 41

        Making a public offering 42

        Chapter 4: Digging into Accounting Basics 45

        Making Sense of Accounting Methods 45

        Cash-basis accounting 46

        Accrual accounting 46

        Why method matters 46

        Understanding Debits and Credits 48

        Double-entry accounting 49

        Profit and loss statements 50

        The effect of debits and credits on sales 50

        Depreciation and amortization 51

        Checking Out the Chart of Accounts 52

        Asset accounts 54

        Liability accounts 56

        Equity accounts 57

        Revenue accounts 58

        Expense accounts 59

        Differentiating Profit Types 60

        Gross profit 60

        Operating profit 60

        Net profit 61

        Part 2: The Big Show: Annual Reports 63

        Chapter 5: Exploring the Anatomy of an Annual Report 65

        Everything but the Numbers 66

        Debunking the letter to shareholders 66

        Making sense of the corporate message 67

        Meeting the people in charge 68

        Finding basic shareholder information 68

        Getting the skinny from management 68

        Getting guarantees from management 72

        Bringing the auditors' answers to light 73

        Presenting the Financial Picture 76

        Summarizing the Financial Data 77

        Finding the highlights 77

        Reading the notes 78

        Chapter 6: Balancing Assets against Liabilities and Equity 79

        Understanding the Balance Equation 80

        Introducing the Balance Sheet 80

        Di...

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