How to read financial statements
…..and make sense of the numbers!
Don’t have a degree in double-entry accounting?
Don’t know your debits from your credits?
Looking to extract more information and value from your business’ numbers?
This is the book for you!
There is a wealth of information within a set of financial statements, if you know what you are looking for. Aimed at demystifying the jumble of numbers contained within a set of financial statements, you will learn how to read financial statements, and will be taken through:
A short history of accounting
Knowing your debits from your credits
What is included in a set of financial statements
Putting it all together
With sample financial statements included and using worked examples, you will be taken through the process of extracting value information on any business so that you can:
Make better decisions on past performance
Set goals for future performance
Benchmark yourself against prior years, and your competitors
Identify key issues within your business that need fixing
Help improve your performance so your business is the best its ever been!
About the Author
Ian is a Chartered Accountant, with over 20 years advising business and investment clients in all aspects of business advice, taxation and accounting.
Combining his technical skills with experience preparing, reviewing and analysing financial statements, Ian is able to bring insight to making sense of the numbers and making them useful to the reader.