Financial Statements Demystified

This book is not just about the pieces of a financial statement. It also describes--in layman's terms--the processes needed to read and interpret financial statements accurately. The authors not only identify key components of financial statements, but explain what and why certain pieces of information are included, and why they may not be. Designed for the reader with little or no accounting or business background, this book explains the basic elements common to the preparation of the four financial statements: Income statement, Balance Sheet, Statement of Stockholder's Equity, and Statement of Cash Flows.