"A very thorough and well-thought-through guide" - Management Today March 2007
From the Back Cover
The 3rd edition of this perennial bestseller has been thoroughly revised and brought fully up to date, providing a trusted and comprehensive guide to using and interpreting company accounts.
Reading and using company accounts are essential skills for any manager, entrepreneur or private investor. Yet most managers find analysing accounts a daunting prospect.
TheFinancial Times Guide to Using and Interpreting Accounts solves this problem by not only guiding you through the accounts but by also providing the tools to help you interpret them and make informed decisions.
The FT Guide to Using and Interpreting Company Accounts answers these questions:
- What information will I find in the accounts? What financial statements tell you about the business, how they are prepared & how they differ internationally.
- How do I analyse the accounts? Work through a full set of published accounts; learn how to approach and structure the analysis, which ratios to use, what the ratios do and do not tell you.
- How can I use my analysis? How to analyse suppliers accounts, customers accounts, competitors accounts & identify the acquisition potential of a company.
This book takes the subject of accounts into the advanced area of company analysis for those people who need more in-depth knowledge of a company's accounts before they make any major decisions regarding their involvement with that company.
Fully updated, it provides an understanding of the newest international accounting standards and the huge changes in creative accounting.
This book is essential reading for all non-financial managers who need to understand accounts and want to make more informed financial decisions.