How to Read a Financial Report Workbook: Wringing Vital Signs Out of the Numbers - Paperback

by Tage C. Tracy (Author)

Read and understand financial reports like an expert, including the "big three" financial statements

Accompanying the new 10th edition of How to Read a Financial Report, How to Read a Financial Report Workbook provides hands-on exercises and active tools that teach readers not just how to read, analyze, and interpret a variety of financial reports but in addition, provides bonus material related to better understanding the types of capital used by companies to support business growth. To explain concepts in an easy-to-understand way, this book is lighter on text and instead features a wealth of exhibits and accompanying companion exhibits to first showcase various scenarios and then compare two scenarios using different assumptions.

This workbook also includes "in the trenches" content that enables readers to equate key concepts with commonly used "street" language in finance. In this workbook, readers will learn and expand their knowledge with:

• Cash flows & capital sources, financial condition (i.e., the balance sheet), and profit performance reports (AKA the "big three" financial statements)
• Balance sheets, income statements, financial ratio analyzes, and statements of changes in shareholder equity
• Typical financial statement line items including earned sales revenue, costs of sales revenue, operating expenses, EBITDA, income taxes, accounts receivable, inventory, capital and other long-term assets, accounts payable, accrued liabilities, short-term debt, deferred revenue, long-term debt, and types of equity capital
• Most commonly used accounting and finance terminology, enabling you to speak the language of business finance
• Bonus material that covers key concepts with understanding capital sources, the capital table (i.e., cap table), and the critically important cap stack

How to Read a Financial Report Workbook is a helpful interactive learning resource that can be used every day by investors, lenders, business leaders, analysts, and managers seeking to enhance their career path and upward mobility by gaining more knowledge in understanding financial information and performances.

Back Jacket

Active tools and exhibits to help you read, understand, & use financial statements like a seasoned professional

Financial statements are often complex and extremely difficult to understand for anyone other than accounting and finance professionals. Accompanying the new 10th edition of How to Read a Financial Report, How to Read a Financial Report: Workbook provides the context necessary to more thoroughly read, analyze, and interpret financial accounting reports and statements, including the statement of cash flows, the financial condition of a business (i.e., the balance sheet), and the P&L or income statement (a.k.a. the "big three" financial statements).

This workbook not only complements the 10^th edition of How to Read a Financial Report, but expands on key financial and accounting concepts including providing more in-depth discussions of when and how to use financial ratio analysis by offering hands-on exercises and active tools. Further, new bonus material is provided that covers critical concepts including how businesses can "manufacture" cash from their balance sheet, clearly differentiating between real and imaginary profits, and introducing "must know" concepts and strategies associated with raising equity capital and company ownership structures.

A highly functional resource that can be used every day, this workbook is light on long, drawn-out explanations and instead features a wealth of exhibits to explain concepts, with accompanying companion exhibits which compare three real life case studies using different assumptions. This workbook also includes "in the trenches" content that enables readers to equate key concepts with commonly used "street" language in finance.

How to Read a Financial Report: Workbook is an ideal interactive learning resource for investors, lenders, business leaders, analysts, and managers who are hungry to enhance their career path and upward mobility by gaining more knowledge in understanding financial information and performance. For those of you who are interested in taking your knowledge of accounting and finance to the next level and gain confidence when swimming with the world's financial sharks, this workbook is for you!