Financial Statements

The Ultimate Guide to Financial Statements Analysis for Business Owners and Investors

By: Greg Shields

Narrated by: Michael Reaves

Say goodbye to scratching your head in confusion.

This audiobook on financial statements for business owners and investors could be the answer you're looking for....

If you have your own business, understanding financial statements better will help you get more profit out of your business, and this will also help you recognize warning signs in the accounts. Knowing your way around financial statements will help you spot trends in working capital that might mean you need to raise fresh finance, for example. You'll also be able to use financial statements of other companies in your sector to set your business benchmarks that can help improve your performance.

This audiobook starts with a little introduction to accounting basics - the principles behind financial statements - and to the auditing process, just to set the scene. Then we go through the three main statements - profit and loss, balance sheet, and cash flow - and explain how they work and what the different items in them mean. After that, we get into the real meat of the book, looking at sample accounts and discussing how to calculate ratios that will tell you a lot about the health of the business. Also, where to look in the notes to the accounts to find out "where the bodies are buried"!

Here are just some of the topics that are discussed in this audiobook:

• Accounts and audit
• The profit and loss account
• The balance sheet
• Sources and uses of funds
• Notes to the accounts
• Running the ratios
• Putting it into practice
• Depreciation and amortization – a closer look
• A few tips for the business owner or manager
• And much more

Listen to this audiobook now to learn more about financial statements!

©2018 Greg Shields (P)2018 Greg Shields

I would highly recommend this book.

I would highly recommend this book to anyone who does not know anything about accounting. I am considering starting a business and have been educating myself on various topics. Although, I have a science/math background, I have never taken an accounting course.

Awesome book to learn from scratch.

Awesome book to learn from scratch. Explains things in plain English. And of course, for a fraction of other textbooks or classes. A best 3-4 day crash course in basic accounting and financial statement analysis.

If I can give it 100 stars,

I was very confused the first time at investopedia and couldn't understand a whole lot. But after reading this book and how simple and easy to understand it is, I can understand finance in general and learn a lot of finance vocabularies with a lot less effort.

The best book on Financial Statement.

This book is a gem. I had absolutely no background in finance. With some help from a formal class plus two other books I am doing fine now just within a short span of two months.

Simply and the best to loearn FS.

A solid foundation is critical to understanding concepts. So you'd think most books would spend a lot of time ensuring and clarifying the basics, right? Wrong! Simply not true! Most of the accounting/finance books just don't get into clarifying the very basics - the confusing array of terms used, how they fit together, what they actually mean in a real world setting, etc.