Financial Statements: A Step-by-Step Guide to Understanding and Creating Financial Reports

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Now the best-selling book of its kind has gotten even better. This revised and expanded second edition of Ittelson's
master work will give you that firm grasp of "the numbers" necessary for business success. With more than 100,000 copies
in print, Financial Statements is a perfect introduction to financial accounting for non-financial managers,
stock-market investors, undergraduate business and MBA students, lawyers, lenders, entrepreneurs, and more. Most
introductory finance and accounting books fail either because they are written "by accountants for accountants" or the
authors dumb down the concepts until they are virtually useless. Financial Statements deftly shows that all this
accounting and financial-reporting stuff is not rocket science and that you can understand it! Ittelson empowers
non-financial managers by clearly and simply demonstrating how the balance sheet, income statement and cash flow
statement work together to offer a snapshot of any company's financial health.


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