--- product_id: 286357 title: "Financial Statements: A Step-by-Step Guide to Understanding and Creating Financial Reports" price: "AED 96" currency: AED in_stock: true reviews_count: 13 url: https://www.desertcart.ae/products/286357-financial-statements-a-step-by-step-guide-to-understanding-creating store_origin: AE region: United Arab Emirates --- # Financial Statements: A Step-by-Step Guide to Understanding and Creating Financial Reports **Price:** AED 96 **Availability:** ✅ In Stock ## Quick Answers - **What is this?** Financial Statements: A Step-by-Step Guide to Understanding and Creating Financial Reports - **How much does it cost?** AED 96 with free shipping - **Is it available?** Yes, in stock and ready to ship - **Where can I buy it?** [www.desertcart.ae](https://www.desertcart.ae/products/286357-financial-statements-a-step-by-step-guide-to-understanding-creating) ## Best For - Customers looking for quality international products ## Why This Product - Free international shipping included - Worldwide delivery with tracking - 15-day hassle-free returns ## Description 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. Every term is defined in simple, understandable language. Every concept is explained with a basic, straightforward transaction example. And with the book's uniquely visual approach, you'll be able to see exactly how each transaction affects the three key financial statement of the enterprise. Two new major sections with nine new chapters were added to this revised second edition of Financial Statements , simply the clearest and most comprehensive introduction to financial reporting available. Review: This book is highly recommended - Book arrived in perfect used condition. The content is exactly what I needed to explain corporate bookkeeping to the layman. Very good example of office bookkeeping and financial ratios. Review: The first book for beginners in business - Thomas Ittelson has done what most authors fail to do: explain something to beginners in an understandable way. I cannot say enough good things about this book. It is aimed at beginners in business and finance. Reading, writing and understanding financial statements is essential to business and investing. If you own your own company, and it is growing, you will have to produce financial statemtns of your own. Unless you are a pure momentum investor, one who follows stock prices without a care for the actual company that this price represents, you will need to look at and understand financial data. This is the basis of most investing strategies. If you look at a financial statement as a series of unintelligible tables full of meaningless numbers, accompanied by mind numbing prose, this book will help you out immensely. It offers definitions of the financial terms and explanations of financial tables, using plain language that a non financial person can understand. The book starts with simple examples, and gradually adds on complexity. If you read the entire book, you will not be an accountant, but you will be able to understand the basic concepts of a company's financial reports. This may only represent the beginning of your investing education, or the high point of your knowledge, but it belongs in every beginning investor's library. I have been investing for over twenty years, and I keep my dog-eared copy in a place where I can easily find it. ## Technical Specifications | Specification | Value | |---------------|-------| | Best Sellers Rank | #329,543 in Books ( See Top 100 in Books ) #9 in Financial Accounting (Books) #155 in Finance (Books) | | Customer Reviews | 4.6 out of 5 stars 1,314 Reviews | ## Images ![Financial Statements: A Step-by-Step Guide to Understanding and Creating Financial Reports - Image 1](https://m.media-amazon.com/images/I/71pJfQn4PbL.jpg) ## Customer Reviews ### ⭐⭐⭐⭐⭐ This book is highly recommended *by P***G on July 25, 2026* Book arrived in perfect used condition. The content is exactly what I needed to explain corporate bookkeeping to the layman. Very good example of office bookkeeping and financial ratios. ### ⭐⭐⭐⭐⭐ The first book for beginners in business *by B***B on January 14, 2013* Thomas Ittelson has done what most authors fail to do: explain something to beginners in an understandable way. I cannot say enough good things about this book. It is aimed at beginners in business and finance. Reading, writing and understanding financial statements is essential to business and investing. If you own your own company, and it is growing, you will have to produce financial statemtns of your own. Unless you are a pure momentum investor, one who follows stock prices without a care for the actual company that this price represents, you will need to look at and understand financial data. This is the basis of most investing strategies. If you look at a financial statement as a series of unintelligible tables full of meaningless numbers, accompanied by mind numbing prose, this book will help you out immensely. It offers definitions of the financial terms and explanations of financial tables, using plain language that a non financial person can understand. The book starts with simple examples, and gradually adds on complexity. If you read the entire book, you will not be an accountant, but you will be able to understand the basic concepts of a company's financial reports. This may only represent the beginning of your investing education, or the high point of your knowledge, but it belongs in every beginning investor's library. I have been investing for over twenty years, and I keep my dog-eared copy in a place where I can easily find it. ### ⭐⭐⭐⭐⭐ Clear and concise *by J***H on February 16, 2025* I used this book for a business course in college, and it was a huge help. It breaks down financial concepts in a clear and straightforward way, making it easy to understand even for beginners. Whether you’re a student or just looking to improve your financial literacy, this is a solid choice. The product arrived in perfect condition with fast shipping. I’d recommend this textbook for anyone needing a foundation in financial statements. ## Frequently Bought Together - Financial Statements: A Step-by-Step Guide to Understanding and Creating Financial Reports - Accounting Made Simple: Accounting Explained in 100 Pages or Less (Financial Topics in 100 Pages or Less) - Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners (Basics for Entrepreneurs and Small Business Owners) --- ## Why Shop on Desertcart? - 🛒 **Trusted by 1.3+ Million Shoppers** — Serving international shoppers since 2016 - 🌍 **Shop Globally** — Access 737+ million products across 21 categories - 💰 **No Hidden Fees** — All customs, duties, and taxes included in the price - 🔄 **15-Day Free Returns** — Hassle-free returns (30 days for PRO members) - 🔒 **Secure Payments** — Trusted payment options with buyer protection - ⭐ **TrustPilot Rated 4.5/5** — Based on 8,000+ happy customer reviews **Shop now:** [https://www.desertcart.ae/products/286357-financial-statements-a-step-by-step-guide-to-understanding-creating](https://www.desertcart.ae/products/286357-financial-statements-a-step-by-step-guide-to-understanding-creating) --- *Product available on Desertcart United Arab Emirates* *Store origin: AE* *Last updated: 2026-10-17*