How to read a financial report : wringing cash flow and other vital signs out of the numbers - Tracy, John A. (New York : Wiley, 1983)
Starting with cash flows -- Introducing the balance sheet and the income statement -- Profit isn't everything -- Sales revenue : accounts receivable -- Cost of goods sold : inventory -- Inventory : accounts payable -- Operating expenses : accounts payable -- Operating expenses : accrued expenses (payable) -- Operating expenses : prepaid expenses -- Property, plant, & equipment : depreciation : accumulated depreciation -- Interest expense : accrued expenses (payable) -- Income tax expense : income tax payable -- Net income (profit) : retained earnings -- Cash flow analysis of operations -- Other sources and uses of cash -- Impact of growth versus no-growth on cash flow -- A quick diversion : the statement of changes in financial position -- Footnotes--the fine print in external financial reports -- The cost of credibility--audits by CPAs -- Manipulating the numbers--a legitimate game -- The cost of goods sold conundrum -- Accelerated or straight-line depreciation? -- Ratios for creditors and investors -- Let's see what you've learned.
Includes index.
Keywords: Financial statements