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: The 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: The 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.