How to Read a Financial Report: Wringing Vital Signs Out of the Numbers

I'm a FR newbie and the textbook for my MBA class was just confusing me. I was so lost and felt like I couldn't catch up because the textbook was in a foreign language. Then I got this book... This book has visuals that helped me connect the dots between IS, CF, and BR in a way that was logical and made sense in my mind! And the language was simple and really helped make sense of what I couldn't in the textbook. As a brand marketer who was a history/English undergrad, this helped me in my financial reporting MBA class more than I can say!!

I’ve order every financial statement book on Amazon with decent reviews, and this is the best so far. It is worth the money and will give you a great overview of the three main financial statements. The chapters are broken up into very digestible sections that don’t require a great time commitment.

This book covers the relationship between the accounts in the financial report and touch a little bit on some possible manipulations in the accounts. The explanation given were simple and straightforward. However, this book may not be suitable for beginners that just learnt about financial report. It is intended for readers who have been familiar with financial reports and wanted to strengthen their concepts. I would recommend this book together with some other books to get the full picture of what is going on.

I found this to be very useful. Can't understate how important these concepts are when valuing an investment. If that's your angle, I highly recommend. If you want to learn accounting itself, there are probably other ways to go about it. The shape of the book/pages is a little weird and drew some looks on the train, but it does give the book a smaller size while still being legible. I put it on the shelf with the spine down so it doesn't stick out into the room.

The book is great for helping one wade through the maze of financial statements. Helps make investment reports more understandable. I have read it twice and is starting round 3. Understanding improves with each revisit.

I got this along with a pamphlet on definitions and between the two of them there is way more information than I ever could use! It has helped me when reading financial reports for investing in companies to help me understand the health of the company I’m looking to invest in and so far so good!

It's a good read. However, I was already acquainted with most of the knowledge being taught.from accounting courses at universities. The most important lessons I learned are: the interconnections between the financial statements,what negative cash-flow means, how companies can massage their numbers and the meaning of a CPA's opinion. Not bad.

Financial statements are important when it comes to making calculated decisions on what to invest in. This book should be introduced to kids in school.

Clear concise and above all helpful. I have struggled with this subject for a long time ( I'm 70). The writers of those books that I previously bought just seemed to make assumptions that I would 'know' about key points( maybe they found the subject tedious) but Messers Tracy & Tracy explain all and with a touch of humour. Thank you very much.

Quick and easy but was looking forward to a better quality book.

I D LIKED THIS BOOK BECAUSE IT IS VERY WELL EXPLAINED AND IT GIVES YOU TIPS AND TRICKS TO GET THROUGH A FINANCIAL REPORT ; I RECOMMEND IT

A book of gratest help for non financial managers, and for students. It marvelously explains and clarifies the concepts of accounting, unveiling links and meanings that are not evident to everybody. Bought for me, bought again years later for my doughter, suggesting to all the people around me at work. An absolute masterpiece in its own.

Great basic introduction to balance sheets. Loved the landscape format.