This book is great for anyone ranging from beginner to intermediate knowledge of financial reports.I have taken accounting and finance classes in college.This book tells the same things that 600 page textbooks and hours and hours of lecture can tell you, but it does so in an easy to understand and concise manner.Most important it explains the relationships clearly between the income statement, balance sheet, and cashflow statement.This book would be great for anyone starting an education in finance or for any investor trying to broaden their knowledge base.If you invest in stocks, you should learn how to read financial statements.This book will give you some much needed knowledge that you can use as you scour for companies to invest in.
This author takes pride in his writing.John A. Tracy is a professor of accounting, but his knack for concise explanations and the clear use of the English language is evident throughout.
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