Financial Statements. A Step By Step Guide to Understanding and Creating Financial Reports

Customer Reviews

Easy to understand

2008-09-29
Financial statement exposure has been limited for me until recently in my career and this book has helped me understand the many dynamics of financials and the relationship between them. Great resource and learning tool.

Outstanding introduction to accounting.

2008-09-04
This is an outstanding introduction to accounting and it is rare that I've seen books this good. This is not to say that you can put the book under your pillow and expect your head to absorb its contents overnight, as it will still require time and effort on your part to get a good understanding of accounting. But it is hard to imagine a book better suited for newcomers to accounting. (Please note that I'm not affiliated with the author in any way.)

Good book

2008-08-16
I was a business major in college, and took a few accounting classes. I haven't used accounting much since then, but needed to brush up. This book worked out great.

Well written, easy to understand

2008-03-24
This book is an easy read, but like any great book, it leads to a deeper understanding of the subject matter. I'll be referring back to it frequently.

Good but not consise

2008-02-09
It's clear and detailed. If you follow every step you will definitely understand everything. However, there are many overlaps which you may not need.

Excellent book to develop the foundations of financial accounts

2008-01-21
Finally, a resourceful and unique primer on financial statements that uses a creative and different approach to explain every kind of financial report a small business owner or manager needs to succeed. Through an unique visual approach, this book leads users to a clear understanding of how business scores are kept and how to interpret the results.From balance sheets, cash flow statements and income statements, learn how to understand the basic elements that will pave the way to achieving financial success.

Best EZ read

2008-01-18
I have not read a book in many, many years... mainly because I have a very short attention span. If the point does not get accross in 2 seconds, my mind drifts to lala land.... Miraculously, I have read it many times over.

This was such an easy read. Retention is aided by the large print & clear diagrams showing how each transaction affects all the statements (without the unnecessary, complex verbage.)

So far, this has been the only book I have found to affectively explain how the finacial statements are linked. This is a perfect reference guide for experienced professionals & a must for the classroom.

Honestly, I got more out of this book than my BA in accounting & MBA in finance. Thank you!!!

Really helpful

2008-01-07
This book was for a business class and it was very helpful and informative. I will be keeping this one for reference later, as it's easy enough to understand for the future after I've forgotten all that I learned.

Excellent

2007-09-10
I'm in an MBA program and have had numerous undergraduate accounting classes. This book is fantastic. It is FAR superior to "How To Read A Financial Report" by John Tracy. "Financial Statements: A Step-By-Step Guide to Understanding and Creating Financial Reports" by Thomas R. Ittelson is clear and concise. It's the best book I've found on the subject. I highly recommend it!

A Sound Basic Review of Financials

2007-09-07
A sound review of what I learned almost 40 years ago and have not used in about 25 years. Brought back what I learned and used years ago.