Financial reports provide vital information to investors, lenders, and managers. Yet, the financial statements in a financial report seem to be written in a foreign language that only accountants can understand. This Seventh Edition of "How to Read a Financial Report" breaks through the language barrier, clears away the fog, and offers a plain-English user's guide to financial reports. The book helps you get a sure-handed grip on the profit, cash flow, and financial condition of any business. Here's what's new in the Seventh Edition: Discussion of the transition to international accounting and financial reporting standards. A streamlined centerpiece exhibit used throughout the book to explain connections between the three financial statements. An integrated section on analyzing profit, cash flow, and solvency for investors, lenders, and managers (now Part Two in this edition). Reflection on financial reporting and auditing in the post-Enron era....

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