Includes index.

"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 new Ninth Edition of How to Read a Financial Report breaks through that language barrier, clears away the fog, and offers a plain-English user's guide to financial reports. Lurking somewhere amidst all the figures in a financial report is vitally important information about where a company has been and where it is headed. But without a guide to isolate and interpret those numbers, the dizzying array of columns and rows doesn't add up to anything. That's why thousands of professionals and savvy individuals have referred to this bestselling resource that shows anyone how to make sense of the numbers"-- Provided by publisher.

Description based on print version record and CIP data provided by publisher; resource not viewed.

Starting with cash flows -- Two bedrock financial statements -- Reporting cash flows -- Fitting together financial statements -- Sales revenue and accounts receivable -- Cost of goods sold expense and inventory -- Inventory and accounts payable -- Operating expenses and accounts payable -- Operating expenses and prepaid expenses -- Depreciation expense and property, plant, and equipment -- Accruing liability for unpaid expenses -- Income tax expense and its liability -- Net income and retained earnings, and earnings per share ( E P S ) -- Cash flow from operating (ProfitSeeking) activities -- Cash flows from Investing and financing activities -- Footnotes and management discussions -- Financial statement ratios and analysis -- Financial engineering -- CPAs and financial reports -- Basic questions, basic answers.

OCLC control number change