Financial Statements
Learning from Them & Making Them Work for You

This audiobook focuses on the core knowledge you need to understand financial statements If you have a basic knowledge of accounting, this audiobook will demonstrate ways to make your financial statements more helpful and transparent for use by companies, investors, suppliers, and other stakeholders. The author points out that many businesses today have far less financial complexity than they used to have due to not having factories, fewer if any physical assets, but now have a new burden to account for intellectual property, brands, good will, and other intangibles. The author recommends that companies consolidate categories when possible so the financial statements are more useful to make business decisions. The author suggests ways to most effectively portray and use the financial statements with outside parties.This audiobook includes 11 sections:1. Introduction2. Balance Sheet3. Income Statement4. Cash Flow5. Balance Sheet: The Elements6. Income Statement: The Elements7. Cash Flow: The Elements8. How to Use Them9. Investor Perspective: Open Space vs. Anchors10. Credit: Trip Points11. Summary