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    MBA ASAP Reading and Understanding Financial Statements
    MBA ASAP Reading and Understanding Financial Statements
    MBA ASAP Reading and Understanding Financial Statements
    Ebook50 pages23 minutes

    MBA ASAP Reading and Understanding Financial Statements

    By John Cousins

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    About this ebook

    I really enjoyed reading it being a Corporate Finance professional. It's the best piece of info to read to know the main areas of Corporate Finance.

    Aqeel Javed

    After reading John Cousins' book I was finally able to understand a subject that has been, for me, very foreign and intimidating. He makes the topic of corporate finance accessible to people like me who need the knowledge but easily get lost "in the weeds". Clear and very easy to digest and apply!

    Lizabeth

    I have read both Understanding Financial Statements and Corporate Finance.  The material is very well organized in an absolutely necessary short-form, giving exactly the core values of the subject.

    Petros

    ________________________________

    Being able to read and understand financial statements is a fundamental skill to understanding how businesses function. Since financial statements are the end product of accounting, understanding them provides the context for understanding accounting. Being able to read financial statements will also help you make better investment decisions in the stock market because you will be able to get meaningful information out of an Annual Report or a 10K. If you are an entrepreneur planning a start up then understanding financial statements is critical as you meet with investors and VCs.

    _________________________________

    MBA ASAP is dedicated to helping you learn skillsets that will make you more valuable at your job, help you start something on the side, or let you quit your job and start your own business.

    We focus on helping overcome the fear and intimidation of diving into subject matter that is embedded with arcane buzzwords and sophisticated concepts. By applying concepts of accelerated learning we break down business subjects and disciplines and give you the core 20% knowledge that gets you 80% of the practical skills and knowledge ASAP.

    Whether its corporate finance, entrepreneurship and startups, accounting, understanding financial statements, becoming a better negotiator, management and leadership, digital marketing and growth hacking, or how to draft and file a patent; we give you what you need to get to work. 

    LanguageEnglish
    PublisherJohn Cousins
    Release dateJul 1, 2017
    ISBN9781386876175
    MBA ASAP Reading and Understanding Financial Statements
    Author

    John Cousins

    I am the author of Learn Accounting Fast!, Managing and Leading Organizations and People, Reading and Understanding Financial Statements, MBA ASAP, and nine other books.  I am the founder of mba-asap.com, an "online business education community" chock full of business skills and knowledge on the web. Check out the website and sign up for our free newsletter which is chock full of the latest trends and business skills information.  Previously, I was CEO of Biomoda, a biotech company developing innovative cancer diagnostics. I was also the CFO of several public companies for 15 years. For the past decade I have also been teaching business classes at a number of universities and colleges.  Writing these books has been a wonderful opportunity to gather and organize my thoughts and experiences and share them. I have a BA from Boston University and an MBA from Wharton. Follow my blog at: http://www.mba-asap.com/index.php/blog-business_skills_and_knowledge/feed/

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    • 5/5
      MBA ASAP Reading and Understanding Financial Statements is a quick and simple way to understand the larger picture of accounting. As a former student with a degree in accounting, I wanted to learn how financial statements were interconnected rather than get lost in the small details that was taught in school. This offers a quick summary that is easy to understand. I would like to see more examples and/or a tutorial with someone reading financial statements and making decisions on a company's health.
      Thank you, Mr. Cousins for your ebook.

    Book preview

    MBA ASAP Reading and Understanding Financial Statements - John Cousins

    Introduction

    Financial Statements.jpg Being able to read and understand financial statements is a fundamental skill to understanding how businesses function. Since financial statements are the end product of accounting, understanding them provides the context for understanding accounting. Being able to read financial statements will also help you make better investment decisions in the stock market because you will be able to get meaningful information out of an Annual Report or a 10K. If you are an entrepreneur planning a start up then understanding financial statements is critical as you meet with investors and VCs.

    I hope you find this e book helpful as an introduction, refresher, or reference. Email with any comments or questions you have at john.cousins@mba-asap.com

    I enjoy hearing from and connecting with you!

    John Cousins

    Financial Statements

    Accounting information is prepared, organized, and conveyed is in Financial Statements. Financial statements are reports in which accounting information is organized so users of financial information have a consistent, quick, and thorough means of reading and understanding what is going on in the business. 

    There are two basic financial statements: the Balance Sheet and the Income Statement. 

    Interested parties need to understand the financial and accounting activities of a business.  The Balance Sheet and Income Statement are a formal record of the financial activities of a business. They are presented in a structured manner and in a form that is consistent and easy to understand once you understand the format.

    Financial Statements provide a high level view of accounting and a summary of how a business is performing. They provide a quick picture that can be easily compared across businesses and industries. Understanding how to read and analyze a Balance Sheet and Income Statement is a great place to start understanding accounting and

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