The Balance Sheet Pocketbook
Many people are discouraged in their attempts to understand financial statements and balance sheets either by the jargon used by accountants or the level of fear associated with the getting the numbers wrong. This book provides the skills to approach financial models, balance sheets and profit and loss acounts with confidence.
Author: Anne Hawkins & Clive Turner
Pages: 112
The Balance Sheet Pocketbook begins by constructing a model to show how money works within a business, i.e. where funds come from and how they are used. The structure of the balance sheet and the profit and loss reports are then examined and explained within the context of this model. Common misconceptions are frequently highlighted and financial jargon is clearly unravelled.
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