{"product_id":"financial-statements-by-thomas-r-ittelson-9781632652072","title":"Financial Statements","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003cstrong\u003eSimply the clearest and most comprehensive introduction to financial reporting available. No accounting background is required.\u003c\/strong\u003e\u003c\/p\u003e\n\n\u003cp\u003e\"Finally, a handbook that takes the mystery out of accounting principles.\" - Margi Gandolfi, VP Marketing\/Strategic Planning of New York Blood Center\u003c\/p\u003e\n\n\u003cp\u003eThis edition replaces all previous editions of this bestselling title based on the revised and expanded edition corrected and back to the basics.\u003c\/p\u003e\n\n\u003cp\u003e\u003cem\u003eFinancial Statements\u003c\/em\u003e is a perfect introduction to financial accounting for non-financial managers, investors, business students, lawyers, lenders, entrepreneurs, and more. \u003cem\u003eFinancial Statements\u003c\/em\u003e deftly shows that all this accounting and financial-reporting stuff is not rocket science and that anyone can understand it!\u003c\/p\u003e\n\n\u003cp\u003eIttelson empowers non-financial managers by clearly and simply demonstrating how the balance sheet, income statement, and cash flow statement work together to offer a snapshot of any company's financial health. Every term is defined in simple, understandable language. Every concept is explained with a basic, straightforward transaction example. With the book's uniquely visual approach, you'll be able to see exactly how each transaction affects the three key financial statements of the enterprise. Each statement paints a different and essential picture—the \"three-legged stool\" of company reporting:\u003c\/p\u003e\n\n\u003cp\u003eThe \u003cstrong\u003eincome statement\u003c\/strong\u003e shows the manufacturing (or service offerings) and selling actions of the company that result in profit or loss during a period. It gives a very important perspective on the company's performance, its profitability.\u003c\/p\u003e\n\n\u003cp\u003eThe \u003cstrong\u003ecash flow statement\u003c\/strong\u003e details cash into and out of the company for a period. You need money to make money. Running out of cash is bad. Duh.\u003c\/p\u003e\n\n\u003cp\u003eThe \u003cstrong\u003ebalance sheet\u003c\/strong\u003e records, at the end of a period, an instant in time, what the company owns and what it owes, including the owners' stake, called shareholders' equity.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Hachette Aotearoa New Zealand","offers":[{"title":"Default Title","offer_id":47596406964460,"sku":"9781632652072","price":44.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/82032f17a64034058caa0830f5951943.jpg?v=1777929426","url":"https:\/\/bookhero.co.nz\/products\/financial-statements-by-thomas-r-ittelson-9781632652072","provider":"Book Hero","version":"1.0","type":"link"}