Ittelson's master work will give you that firm grasp of "the numbers" necessary for business success.Financial Statements is a perfect introduction to financial accounting for non-financial
managers, stock-market investors, undergraduate business and MBA students, lawyers, lenders, entrepreneurs, and more. Most introductory finance and accounting books fail either because they are
written "by accountants for accountants" or the authors "dumb down" the concepts until they are virtually useless. Financial Statements deftly shows that all this accounting and
financial-reporting stuff is not rocket science and that you can understand it! Ittelson 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.And with the book's uniquely visual approach, you'll be able to see exactly how each transaction affects the three key financial statement of
the enterprise. Two new major sections with nine new chapters were added to this revised second edition of Financial Statements, simply the clearest and most comprehensive introduction to
financial reporting available.
