ANALYZING FINANCIAL STATEMENTS 25 Keys to Understanding the Numbers

A concise lesson on every aspect of corporate financial reporting. Issued by publicly held companies, financial reports help investors evaluate the worth of a company, and help executives and board members measure a company’s year-to-year performance. It’s a credit to the author that so many aspects of the process--taxation, inventories, cash flow, depreciation, capital investments, and many intangibles like R&D and market position, are so cleanly presented in such a short program. Deftly narrated by a consummate professional, it’s a compact learning experience and well worth the time of anyone who wants to grow as a manager or become a more savvy equity investor. T.W. © AudioFile 2001, Portland, Maine [Published: AUG/ SEP 01]