"Financial Times" Guide to Using and Interpreting Company Accounts (The Financial Times Guides) - Hardcover

McKenzie, Wendy

Hardcover

ISBN 10: 0273607286 ISBN 13: 9780273607281

Publisher: Financial Times Prentice Hall, 1994

Synopsis

Reading and using company accounts is an essential skill for any manager. Yet most managers find analysing accounts a daunting prospect.
The Financial Times Guide to Using and Interpreting Company Accounts solves the problem but not only guiding you through the accounts but also by providing the tools to help you interpret them and make informed decisions.
The book begins by illustrating the information to be found in the accounts and looks at the key elements of financial statements. It looks at each statement in the accounts, identifies what they tell you and explains how to read the relevant notes in both UK and overseas accounts. The author then moves on to illustrate what these say about a company's financial performance and shows how to calculate the relevant ratios from a set of published accounts and how to use them to best affect. The final section of the book shows you how to apply this knowledge on a daily basis, in negotiations with your suppliers and customers, in assessing the financial performance of competitors and identifying the acquisition potential of a company.

About this title

Review

"A very thorough and well-thought-through guide" - Management Today March 2007

From the Back Cover

The 3rd edition of this perennial bestseller has been thoroughly revised and brought fully up to date, providing a trusted and comprehensive guide to using and interpreting company accounts.

Reading and using company accounts are essential skills for any manager, entrepreneur or private investor. Yet most managers find analysing accounts a daunting prospect.

TheFinancial Times Guide to Using and Interpreting Accounts solves this problem by not only guiding you through the accounts but by also providing the tools to help you interpret them and make informed decisions.

The FT Guide to Using and Interpreting Company Accounts answers these questions:

• What information will I find in the accounts? What financial statements tell you about the business, how they are prepared & how they differ internationally.
• How do I analyse the accounts? Work through a full set of published accounts; learn how to approach and structure the analysis, which ratios to use, what the ratios do and do not tell you.
• How can I use my analysis? How to analyse suppliers accounts, customers accounts, competitors accounts & identify the acquisition potential of a company.

This book takes the subject of accounts into the advanced area of company analysis for those people who need more in-depth knowledge of a company's accounts before they make any major decisions regarding their involvement with that company.

Fully updated, it provides an understanding of the newest international accounting standards and the huge changes in creative accounting.

This book is essential reading for all non-financial managers who need to understand accounts and want to make more informed financial decisions.

Edition details

• Publisher: Financial Times Prentice Hall
• Publication date: 1994
• ISBN 10: 0273607286
• ISBN 13: 9780273607281
• Binding: Hardcover
• Language: English
• Number of pages: 224