How to Write a Financial Report: Communicating Critical Financial Signs From the Numbers - Softcover

Tracy, Tage C.

Softcover

ISBN 10: 1394263341 ISBN 13: 9781394263349

Publisher: Wiley, 2024

Synopsis

Complete guide to understanding and writing financial reports with clear communication

Accompanying the hugely successful How to Read a Financial Report, How to Write a Financial Report is your non-specialist and jargon-simplified guide to the art of writing a financial report and effectively communicating critical financial information and operating results to your target audience. This book also covers utilizing different KPIs and types of reports and statements to convey a cohesive quantitative story to everyone reading your report, even if they aren't experts in accounting and finance.

This book pays special attention to the “big three” financial statements, the differences between internal and external financial information/reports, and confidentiality factors, disclosure levels, and risk elements when deciding which information to include. This book also discusses important elements in financial reports, including:

• Providing an expanded understanding of the big three financial statements and how these act as the base food which feeds the financial reporting beast.
• Producing financial reports that keep the audience engaged, focused, and educated.
• Learning how to speak the base language of accounting and finance.
• Diving deeper into financial stability and operating results by using ratios, trends, and variance analyzes to improve financial reporting.
• Offering examples of real financial reports for hands on reference and use in the real world.

With everything readers need to write, analyze, and communicate financial accounting reports, How to Write a Financial Report earns a well-deserved spot on the bookshelves of investors, lenders, business leaders, analysts, and managers seeking to improve their writing and comprehension skills, along with investors seeking to better understand where financial information comes from and how it is presented.

About this title

About the Author

Over the past 30+ years, Tage C. Tracy has operated a financial consulting firm focused on offering CFO/executive-level support and planning services to private companies on a fractional basis, working primarily with startups, rapid growth companies, strategic exits and acquisitions, and turnarounds and challenged environments.

From the Back Cover

Learn how to write effective and easy-to-understand financial reports

How to Write a Financial Report accompanies the hugely successful How to Read a Financial Report (now in its 10th Edition) and helps readers learn the essential skills needed to write, analyze, and communicate financial and accounting reports, statements, and information. Designed specifically for non-specialists, this reader-friendly resource covers the fundamentals of financial reporting and writing in jargon-free English. The books value is enhanced by offering the unique view of not just how financial information is interpreted from external parties reading financial reports from the “outside looking in”, but more importantly, how financial information is accumulated, prepared, and reported from the “inside looking out”, to the target audience, whether external professionals or internal management.

Veteran financial consultant and author Tage C. Tracy breaks down the content provided in this book into three easy-to-understand parts. To start, part one helps readers understand the importance of effectively communicating financial information to their target audience, especially concerning where the data is sourced from, how the data is consolidated, and more. The basics of financial statements, reports, and information is covered second, as no one can write a financial report without this fundamental knowledge. Tracy concludes by discussing the importance of utilizing different financial statements, reports, information, KPIs, and other strategies in presenting the financial performance story that needs to be communicated to all the readers of your report, even if they aren’t experts in accounting and finance.

How to Write a Financial Report earns a well-deserved spot on the bookshelves of investors, lenders, business leaders, analysts, and managers looking for the practical knowledge needed to write an effective and communicative financial report from start to finish.

Edition details

• Publisher: Wiley
• Publication date: 2024
• Language: English
• ISBN 10: 1394263341
• ISBN 13: 9781394263349
• Binding: Paperback
• Edition number: 1
• Number of pages: 224