{"product_id":"how-to-read-a-financial-report-workbook-isbn-9781394263271","title":"How to Read a Financial Report Workbook","description":"\u003cp\u003e\u003cb\u003eRead and understand financial reports like an expert, including the “big three” financial statements\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAccompanying the new 10th edition of \u003ci\u003eHow to Read a Financial Report, How to Read a Financial Report Workbook\u003c\/i\u003e provides hands-on exercises and active tools that teach readers not just how to read, analyze, and interpret a variety of financial reports but in addition, provides bonus material related to better understanding the types of capital used by companies to support business growth. To explain concepts in an easy-to-understand way, this book is lighter on text and instead features a wealth of exhibits and accompanying companion exhibits to first showcase various scenarios and then compare two scenarios using different assumptions.\u003c\/p\u003e \u003cp\u003eThis workbook also includes “in the trenches” content that enables readers to equate key concepts with commonly used “street” language in finance. In this workbook, readers will learn and expand their knowledge with:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eCash flows \u0026amp; capital sources, financial condition (i.e., the balance sheet), and profit performance reports (AKA the “big three” financial statements)\u003c\/li\u003e \u003cli\u003eBalance sheets, income statements, financial ratio analyzes, and statements of changes in shareholder equity\u003c\/li\u003e \u003cli\u003eTypical financial statement line items including earned sales revenue, costs of sales revenue, operating expenses, EBITDA, income taxes, accounts receivable, inventory, capital and other long-term assets, accounts payable, accrued liabilities, short-term debt, deferred revenue, long-term debt, and types of equity capital\u003c\/li\u003e \u003cli\u003eMost commonly used accounting and finance terminology, enabling you to speak the language of business finance\u003c\/li\u003e \u003cli\u003eBonus material that covers key concepts with understanding capital sources, the capital table (i.e., cap table), and the critically important cap stack\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003ci\u003eHow to Read a Financial Report Workbook\u003c\/i\u003e is a helpful interactive learning resource that can be used every day by investors, lenders, business leaders, analysts, and managers seeking to enhance their career path and upward mobility by gaining more knowledge in understanding financial information and performances.\u003c\/p\u003e \u003cp\u003eList of Exhibits vii\u003c\/p\u003e \u003cp\u003ePreface xiii\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart One—A Refresher Course in the Basics\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1 Starting with the Language of Finance and Cash Flows 3\u003c\/p\u003e \u003cp\u003e2 A Refresher on the Big Three Financial Statements 17\u003c\/p\u003e \u003cp\u003e3 Taking a Deeper Dive into the Statement of Cash Flows 33\u003c\/p\u003e \u003cp\u003e4 Connecting the Financial Statements by Business Cycle 47\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Two—Diving Deeper into Our Case Study\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e5 Our Case Study—Same Business, Three Different Pictures 63\u003c\/p\u003e \u003cp\u003e6 Accounts Receivable: A Closer Examination 79\u003c\/p\u003e \u003cp\u003e7 Inventory: An Asset Ripe for Errors 93\u003c\/p\u003e \u003cp\u003e8 Long-Term Assets, Useful Lives, and Non-cash Expenses 111\u003c\/p\u003e \u003cp\u003e9 Other Current Liabilities: A Breeding Ground for Abuse 125\u003c\/p\u003e \u003cp\u003e10 Bringing It All Together with Cash 139\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Three—Financial Analysis and Bonus Material\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e11 Financial Statement Ratios and Analysis: Strength 155\u003c\/p\u003e \u003cp\u003e12 Financial Statement Ratios and Analysis: Performance 169\u003c\/p\u003e \u003cp\u003e13 How to Manufacture Cash from the Balance Sheet 187\u003c\/p\u003e \u003cp\u003e14 Net Profits and Cash Flow: Real or Imaginary 199\u003c\/p\u003e \u003cp\u003e15 Deciphering the Cap Table and Cap Stack 211\u003c\/p\u003e \u003cp\u003eAbout the Author 223\u003c\/p\u003e \u003cp\u003eIndex 225\u003c\/p\u003e  \u003cp\u003eOver the past 30+ years, \u003cb\u003eTage C. Tracy\u003c\/b\u003e 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.   \u003c\/p\u003e\u003cp\u003e\u003cb\u003eActive tools and exhibits to help you read, understand, \u0026amp; use financial statements like a seasoned professional\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eFinancial statements are often complex and extremely difficult to understand for anyone other than accounting and finance professionals. Accompanying the new 10th edition of \u003ci\u003eHow to Read a Financial Report\u003c\/i\u003e, \u003ci\u003eHow to Read a Financial Report: Workbook \u003c\/i\u003eprovides the context necessary to more thoroughly read, analyze, and interpret financial accounting reports and statements, including the statement of cash flows, the financial condition of a business (i.e., the balance sheet), and the P\u0026amp;L or income statement (a.k.a. the “big three” financial statements). \u003c\/p\u003e\u003cp\u003eThis workbook not only complements the 10\u003csup\u003eth\u003c\/sup\u003e edition of \u003ci\u003eHow to Read a Financial Report,\u003c\/i\u003e but expands on key financial and accounting concepts including providing more in-depth discussions of when and how to use financial ratio analysis by offering hands-on exercises and active tools. Further, new bonus material is provided that covers critical concepts including how businesses can “manufacture” cash from their balance sheet, clearly differentiating between real and imaginary profits, and introducing “must know” concepts and strategies associated with raising equity capital and company ownership structures. \u003c\/p\u003e\u003cp\u003eA highly functional resource that can be used every day, this workbook is light on long, drawn-out explanations and instead features a wealth of exhibits to explain concepts, with accompanying companion exhibits which compare three real life case studies using different assumptions. This workbook also includes “in the trenches” content that enables readers to equate key concepts with commonly used “street” language in finance. \u003c\/p\u003e\u003cp\u003e\u003ci\u003eHow to Read a Financial Report: Workbook \u003c\/i\u003eis an ideal interactive learning resource for investors, lenders, business leaders, analysts, and managers who are hungry to enhance their career path and upward mobility by gaining more knowledge in understanding financial information and performance. For those of you who are interested in taking your knowledge of accounting and finance to the next level and gain confidence when swimming with the world’s financial sharks, this workbook is for you!\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989382775013,"sku":"NP9781394263271","price":27.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781394263271.jpg?v=1761783895","url":"https:\/\/k12savings.com\/products\/how-to-read-a-financial-report-workbook-isbn-9781394263271","provider":"K12savings","version":"1.0","type":"link"}