Understanding and interpreting accounts in a week teach yourself
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Understanding and interpreting accounts in a week teach yourself
ROGER MASONUNDERSTANDINGINTERPRETATINGACCOUNTSI N a w E EKMake sense of financial statements in seven simple stepsTeachYourselfUnderstanding and Inter Understanding and interpreting accounts in a week teach yourselfrpreting AccountsIn A WeekRoger MasonRoger Mason is a Chartered Certified Accountant V practical experience as a Finance Director at a number ot global companies. He now lectures on financial and business topics. In addition, he has edited a financial publication and written many books.ContentsIntr Understanding and interpreting accounts in a week teach yourselfoductionSunday: The right approachMonday: An introduction to accountsTuesday: The profit and loss account or income statementWednesday: The balance shUnderstanding and interpreting accounts in a week teach yourself
eet or statement of financial positionThursday: Using ratios to interpret accountsFriday: Cash flow statement and group accountsSaturday: The reports7ROGER MASONUNDERSTANDINGINTERPRETATINGACCOUNTSI N a w E EKMake sense of financial statements in seven simple stepsTeachYourselfUnderstanding and Inter Understanding and interpreting accounts in a week teach yourself than they are today. To take just one example, millions of people are investors, perhaps indirectly, and are sent accounts and financial information relating to the companies in which they invest. Even non-financial managers are often involved in budgeting and regular financial reporting. They are Understanding and interpreting accounts in a week teach yourselfexpected to understand the accounts put in front of them and to contribute to the analysis and interpretation of the figures. It is important that manUnderstanding and interpreting accounts in a week teach yourself
agers understand the principles of analysing and interpreting accounts. They will then be able to deal with such questions as:•Is our customer in trouROGER MASONUNDERSTANDINGINTERPRETATINGACCOUNTSI N a w E EKMake sense of financial statements in seven simple stepsTeachYourselfUnderstanding and Inter Understanding and interpreting accounts in a week teach yourselfswer these questions. By setting aside a little time each day for a week, you will greatly increase your understanding of accounts and how to interpret them.This book lias been written with reference to the law of the United Kingdom and with reference to UK accounting standards and international acc Understanding and interpreting accounts in a week teach yourselfounting standards. Laws vary from country to country. Most but not all of the world uses international accounting standards. This book should be usefuUnderstanding and interpreting accounts in a week teach yourself
l to all readers, but these differences should be kept in mind.It will be a great help if you get hold of a set of accounts and examine them as explaiROGER MASONUNDERSTANDINGINTERPRETATINGACCOUNTSI N a w E EKMake sense of financial statements in seven simple stepsTeachYourselfUnderstanding and Inter Understanding and interpreting accounts in a week teach yourselfto obtain accounts and on Monday it is explained how tills can be done. The book contains 70 end-of-chapter questions, each with four possible answers. The correct answers are given at the end of the book. I do hope that you attempt them. If you get 60 correct, that is a good score - anything higher Understanding and interpreting accounts in a week teach yourself is exceptional.I have enjoyed writing this book and I hope that you enjoy reading it. or at the very least find it usefill. My best wishes for your fUnderstanding and interpreting accounts in a week teach yourself
uture success.Roger MasonDuring the rest of the week we will be examining in detail various aspects of accounts. We will see how everything fits togetROGER MASONUNDERSTANDINGINTERPRETATINGACCOUNTSI N a w E EKMake sense of financial statements in seven simple stepsTeachYourselfUnderstanding and Inter Understanding and interpreting accounts in a week teach yourselfge and we will get the best results if we approach it in the right way. Furthermore, we need to know about the many problems and traps that await US. So we will spend today preparing for what lies ahead. Our time will not be wasted.The various aspects that we examine comprise: Understanding and interpreting accounts in a week teach yourselfROGER MASONUNDERSTANDINGINTERPRETATINGACCOUNTSI N a w E EKMake sense of financial statements in seven simple stepsTeachYourselfUnderstanding and InterGọi ngay
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