Accounting Statement Preparation and Analysis (Third Edition)

Author: Chen Xisheng
Publisher:
Publish Date: 2006-05-01
Features: Financial accounting reports are the results of a company's financial accounting work and the primary means by which a company provides financial information to the outside world. Through reading and analyzing financial accounting reports, owners, managers, and external report users can gain a comprehensive understanding of a company's operational and financial status, evaluate its operational performance, clarify its competitive position, and predict its future prospects. This book is based on the three main financial accounting reports in the financial accounting report system, namely the balance sheet, income statement, and cash flow statement. It primarily elaborates on the methods of preparation and deduces various accounting report analysis techniques widely used in financial, corporate management, investment, and credit activities in developed market economies. This is done to gain insights into the financial quality of a company and provide a reliable basis for its correct financial decisions.