Friday, May 4, 2012

My Favorite Basic Company Financials Book

This has to be my favorite basic company financials book.

Using a hypothetical example of an apple sauce company, the authors take you step by step though a company's balance sheet, define terms like costs and expenses, show you the proper sequence of math you go through (like depreciation or sales), how different costs and earnings affect each other and where to enter each financial transaction.

Of course, you'll want to graduate to advanced financial statement books, but this is a great start.
Book Cover

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