Description
Book SynopsisGain a comprehensive understanding of how businesses produce, report, and utilize essential financial information!
In this companion to How to Read a Financial Report, 9th Edition, bestselling financial author Tage Tracy delivers timeless knowledge on one of the most important functions of every business operating within the free market. Designed for managers, entrepreneurs, investors, and others who deal with vital financial information and the production of financial statements & reports on the inside, Business Financial Information Secrets shows you how to produce, understand, and utilize financial information to the greatest effect for your business and the economy at large. This book guides you through the surprisingly clean and simple process of proper accounting and reporting, regardless of your organization's size or structure.
Cash flow and business capital management are covered extensively throughout the book as without a thorough unders
Table of Contents
Part One – The What, When, & Where of Producing Best in Class Financial Information
1.) The Big Three Financial Statements.
2.) Externally Prepared Financial Reports & Statements.
3.) Internally Generated Financial Information.
4.) The Importance of Completeness.
5.) Accuracy vs. Reliability, not to be Confused.
6.) Reliability & Timeliness, the Best of Friends.
7.) Business Cycles & Financial Connections.
Part Two – How to Analyze Financial Information and Its Meaning
8.) Basic Financial Ratio Analysis & Terminology.
9.) Advanced Financial Ratio Analysis, & Terminology.
10.) Projections & Forecasts – Living & Rolling.
11.) Flash Reports & KPI’s
12.) Wall Streets’ Latest Trick – Financial Engineering.
Part Three – Why is the Financial Information So Critical and How to Use it to Your Advantage
13.) Capitalizing a Business.
14.) Net Profits & Cash Flows – Real or Imaginary!
15.) Business Valuations – Why & How?
16.) Business Acquisitions – The Basics.
17.) Deciphering the Cap Table.
