Ittelson’s master work will provide you with that firm understanding of “the quantities” essential for business success. Financial Statements is definitely a perfect launch to economic accounting for non-financial managers, stock-market investors, undergraduate business and MBA students, lawyers, lenders, business owners, and more. Many introductory fund and accounting books fail either because they are created “by accountants for accountants” or the writers “dumb down” the concepts until these are virtually ineffective. Financial Statements deftly shows that all of this accounting and financial reporting stuff is not rocket science and you could understand it! Ittelson empowers nonfinancial managers by clearly and simply demonstrating how the stability sheet, income declaration and cashflow statement interact to provide a “snapshot” of any company’s financial health. Every term is normally defined in basic, understandable vocabulary. Every concept is explained with a basic, straightforward transaction example. Because of this, you’ll be able to see exactly how each deal impacts the three key financial statements from the enterprise.