TY - BOOK AU - Tracy,John A. TI - How to read a financial report: wringing vital signs out of the numbers SN - 0471327069 : AV - HF5681.B2 T733 1999 PY - 1999/// CY - New York PB - Wiley KW - Financial statements N1 - Includes index; Starting with Cash Flows -- Introducing the Balance Sheet and Income Statement -- Profit Isn't Everything -- Sales Revenue and Accounts Receivable -- Cost of Goods Sold Expense and Inventory -- Inventory and Accounts Payable -- Operating Expenses and Accounts Payable -- Operating Expenses and Prepaid Expenses -- Fixed Assets, Depreciation Expense, and Accumulated Depreciation -- Accruing Unpaid Operating Expenses and Interest Expense -- Income Tax Expense and Income Tax Payable -- Net Income and Retained Earnings; Earnings Per Share (EPS) -- Cash Flow from Profit -- Cash Flows from Investing and Financing Activities -- Growth, Decline, and Cash Flow -- Footnotes--The Fine Print in Financial Reports -- The Cost of Credibility--Audits by CPAs -- Accounting Methods and Quality of Earnings -- Making and Changing the Rules -- Cost of Goods Sold Conundrum -- Depreciation Dilemmas -- Ratios for Creditors and Investors -- A Look Inside Management Accounting -- A Few Parting Comments N2 - Lurking somewhere amidst all the figures in a financial report is vitally important information about where a company has been and where it is headed. But without a guide to isolate and interpret those numbers, the dizzying array of columns and rows doesn't add up to a hill of beans. That's why thousands of professionals and savvy individuals have referred to this bestselling resource that shows anyone how to make sense of all those numbers. Updated throughout, this edition features new information on tax reform, depreciation methods, spotting fraudulent reporting, and recent FASB rulings. Also, all exhibits have been made easier to follow ER -