Broaden your knowledge by examining other businesses, for example, ones like those in the famous soaps; their shops, their pubs and their garages.
Expose you to retail, production and service businesses, using the same approach as described in ‘Understand Accounting’.
Give you practice in creating financial statements from basic data.
Turn you into a financial detective.
Cash is King.
Cash is like blood, it needs to keep circulating – and if a company loses too much of it then it is likely to die!
‘Understand Financial Statements and How to Analyse Them’ will be
available in 2017. It will:
explain how to amend the cash flow statement to make it tell a more revealing story.
discuss how to use ratios to assess a company’s performance and viability.
use a conversational form, as in ‘Understand Accounting’.