The FT Guide to Using and Interpreting Company Accounts answers these questions:*What information will I find in the accounts? What financial statements tell you about the business, how they are prepared & how they differ internationally. *How do I analyse the accounts? Work through a full set of published accounts; learn how to approach and structure the analysis, which ratios to use, what the ratios do and do not tell you. *How can I use my analysis? How to analyse suppliers accounts, customers accounts, competitors accounts & identify the acquisition potential of a company.This book takes the subject of accounts into the advanced area of company analysis for those people who need more in-depth knowledge of a company's accounts before they make any major decisions regarding their involvement with that company. Fully updated, it provides an understanding of the newest valuation analysis techniques, modern international accounting standards and the huge changes in creative accounting. This book is essential reading for all non-financial managers who need to understand accounts and want to make more informed financial decisions.
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Wendy McKenzie founded MTA - McKenzie Training Associates, a financial training consultancy, over twenty years ago. She has an international reputation as a financial trainer, working with a range of campanies and organizations. She is author of a number of tuition guides on all aspects of finance and a textbook Unlocking Company Accounts.
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