Book description
This concise and informative guide to the financial statements of
companies has been thoroughly revised and updated for this new
edition.
The language of accounting and finance is presented in a clear and
accessible manner. No previous knowledge of accountancy is assumed and
the emphasis is on analysis and interpretation rather than accounting
techniques. Referring throughout to the financial statements of actual
companies, Professor Parker shows not only how to read a balance sheet
but also what investors should look out for. He explains many
important financial and accounting concepts, and deals with taxation,
audit, profitability and return on investment, liquidity and cash
flows, sources of funds and capital structure.
Professor R H Parker is Professor of Accounting at the University of
Exeter. He is the author of numerous books and articles on accounting,
and is the former Accounting and Business Research, published by the
Chartered Accountants of England and Wales.
