Rating: 
Summary: Indispensable
Review: John Tracy outdoes even Benjamin Graham's "The Interpretation of Financial Statements" with this work, which makes basic financial analysis accessible to anyone who wants to take the time to learn about it. Beginners should not expect to pick up everything this deceptively brief book has to offer on first reading. But the text's thoughtful layout fosters quicker learning than would otherwise be possible. This is an indispensable guide for anyone who wishes to buy securities but lacks formal training in financial analysis.
Rating:
Summary: So good, our investment club is all reading it
Review: No matter how hard I listen to people explain financial reports to me, I just don't get it. This book is a show-n-tell, which for me, is the way I learn. Don't get me wrong, this is not a "simple" book. Our investment club is meant to be educational. This book is an excellent teacher.
Rating:
Summary: Excellent
Review: One of the best books on the topic I have ever read! By linking the financial statements together, the author provides a comprehensive understanding of how one affects the other! Buy this book!
Rating:
Summary: Good resource for building Excel model--even better if...
Review: This book is an excellent resource for those trying to build a spreadsheet model. It would be even more useful if it had numbers to tie-out to for monthly and quarterly financial statements
Rating:
Summary: excelllent intro
Review: This book is excellent in the following ways : -succeeds in explaining in a concise (+- 100 pages) and clear way the basic principles of financial statements.
-the special format of the book is excellent in that it shows most examples and related text without having to turn the pages.
-there is enough white space, allowing you to make annotations. Strongly adviced for anybody owning a company or for management / accounting students.
Rating:
Summary: Well Written Overview of Financial Statements and Accounting
Review: This book is great for anyone ranging from beginner to intermediate knowledge of financial reports. I have taken accounting and finance classes in college. This book tells the same things that 600 page textbooks and hours and hours of lecture can tell you, but it does so in an easy to understand and concise manner. Most important it explains the relationships clearly between the income statement, balance sheet, and cashflow statement. This book would be great for anyone starting an education in finance or for any investor trying to broaden their knowledge base. If you invest in stocks, you should learn how to read financial statements. This book will give you some much needed knowledge that you can use as you scour for companies to invest in. This author takes pride in his writing. John A. Tracy is a professor of accounting, but his knack for concise explanations and the clear use of the English language is evident throughout.
Rating:
Summary: Well Written Overview of Financial Statements and Accounting
Review: This book is great for anyone ranging from beginner to intermediate knowledge of financial reports. I have taken accounting and finance classes in college. This book tells the same things that 600 page textbooks and hours and hours of lecture can tell you, but it does so in an easy to understand and concise manner. Most important it explains the relationships clearly between the income statement, balance sheet, and cashflow statement. This book would be great for anyone starting an education in finance or for any investor trying to broaden their knowledge base. If you invest in stocks, you should learn how to read financial statements. This book will give you some much needed knowledge that you can use as you scour for companies to invest in. This author takes pride in his writing. John A. Tracy is a professor of accounting, but his knack for concise explanations and the clear use of the English language is evident throughout.
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