Understanding Balance Sheets

As statements of a company's financial condition, balance sheets contain information vital to owners, investors, and financial managers who are charged with assessing company performance. Often complex and difficult to interpret, balance sheets are nonetheless essential because they help pinpoint business problem areas. Understanding Balance Sheets explains in a clear and concise manner all the major aspects of this important business tool, making it yours to implement easily and successfully. Written by two financial and accounting authorities, this hands-on working reference enables you to understand a company's balance sheet within the context of its annual report. You'll find detailed information on: Whether you're new to balance sheets, need a quick refresher, or require a knowledge that goes beyond the basics, this guide has it all. Understanding Balance Sheets is a thorough, accessible reference that you can't afford to be without if you need to get a handle on this essential financial tool.Get a handle on balance sheets with this comprehensive reference that gives you the basics and beyondFrom the authors who brought you indispensable guides to such financial fundamentals as cash flow, income statements, and return on investment comes a book that clarifies and explains the intricacies of another important tool: the balance sheet. Covering all its major aspects, Friedlob and Plewa give you a broad understanding of its individual elements, the related disclosures contained in an annual report, and the methods used to analyze a company's balance sheet. Here's where to turn for valuable information on: Straightforward, comprehensive, and easy to follow, this is the guide you'll want for a complete overview of this vital business tool.

GEORGE T. FRIEDLOB is a Professor and Faculty Fellow of theInstitute of Internal Auditors Research Foundation in the School ofAccountancy at Clemson University. He has received numerousacademic and professional awards, and is the author and editor of awide variety of professional publications. FRANKLIN J. PLEWA, Jr., is a Professor of Accounting at Idaho StateUniversity College of Business. The recipient of honors and awardsfor both teaching and research, he is the author of many books andarticles. He is the coauthor with George T. Friedlob of Keys toImproving Your ROI, Understanding Cash Flow, and UnderstandingReturn on Investment.