Professor Parker's concise
and informative guide to the published 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 is
assumed and the emphasis is on analysis and interpretation rather than accounting
techniques. Referring throughout to the published 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
con'cepts, and deals with taxation, audit, profitability and return on investment,
liquidity and cash flows, sources of funds and capital structure, and accounting concepts
and standards.