The Entrepreneur's Guide to Financial Statements, 1st Edition

  • David Worrell
  • Published By:
  • ISBN-10: 1440829365
  • ISBN-13: 9781440829369
  • DDC: 658.15
  • Grade Level Range: 9th Grade - 12th Grade
  • 288 Pages | eBook
  • Original Copyright 2014 | Published/Released April 2015
  • This publication's content originally published in print form: 2014

  • Price:  Sign in for price



Easy to read and full of engaging stories, this book teaches the basics of true financial management-re-made just for small businesses. It's perfect for entrepreneurs who want to get more from their accounting without getting stuck in the details. The author examines each of the three major financial statements and explains both how and why business owners should utilize these powerful tools to create a more stable, more profitable business. Whether one's business has one employee or 100, the small business owner will gain a deeper understanding of why finance is so critical to survival and growth. Written by an experienced CFO and entrepreneur, The Entrepreneur's Guide to Financial Statements uses illustrations, real-life stories, and crystal-clear writing to show business owners the importance of "the numbers" and the critical nature of finance to the survival, profitability, and growth of their small businesses.

Table of Contents

Front Cover.
Half Title Page.
Other Front Matter.
Title Page.
Copyright Page.
Tables and Figures.
1: The Income Statement.
2: Income Statement Basics.
3: Revenue.
4: Expenses and Profits.
5: Making a P&L Work for You.
6: The Balance Sheet.
7: Balance Sheet Basics.
8: How a P&L and a Balance Sheet Work Together.
9: Games People Play by Manipulating the Balance Sheet and P&L.
10: Equity and Capitalization.
11: The Cash Flow Statement.
12: Cash Flow Statement Basics.
13: The Cash Cycle.
14: Ratios and Analysis.
15: Answering Questions Using Trends and Ratios.
16: Analysis in Action.
17: How Bankers and Investors Evaluate a Business.
18: Managing by the Numbers.
19: Dashboards.
20: Models, Forecasts, and Budgets.
Appendix 1 Calculating Dell Computer's Cash Cycle (Case Study).
Appendix 2 Other Resources.
Appendix 3 Debits and Credits.
Appendix 4 State of Nevada Corporate Filing Fees.
Appendix 5 Glossary of Accounting Terms.
About the Author.