Publisher's Synopsis
This is a guide to the contents of a company annual report, written with the general reader in mind. It assumes no previous knowledge of accountancy and emphasizes analysis and interpretation rather than accounting techniques.;Referring throughout to the published statements of actual companies, the book explains many important financial accounting concepts, and deals with: taxation, audit, profitability and return on investment, liquidity and cash flow, sources of funds and capital structure, and accounting principles and standards.
