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What our customer's say!

"Check out some alternatives too", Check the "Surprise Me" link for this "Financial Statements" book and read what appears -- the "excerpt" link only shows a title page. It is always a good idea to check the merchandise. If you think the author is in a little deep for what you want, then take a look at the content for another Amazon offering, "Business Basics Bestseller 1." It takes a broad look at a business' financial numbers, more as business and less as accounting.

Business Basics Bestseller 1: The Easy, Interesting, Open-book Look at the Game of Business Numbers! 2nd Edition

"Plain English", Plain English, I just graduated from college with an accounting degree and I wish I would of had this book to help me get through. Great for refreshing your memory.

"Quick and Easy Plunger into Financial Statements ", Everything you always wanted to know about a financial reports, balance sheets, income statements, cash flow statements etc and how they all are interlinked. Brief and direct on descriptions and always followed by an example. Typically after a brief description of a finacial transaction, changes on balance sheets, cash flow or income statements are broken down into numbered steps that are directly highlighted in the effected statement. On the reports, a corresponding number highlights where that transaction is in the report. Thus a change in depreciation that may require 2 to 3 steps will be indicated directly with matching step numbers on the corresponding report. The author uses a fictional applesauce company for real life examples in a pleasant format throughout the book touched with humor such as writing off the loss on a unpaid bill by a brother-in-law that goes out of business. Starting out with single reports, making you familar one at a time, the author gradually steps up the action using short exercises that show how single transactions can effect all three reports simultaneously. Again by short discussion, step by step examples and then by looking at the corresponding numbered transactions on the reports, the reader can readibly follow and under stand the steps and links between reports. All short explanation followed by easy to follow examples. The final few chapters provide more written detail on what to look for in reports.The book can be plowed through in a day or two or a long day at the airport, although bring an extra book or magazine as this is a direct, quick and relatively fun read.

"Financial Statements", I found this step by step guide to understanding the three financial statements very helpful. It begins with the breakdown of the financial statements and then incorporates their use in a "mock" corporation.

"Easy to understand", Financial statement exposure has been limited for me until recently in my career and this book has helped me understand the many dynamics of financials and the relationship between them. Great resource and learning tool.

Read this reviews before You buy...

"Best EZ read", I have not read a book in many, many years... mainly because I have a very short attention span. If the point does not get accross in 2 seconds, my mind drifts to lala land.... Miraculously, I have read it many times over.

This was such an easy read. Retention is aided by the large print & clear diagrams showing how each transaction affects all the statements (without the unnecessary, complex verbage.)

So far, this has been the only book I have found to affectively explain how the finacial statements are linked. This is a perfect reference guide for experienced professionals & a must for the classroom.

Honestly, I got more out of this book than my BA in accounting & MBA in finance. Thank you!!!








"Really helpful", This book was for a business class and it was very helpful and informative. I will be keeping this one for reference later, as it's easy enough to understand for the future after I've forgotten all that I learned.

"Excellent", I'm in an MBA program and have had numerous undergraduate accounting classes. This book is fantastic. It is FAR superior to "How To Read A Financial Report" by John Tracy. "Financial Statements: A Step-By-Step Guide to Understanding and Creating Financial Reports" by Thomas R. Ittelson is clear and concise. It's the best book I've found on the subject. I highly recommend it!


"A Sound Basic Review of Financials", A sound review of what I learned almost 40 years ago and have not used in about 25 years. Brought back what I learned and used years ago.

"Clear, simple and extremly useful ", I bought this book along with Tracy's How to Read a Financial Report. I was not sure which one to get so I got both thinking one would be repetitive but not as good. They were both excellent and together increased my accounting knowledge tremendously (No, I am not trying to drum up business for Amazon). Ittelson's book is clear and has a nice logical flow to it. It would be great for managers, investors, and students. If you are trying to decide between this and Tracy, I don't think you can go wrong with either one. They are both excellent and even complement each other so consider buying both of them.