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Langdon Ken - Interpreting Company Reports For Dummies

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Company financial reports are a key resource for investors, helping them uncover priceless information about a companys profitability, or lack thereof, from the figures as well as through other non-monetary indicators. Details of lawsuits, changes in accounting methods, liquidations, and mergers and acquisitions can all be ways of detecting red flags if you know where to look. However the jargon and financial footnotes in financial reports can be difficult to decipher, and this For Dummies guide on the subject will help readers to understand company reports and make sensible investment choices.;Interpreting Company Reports For Dummies; Dedication; Authors Acknowledgements; Contents at a Glance; Table of Contents; Introduction; About This Book; Conventions Used in This Book; What Youre Not to Read; Foolish Assumptions; How This Book Is Organised; Icons Used in This Book; Where to Go from Here; Part I: Getting Down to Financial Reporting Basics; Chapter 1: Discovering What Reports Reveal; Finding Out What Financial Reporting Is For; Looking at Different Types of Reporting; Dissecting the Annual Report for Shareholders; Understanding How the Number Crunchers Are Kept in Line.

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Interpreting Company Reports For Dummies by Alan Bonham Ken Langdon and Lita - photo 1
Interpreting Company Reports For Dummies

by Alan Bonham, Ken Langdon, and Lita Epstein

Interpreting Company Reports For Dummies Published by John Wiley Sons Ltd - photo 2

Interpreting Company Reports For Dummies

Published by John Wiley & Sons, Ltd The Atrium Southern Gate Chichester West Sussex PO19 8SQ England

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Copyright 2008 John Wiley & Sons, Ltd, Chichester, West Sussex, England

Published by John Wiley & Sons, Ltd, Chichester, West Sussex

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About the Authors

Alan Bonham: Since qualifying as a Chartered Accountant, most of Alans time has been spent training others. He was a Director at Andersons Tutors Limited where he prepared students for ICAEW exams. From there, he joined Neville Russell where he became Training Manager. He then spent 16 years as a freelance lecturer and training consultant specialising in audit and accounting topics.

Most recently, Alan was Director of Training for SWAT Ltd. As part of his role, he was responsible for the development of SWATs national programme of CPD training as well as presenting a number of courses himself. Alan had been Managing Director of Pentagon Training Ltd until the company was acquired by SWAT in October 2005.

Alan is now working again as a freelance lecturer he is one of the few lecturers who can make auditing interesting. He also advises firms on their audit procedures and offers practical help in achieving compliance in a cost-effective manner. He has also worked with non-accountants, and is the co-author with Ken Langdon of Smart Things to Know about Business Finance which also demystifies the language of finance.

Ken Langdon: With a background in technology, Ken has been a trainer and consultant to many of the computer majors around the world. He has lectured in the USA, Australia, and all over the Far East and Europe.

In particular he has taught finance for non-financial managers and worked hard on explaining how the slightly esoteric world of finance reflects the real life world of businesses.

He is the author of a number of books on this and related topics.

Lita Epstein ran the financial accounting lab when she worked as a teaching assistant as she completed her MBA programme at Emory Universitys Goizueta Business School. After receiving her MBA, she managed finances for a small, non-profit organisation, and the facilities management section of a large medical clinic.

Now she enjoys helping people develop good financial, investing, and tax planning skills. She designs and teaches online courses on topics such as investing for retirement, getting ready for tax time, and finance and investing for women. She is the author of Streetwise Crash Course MBA and Streetwise Retirement Planning (Adams Media Corporation). Lita is the co-author of Trading For Dummies (Wiley), and Teach Yourself Retirement Planning in 24 Hours (Penguin Putnam).

Lita was the content director for a financial services Web site, MostChoice.com and managed the Web site Investing for Women. She also wrote TipWorlds Mutual Fund Tip of the Day in addition to columns about mutual fund trends for numerous Web sites. As a Congressional press secretary, Lita gained first-hand knowledge about how to work within and around the federal bureaucracy, which gives her great insight into how government programmes work. In the past, Lita has been a daily newspaper reporter, a magazine editor, and an associate director for development at The Carter Center.

For fun, Lita enjoys scuba diving and is certified as an underwater photographer. She hikes, canoes, and enjoys surfing the Web to find its hidden treasures.

Dedication

Alan and Ken: We would like to acknowledge the loyal support of our good friends Britney and Sol.

Lita: I would like to thank my father, Jerome Kirschbrown, an auditor and savings and loan examiner, who helped to hone my financial skills and taught me to be leery of what I see in financial reports.

Authors Acknowledgements
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