Crack the code of finance’s big mystery—the balance sheet

In these times of financial anxiety, the ability to keep track of a company’s finances is more important than ever, and you can’t do this without a firm grasp of the balance sheet.

Whether you’re a small-business owner, department manager, or individual investor or business student, How to Read a Balance Sheet provides the skills you need to make the wisest financial decisions possible. A critical but rarely used business tool for non-financial professionals, the balance sheet provides a snapshot of a company’s financial position at any single point in time.

How to Read a Balance Sheet demystifies the subject by explaining:

• What a balance sheet is and how is it used to boost profits
• Key components of the balance sheet, including cash, receivables, inventory, long-lived assets, accounts payable, accrued expenses, long-term debt, and equity
• How these different elements relate to one another other—and how to keep them under control
• Formulas, tips, and examples that illustrate key concepts
• Practical advice to maximize operating efficiencies through effective management

When you have a firm grasp of the balance sheet, you’re better armed to seize business opportunities and avoid financial pitfalls. How to Read a Balance Sheet opens a new door to top performance for any business professional.