Financial Statements

About the Author

Thomas Ittelson is a scientist, businessperson, author and teacher with over 30 years of hands-on experience in business development and marketing for technical companies. As a consultant to entrepreneurs, Mr. Ittelson has written business plans that have raised over $500 million in start-up equity capital. This book, Financial Statements, was born from the author’s efforts to teach entrepreneurs how use financial statements in their businesses.

Ittelson’s formal training—as a biochemist, not as an accountant or financial officer—contributes to the unique structure and focus in this book. He first learned accounting and financial reporting “on the job” as the strategic planner for a large multinational corporation and then as ...