CONTENTS
Chapter 1: Starting with Cash Flows
Cash Flows Summary for a Business
What Does Cash Flows Summary Not Tell You?
Profit Cannot Be Measured by Cash Flows
Cash Flows Do Not Reveal Financial Condition
Chapter 2: Three Financial Statements
Reporting Financial Condition, Profit Performance, and Cash Flows
Recording Revenue and Expenses
Chapter 4: Profit Isn’t Everything
Threefold Financial Task of Business Managers
One Problem in Reporting Financial Statements
Interlocking Nature of the Three Financial Statements
Chapter 5: Sales Revenue and Accounts Receivable
How Sales Revenue Drives Accounts Receivable
Chapter 6: Cost of Goods Sold Expense and Inventory
Holding Products in Inventory before They Are Sold
Chapter 7: Inventory and Accounts Payable
Acquiring Inventory on the Cuff
Chapter 8: Operating Expenses and Accounts Payable
Recording Expenses before They Are Paid
Chapter 9: Operating Expenses and Prepaid Expenses
Paying Certain Operating Costs before They Are Recorded as Expenses
Accounting Issues: Using Prepaid Expenses to Massage the Numbers
Chapter 10: Depreciation Expense and Property, Plant, and ...
Get How to Read a Financial Report: Wringing Vital Signs Out of the Numbers, 8th Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
