Publisher's Synopsis
'Accounts Made Simple' looks at companies' accounts from the perspective of the investor. Each chapter looks at a different aspect of the accounts, such as assets, trading and capital structure. These are first explained in simple terms, avoiding accounting jargon. The second half of each chapter then considers issues that the investor should consider. Examples include: - Are the assets overvalued? - Is the company overtrading? - Is the company borrowing too much? The book will help remove the mystery of pages of numbers followed by long lists of notes. The investor will gain an understanding of what all the terms and numbers mean, and be able to make his or her own decision about whether the company seems a good investment.
