Preface
If the first edition of this book was an entrepreneurial business, it would be a huge success. Now over 100,000 copies of Financial Statements: A Step-by-Step Guide to Understanding and Creating Financial Reports are in-press and helping non-financial managers and students of accounting and finance cope with the “numbers of business.”
With this new revised second edition, we have expanded the book into five sections from the original three. Many readers of the first edition wanted to better understand capital investment decision-making, which is the focus of our two new sections.
Capital is often a company’s scarcest resource, and using capital wisely is essential for success. The chief determinant of what a company will become is the ...
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