Financial Statements: A step-by-step guide to understanding and creating financial reports

Consistently wih my background of old-style, rock-solid engineer I’m very weak on economy and finance topics. Trying to filling these gaps I’ve stumbled upon this book, “Financial Statements” by Thomas Ittelson (ISBN: 1564143414), a businessman with a scientific biomedical backgroud. I definitely can understand them too I thought.

In fact I understood them, the text is a very (very) basic one, but it gives all the main principles needed to interpret financial reports. The book brings also a complete case which illustrates main transactions and how evaluate performance basing on ratio analysis. 

The book is perfect for a newbie who wants to approach these topic, even if he’ll have to look somewere else to complete his competences with some real world concepts (for example EBIT and EBITDA are not cited, not with these acronyms at least). Worth of the 10$.