Everything you always wanted to know about those confusing financial statements but were too embarrassed to ask! This friendly primer of basic business finances takes you step-by-step through all the fundamentals from balance sheets to profit and loss statements—and translates them into meaningful, usable information.

Learning Objectives: To describe how the three primary financial statements are prepared and what each means to a business. To explain the difference between cash and profit from an accrual prospective. To introduce ratios and proportions and show how easily they are developed and used. To explain how to examine and get better productivity from your expenses. To provide tested techniques for gaining better control over your business finances