How To Read Financial Statements

Don’t let the bean counters bamboozle you

FOR THE novice investor who is trying to find out some information about the company in which they are considering an investment, the annual report containing the financial statements looks like a scary document filled with meaningless jargon designed to bamboozle the reader. To a certain degree, this is true.

However, help is at hand. This article will help you sift out the information that you need to know as a starting point to understanding your chosen company’s financial information, by outlining the main components of a set of financial statements and what they should be telling you…