The Numbers Game
Condition: SECONDHAND
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'Figures don't lie, but liars can figure.'
Trevor Sykes learned to read balance sheets the hard way so you can learn to read them the easy way. For 30 years Australia's leading finance writer has been making sense of the numbers in annual reports, mining statements and investment prospectuses.
Money is at some degree of risk whatever you do with it, and the world of finance and investment can be erratic, complex and confusing. Starting with the annual report and the balance sheet, Sykes works through assets and liabilities, the profit and loss account, tax and cash flow, looking at case studies of individual companies and how they are valued by the stockmarkets versus their 'true' value.
Light on accountancy theory and heavy on practical experience, Sykes shows both the new and the experienced investor how to read the signposts, identify the danger signs and avoid the pitfalls.
If this book helps you to avoid even one financial mistake it will have paid for itself!
Trevor Sykes' Pierpont column and his other pieces in the Financial Review are probably the most read financial columns in Australia. He is also the author of two of the classic studies of Australian business history, Two Centuries of Panic and The Bold Riders.
[category] BUSINESS/FINANCE
Author: Trevor Sykes
Format: Paperback, 176 pages, 140mm x 215mm
Published: 2001, Allen & Unwin, Australia
Genre: Money & Consumer Issues
Description
'Figures don't lie, but liars can figure.'
Trevor Sykes learned to read balance sheets the hard way so you can learn to read them the easy way. For 30 years Australia's leading finance writer has been making sense of the numbers in annual reports, mining statements and investment prospectuses.
Money is at some degree of risk whatever you do with it, and the world of finance and investment can be erratic, complex and confusing. Starting with the annual report and the balance sheet, Sykes works through assets and liabilities, the profit and loss account, tax and cash flow, looking at case studies of individual companies and how they are valued by the stockmarkets versus their 'true' value.
Light on accountancy theory and heavy on practical experience, Sykes shows both the new and the experienced investor how to read the signposts, identify the danger signs and avoid the pitfalls.
If this book helps you to avoid even one financial mistake it will have paid for itself!
Trevor Sykes' Pierpont column and his other pieces in the Financial Review are probably the most read financial columns in Australia. He is also the author of two of the classic studies of Australian business history, Two Centuries of Panic and The Bold Riders.
[category] BUSINESS/FINANCE
The Numbers Game