JOHN A. TRACY is a successful financial accounting author. In addition to all eight editions of this book, he is the author of a number of books including the best-selling Accounting For Dummies.

TAGE C. TRACY heads a consulting firm specializing in providing executive-level financial and accounting management resources on a project and/or interim basis. He has worked with companies in an array of industries ranging from web-based technology/solutions to manufacturing to retail to professional service organizations and finance. In addition, Tage has co-authored Cash Flow For Dummies and Small Business Financial Management Kit For Dummies with his father.

Whether you're a manager attempting to get a clear picture of your company's performance, an investor trying to determine if a business is a sound investment, or a lender who needs to measure an organization's creditworthiness, the information contained in a financial report is the most valuable source of information at your disposal.

Now only if it was written in a language you could read!

For more than thirty years, the number-one resource professionals have turned to for help in cutting through the haze of <accountantese and making sense of all those numbers has been How to Read a Financial Report.

Like its predecessors, this eighth edition steers you painlessly through the basic accounting concepts and provides line-by-line explanations of a financial statement. It shows you how the three parts of a financial report&#151;the balance sheet, the income statement, and the cash flow statement&#151;fit together and the story they tell. And it provides up-to-date coverage of important tax reforms, depreciation methods, international standards, recent FASB rulings and more.

How to Read a Financial Report is your plain-English guide to sorting out what all those numbers are really saying.

Praise for How to Read a Financial Report

"What distinguishes Tracy's efforts from other manuals is an innovative structure that visually ties together elements of the balance sheet and income statement by tracing where and how a line item in one affects an entry in another."&#151;Inc.

"An excellent job of showing how to separate the wheat from the chaff without choking in the process."&#151;The Miami Herald

"A wonderful book organized logically and written clearly. For a Fool to be an effective investor, she has to know her way around a financial statement. This book will help you develop that skill. It's the clearest presentation of many accounting concepts that this Fool has seen."&#151;Selena Maranjian, The Motley Fool