Understanding accounts just got easier You are just seven steps away from mastering financial reports and statements. Imagine being able to fully understand the accounts you see at work and having the confidence to contribute to the analysis and interpretation of the figures. Now you can. Understanding and Interpreting Accounts In A Week is a simple and straightforward guide to making sense of financial statements, giving you everything you really need to know in just seven short chapters. From the profit and loss account and the balance sheet through to using ratios and cash flow statements, it will help you deal confidently with questions such as 'Is our customer in trouble?', 'Are we going to be paid?', 'Why are profits down?' and 'What is gearing?' You'll also find exercises to help you put it all into action. The fastest way to understand and interpret accounts Whether you choose to read it in a week or in a single sitting, Understanding and Interpreting Accounts In A Week is your fastest route to success: - Sunday: The right approach - Monday: An introduction to accounts - Tuesday: The profit and loss account or income statement - Wednesday: The balance sheet or statement of financial position - Thursday: Using ratios to interpret accounts - Friday: Cash flow statement and group accounts - Saturday: The reports Learn in a week, remember for a lifetime.