{"product_id":"book-do7p","title":"Financial Statements, Third Edition","description":"Thomas R. Ittelson is an expert at translating complicated financial topics in an accessible way for non-financial audiences. In this book, he empowers listeners by clearly and simply demonstrating how the three major accounting statements interact to offer a snapshot of a company's financial health.\u003cbr\u003e\u003cbr\u003eThis book teaches listeners how to use specialized accounting vocabulary and makes accessible the structure and purpose of the three major numeric statements that describe a company's financial condition. Each statement paints a different and essential picture—the \"three-legged stool\" of company reporting: The \u003ci\u003eincome statement\u003c\/i\u003e shows the manufacturing and selling actions of the company that result in profit or loss during a period. It gives a very important perspective on the company's performance, its profitability. The \u003ci\u003ecash flow statement\u003c\/i\u003e details cash into and out of the company for a period. You need money to make money. Running out of cash is bad. Duh. The \u003ci\u003ebalance sheet\u003c\/i\u003e records at the end of a period, an instant in time, what the company owns and what it owes, including the owners' stake, called shareholders' equity.\u003cbr\u003e\u003cbr\u003eWith two new major topic sections, this third edition of \u003ci\u003eFinancial Statements\u003c\/i\u003e is simply the clearest and most comprehensive introduction to financial reporting available. No accounting background is required.","brand":"Ascent Audio","offers":[{"title":"Audiobook","offer_id":49373674176816,"sku":"BDdo7p","price":25.99,"currency_code":"USD","in_stock":true},{"title":"Audio CD","offer_id":49373674209584,"sku":"ZEdo7p","price":39.99,"currency_code":"USD","in_stock":true},{"title":"Audio MP3-CD","offer_id":49373674242352,"sku":"ZMdo7p","price":45.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0879\/2784\/9264\/files\/do7p-cover.jpg?v=1762969542","url":"https:\/\/downpour.com\/products\/book-do7p","provider":"Downpour","version":"1.0","type":"link"}