Resources
List of Resources
Beginners’ Guide to Reading Financial Statements
This informative guide won’t train you to be an accountant, but it should give you the confidence to be able to look at a set of financial statements and make sense of them. By the Securities and Exchange Commission.
The three main financial statements which are in general put together quarterly and yearly:
- Income Statement – shows income and expenses over a period of time
- Balance Sheet – a snapshot at a single point in time showing the book value of assets, liabilities and shareholders’ equity
- Cash Flow Statement – shows cash coming into the business in three areas – operations, financing and investing