Risks: Reading Corporate Signals

Author: Haig J. Boyadjian, James F. Warren
List Price: $59.95
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ISBN: 0471912077
Publisher: John Wiley & Sons (July, 1988)
Sales Rank: 1,944,077
Average Customer Rating: 5 out of 5

Customer Reviews

Rating: 5 out of 5
How to find out the truth about a Business's health
Are you the kind of investor that relies solely on an Annual Report to make your decisions? You better watch out. An Annual Report usually only provides a rosy picture which in the end is meant to highlight a CEO and his team's performance. The authors' underlying thesis is that neither the Profit & Loss Statement nor the Balance Sheet provide enough information to find out if a Business is healthy. In order to find out the truth, a Cash Flow analysis is a must, after all, Cash Flow is a Business's blood. The book provides examples on how to do it. The first chapters are easy to read, but the last ones require advanced Accounting knowledge.

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