Saturday, March 19, 2011

It?s In The Footnotes: 5 Tips On Better Understanding Financial Statements

Financial statements are supposed to be straightforward summaries of what actually took place in a corporation, understandable by all. Right? Not quite. The balance sheet, income statement and a summary of cash flow are only summaries of the numbers. Much more detail is found (or hidden) in the footnotes to these statements.

Source: http://feedproxy.google.com/~r/MyMint/~3/JgRS83g3saI/

Tech Crunch Personal Finance News & Advice Guide To Financial Fitness Money Game

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