In my ebook The Bedokian Portfolio, I did not cover much on financial statements except for a brief description of the income statement, the balance sheet and the cash flow statement1. Short of reading up accounting and financial textbooks, it is not easy to explain the nooks and crannies of these statements in a simplistic form.
Fortunately, I have identified a couple of books that are light for reading (and light for your brain, too) in understanding some of, if not almost, the whole gist of things. Each of these books could be read over a lazy weekend and after reading them, I believe they will provide some form of enlightenment in understanding the financial statements.
Warren Buffett and The Interpretation of Financial Statements (ISBN 978-1-84983-319-6)
See book cover here.
Co-authored by Mary Buffett and David Clark, their aim is to provide “a straightforward and easy-to-understand book that ...
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