This book is the fifth of seven books which introduces the basic principles of accounting. In this book you learn about special financial reporting topics, financial statement analysis, and the statement of cash flows. Topics include discontinued operations, extraordinary items, changes in accounting methods, and other comprehensive income. Important financial reporting ratios, such as earnings per share, price earnings ratio, and book value per share are discussed. Ratio and trend analysis are presented as tools to understand financial statement information.
Smart Growth: Building an Enduring Business by Managing the Risks of Growth
Wall Street believes that all public companies should grow smoothly and continuously, as evidenced by ever-increasing quarterly earnings, and that all companies either "grow or die." Introducing a research-based growth model called "Smart Growth," Edward D. Hess challenges this ethos and its dangerous mentality, which often deters real growth and pressures businesses to create, manufacture, and purchase noncore earnings just to appease Wall Street.