How to Read (and Understand) Financial Statements (ePub)

I wish I could tell you that I'm a financial genius. Actually, although I am a teacher in the traditional sense, I'm also a graduate of the Shoebox School of Accounting. This is where I learned to save all my paperwork and receipts until the end of the year, just in time for my accountant to prepare my taxes. I now understand that there's much more to this than simply paying the government, and it's exciting to be able to crack the code!

So how did a non-financial person find herself producing a financial tutorial? Simple, I was paid to do it! What I learned in the process was the key that unlocked the mystery for me... and it can do the same for you too.

If you're like most people, your eyes glaze over when the subject of accounting comes up. After all, what IS the difference between a Balance Sheet and a Profit and Loss Statement and why should I care? (I had a feeling that I should know this stuff, but I would shut down mentally when the topic was mentioned, all the while feeling "fiscally challenged" by my ignorance).

Simplifying Information:

After leaving teaching, I worked in advertising and communication where I learned to condense information into shorter, simpler language.

When I got into digital video, I discovered the added power of visuals to shorten the message and to reach more people.

When I studied adult learning styles, I found out that most people learn better in little bites, or chunks, using various senses (multisensory methods), and being encouraged to apply what they learned right away so it is actually relevant.

Most people don't need to know everything about a subject—just enough to make a more intelligent, more informed decision.

When I introduced "whole brain" visual communication to companies, they were intrigued by my ability to deliver the most information to the broadest possible audience in quick, clear, and painless manner.

That's how I got into financial communication.

Who could need a series of quick,

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