Udo Hohlfeld Financial statements in annual reports
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By Udo Hohlfeld


How to read a financial statement in a company's annual report If today's complexity of financial statements made you stay away from dealing with them, IBM can make this change. At http://www.ibm./invetor/tools/index.phtml "Big Blue" provides an easy to use guide with basic information on how to read financial statements in a company annual report. Besides discussing key numbers and how to interpret them, you will also find a glossary with definitions of computer and finance related terms. For beginners in the world of financial information this guide provides a perfect start. It guides the reader from general statements in a report to special sections on earnings, financial positions, cash flows and the analyses thereof. This guide can help to build one's basic financial vocabulary and may lead to a first understanding of the subject. Rounded off is this guide with suggestions from three professionals - a business school dean, a business executive and a high school economics teacher - on how to conduct a financial analysis (http://www.ibm.com/investor/tools/guidetips.phtml). For those who became more curious on the topic, an extensive list of additional web-based and print resources (http://www.ibm.com/investor/tools/resources.phtml) leads to a multitude of published knowledge.

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