Monday, April 19, 2010

How to read a balance sheet?

I finished studying the book, "How to read a balance sheet?" today. It explains how to understand a balance sheet and the related statements to gauge the health of a company.

The book written by IIMC Professor Hrishikes Bhattacharya is a programmed book. It reminded me of the style  and approach used by our professor of Operations Research in college, Prof. Uday Amonkar. Programmed way of teaching helps imbibe some terms which are of fundamental nature.

At the end of the book there is a full coverage quiz. I got a 54 on 60 and its Excellent according to the author. I should proceed to the technical note on Inflation Accounting.

So Inflation Accounting it is!!!

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