So....what the heck!
I'm neck deep in financial reports - looking at a couple of companies.
First off - I love a challenge, so learning something new is great fun.
That said, it seems that financial reporting makes complicated something that is very simple at its core....
How much did you sell....how much did it cost you to sell it...how much did you buy....how much do you have left?

It appears that a lot of reporting is so that the value of the company can be extrapolated for years to come thereby making it either valuable or not.

I have to keep reminding myself that at its core....it is still that simple. You just need to uncover all of the ways that accountants have made to hide that simplicity. Not easy.




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