{"product_id":"turning-black-ink-into-gold-how-to-increase-your-companys-profitability-and-market-value-through-excellent-financial-performance-reporting-analysis-paperback","title":"Turning Black Ink Into Gold: How to increase your company's profitability and market value through excellent financial performance reporting, analysis - Paperback","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eToby Tatum\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThe tacit assumption among business owners and their bookkeepers generally seems to be that the primary objective of financial performance reporting is to facilitate the production of an income tax return. To this end, the primary objective of the income statement is to report the company's net profit. This assumption is misguided. The primary objective of the income statement should be to report the company's cash flow. Quoting Dr. Pablo Fernandez, recognized as among the world's leading authorities on business valuation\"There is a financial accounting maxim which, although it is not absolutely true, comes very close to it and which is a good thing to remember, net income is just an opinion, net cash flow is a fact\"The purpose of Turning Black Ink Into Gold is to show small business owners how high-quality financial performance reporting can improve their company's profitability and market value\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 134\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.31 x 9 x 6 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e March 21, 2011\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":45522402115670,"sku":"9781456660628","price":17.24,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0720\/7433\/0198\/files\/IzsUkNQgjb9781456660628.webp?v=1785934958","url":"https:\/\/duanes-world-2.myshopify.com\/products\/turning-black-ink-into-gold-how-to-increase-your-companys-profitability-and-market-value-through-excellent-financial-performance-reporting-analysis-paperback","provider":"Duane's World","version":"1.0","type":"link"}