This compact book with top notch design of font and color (unfortunately rare in Indian books by any publisher including global brands) is a brilliant distillation of the basics of reading the three financial statements: balance sheet, P&L, cash flow. In a step-by-step fashion, master financial educator Anil Lamba helps the reader understand the logic behind the sections of financial statements, how to assess the health of a business, and how to manage a business enterprise.
This book is supposed to be a travel edition of the original bestseller by the author titled, "Romancing the Balance Sheet". I have heard strong recommendations for that book but never got to read it. Having a relevant educational background, my positive reaction to this book is based less on information obtained and more on the superb teaching methodology and style and presentation. The book almost perfectly achieves its intention to make finance (not accounting) less intimidating for absolute novices. Perhaps a few beginners might still find the crisp summaries and graded examples a bit heavy and new. But the book is sure to make such readers seek out the original bigger book that I guess would have more examples and explanations.