L'analisi di bilancio

What's inside the book

1. The foundations. What financial statement analysis is, who uses it and why; reclassification of the balance sheet and income statement starting from the items of the Italian statutory accounts (arts. 2424 and 2425 of the Civil Code).
2. Liquidity. Quick ratio, current ratio, treasury margin, net working capital, collection and payment days, with the VAT correction, a very common mistake.
3. Solvency. Structure margin, fixed-asset coverage and indebtedness: how the company funds its investments.
4. Profitability. ROI on net operating invested capital, ROS, DuPont breakdown, ROE and financial leverage.
5. Growth, pitfalls and the final report. How to read the ratios together, the traps for those in too much of a hurry, and how to issue the report and the treatment for the company.
6. Review questions and exercises. Review questions and exercises on a second company, with all the solutions in the appendix.

The method

Throughout the book you follow a single imaginary company, Rossi Arredi, which makes and sells furniture: you start from its official financial statements and arrive, step by step, at the diagnosis. Each chapter has a summary, the course slides, the text and the exercises; every figure quoted is written on the page, so you can redo the calculations yourself. The framework is Italian; the companies in the cases are fictional.

The book accompanies the video course «L'analisi di bilancio: i principali indicatori delle performance aziendali». You do not need to have taken the course: the book stands on its own.

Who it is for

Business owners, professionals, administrative and sales staff, students and investors: anyone who wants to understand how a company is really doing. No accounting knowledge is required. At the end you will not just have a list of formulas but a method: reclassify before calculating, read the ratios together and not one at a time, turn a table of numbers into the story of a company.

The author

Alessandro Moschini worked for 39 years as a chartered accountant (member of the Trento professional register) and has always combined advice to businesses with training: postgraduate courses, programmes for people starting a business, sessions for established companies.

The book is a study and working tool; it does not replace professional advice on a specific case.

How it works

1. Fill in the form with your name and email.
2. Confirm the payment: PayPal's secure page opens, where you can also pay by card without an account.
3. Receive the PDF book by email as soon as the payment is verified.

Frequently asked questions

Who is this book for?

Business owners, professionals, administrative and sales staff, students and investors who want to understand how a company is really doing by reading its financial statements, without getting lost in technical jargon.

Do I need to know accounting?

No. The book starts from the basics and explains every term; a calculator or a spreadsheet is handy to redo the examples.

How do I get the book?

After paying with PayPal you receive the PDF file by email as an attachment.

Which language is the book in?

Italian. The text and the regulatory framework (Italian Civil Code, Italian annual financial statements) are in Italian.

Which ratios does it cover?

Liquidity (quick ratio, current ratio, treasury margin, net working capital, collection and payment days), solvency (structure margin, fixed-asset coverage, indebtedness) and profitability (ROI, ROS, ROE and financial leverage).