The EDGAR Online Guide to Decoding Financial Statements: Tips, Tools, and Techniques for Becoming a Savvy Investor

Appendix A: Financial Statement Resources

Both online and on paper, you can find a wide variety of assistance as you sit down to analyze that pile of financial statements. Here is a selection of the best Web sites, ratings services, and books available to you today.

Web Sites

Web resources are, of course, only as good as the people who provide the information. But some of those people are truly first rate!

EDGAR Online Pro (http://www.edgaronlinepro.com)

EDGAR Online Pro is a professional research tool that provides a complete view of the "financial life cycle" of over 12,000 public companies including complex fundamental ownership, IPO and secondary offering databases, call transcripts, an events calendar, and advanced search tools.

Motley Fool (http://www.fool.com)

Whitney Tilson is a managing partner for a money management firm in New York. He also writes a regular column for the Motley Fool and focuses heavily on financial statement analysis. You can find all his writings at http://www.tilsonfunds.com.

Wall Street Journal (http://www.wsj.com)

Richard Rampell and Art Berkowitz write a column for the online edition of the WSJ called "By the Books." The articles are always clear and very informative. Both Rampell and Berkowitz are veteran CPAs. For a solid and interesting read, see Berkowtiz's book Enron: A Professional's Guide to the Events, Ethical Issues, and Proposed Reforms.

TheStreet.com (http://www.thestreet.com)

TheStreet.com has a wealth of great articles for financial statement analysis. Notable authors who are not afraid to delve into the 10-Qs and 10-Ks include:

  • Herb Greenberg: Every CEO's nightmare is...

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