Leon Boros – Understanding accounts interviewed by Tamzin Freeman

Full video can be seen at: https://www.piworld.co.uk/2017/11/30/leon-boros-understanding-accounts-interviewed-by-tamzin-freeman/   Leon Boros gives a fascinating insight of what he’s looking for in a set of company accounts, using examples to highlight some of the hidden factors to look for. For non-accountants it can be quite a heavy watch, particularly at the midpoint, but there are many gems, and it’s worth making it till the end – even if you watch it in chunks! First focus: cashflow statement & free cashflow – 00:31 Amortisation – 08:20 YouGov’s earnings – 12:17 P&L and Balance sheet ratios – 15:30 Return on total assets – 18:29