A Simple Way to Understand Financial Statements and some Fundamental Accounting Concepts using one diagram This article forms part of Chapter 2 of my book on Accounting and Finance for Non-finance Professionals. The aim is to remove the terror out of understanding financial statements & key accounting concepts. Do you get the chills when it comes to numbers and figures? Do you always wonder what on earth they’re talking about when they present those financial statements? Have you found yourself thrust into a management role that requires you to have to deal with them numbers and you have no clue where to start? You are so good at what you…