Sound advice for non-expert investors in the stock market. New topics covered and explained in this edition include annual reports on the Internet, materiality, and financial derivatives.

Throughout the text, the authors examine management's attempts to manipulate earnings and other performance measures, and they explain what the numbers in the report really mean.

1911/12 has title: ... First annual report of the Public Utilities Commission to which are added statistical tables compiled from the annual reports of all public service companies of the state for the year ended June 30, 1912.