In today's increasingly litigious climate, corporate directors can be held personally liable for the financial misconduct of corporate employees. In this comprehensive volume, Fertakis provides the practical information corporate board members need to correctly interpret the financial data and operating statements presented to them for review and approval. Written in a style accessible to directors who are not financial specialists, the book shows how to spot clues in financial statements to potentially serious underlying problems, how to evaluate and understand financial presentations, and how to obtain an accurate picture of a company's financial affairs.