I have no training in accounting. At work, I am now confronted with waterfall charts, and intuitively I think they're:
- hard to grasp
- low on information
- manipulative - put the columns in a different order and it feels different (I always seem to be ignoring the first couple of columns, even though they are as important for the final result as the last ones)
- hard to compare (say, comparing two of these graphs from two consecutive months is hard)
Is there a different way in which to portray things like company revenu or increases/decreases in them?