( 8 reviews )
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Posted: Aug 6 2009
If you want to get a big picture on the analysis of financial statements, this is a wonderful book. However, I've gotten really frustrated as I progress onto the latter half of the book where the authors jump through multiple steps, do not provide detailed explanations about their calculations, and make outright mistakes about summation of geometric series in the dividend model.
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Posted: Apr 16 2008
Very surface coverage...at about $1.00 per page you should get more in depth analysis. Entire format of the book is very strange.
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Posted: Mar 25 2008
This book is very basic. The solutions book for this book is difficult to read and I did not go anywhere with it. It is probably much better for a general overview of financial shenanigans than anything. If you are a credit analyst then a much better book and much more in depth analysis (not accounting though) is Financial Statement Analysis by John J. Wild and others. Get the CD though if possible because it will help out greatly.
