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Understanding Financial Statements

Understanding Financial Statements

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(Paperback)-This classic volume presents the conceptual background and analytical tools necessary to understand and interpret financial statements. The emphasis throughout is on the evaluation of financial statements and their usefulness for business decision-makingrather than on how the financial statements are constructed. Straightforward, understandable, and accessible--regardless of readers' background--it orients them toward what they will actually encounter in practice. By emphasizing how to solve unstructured problems and how to use accounting information for decision-making, it helps them learn how to think and reason through complex, real-world situations. Includes mini-cases using the financial statements of actual companies. The Balance Sheet; The Income Statement and Statement of Stockholders' Equity; Statement of Cash Flows; The Analysis of Financial Statements; A Guide to Earnings Quality; The Analysis of Segmental Data; Understanding Bank Financial Statements. For investors and others who make decisions based on the analysis of financial statements.
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User Reviews for Understanding Financial Statements

Overall Rating: Star FullStar FullStar FullStar FullStar Empty ( 8 reviews )
  1. Star FullStar FullStar FullStar FullStar Full ( 0 of 1 found this review helpful ) Posted: Jun 28 2009

    The book was in great condition, it was a great price. It arrived in a timely maaner,I had it well before my class started. I would not buy books from anywhere other than Amazon. Thanks for the great service.

  2. Star FullStar FullStar FullStar FullStar Empty ( 1 of 1 found this review helpful ) Posted: Nov 11 2007

    This book, authored by the excellent M/s Fraser & published by StudentAid, will be useful both to the successful student and/or the less experienced practioner because it acts as a refresher for those whose student days are almost forgotten as well as a pathfinder for those who want to move on from the banal student text books offered by others. I teach financial analysis and unhesitatingly recommend this to all but the most experienced or competent as a welcome opportunity to learn. Each chapter culminates with a series of questions increasing in difficulty. There are useful hints as to where to find raw & comparative data & some good case studies. For the more experienced, perhaps this will be a little undemanding, in which case try "Financial Statement Analysis & Security Valuation" by Stephen Penman or one of the excellent books by Comiskey & Mulford.

  3. Star FullStar FullStar FullStar FullStar Empty Posted: Oct 19 2007

    I bought this for a university class, but it does not read like a textbook. It was very easy to understand to read and concepts are clearly explained. The supporting website contains a good template for beginning financial analysis.

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Product Specs for Understanding Financial Statements

Author: Lyn M. Fraser Aileen Ormiston
Number Of Pages: 267
Category: Paperback
Brand: Pearson Education
Dewey Decimal Number: 657.3
Label: Pearson Education
Manufacturer: Pearson Education
Product Group: Book
Publication Date: 2001-01-15
Edition: 6
See item at: Amazon: $24.98

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