Financial Statement Analysis

Financial Statement Analysis, 10e, emphasizes effective business analysis and decision making by analysts, investors, managers, and other stakeholders of the company. It continues to set the standard in showing students the keys to effective financial statement analysis. The textbook is set up in a three part framework which makes this textbook one of the best selling books in the market. It begins with an overview (chapters 1-2), followed by accounting analysis (chapters 3-6) and then financial analysis (chapters 7-12). The book presents a balanced view of analysis, including both equity and credit analysis, and both cash-based and earnings-based valuation models. The tenth edition is aimed at accounting and finance classes, and the professional audience – as it shows the relevance of financial statement analysis to all business decision makers. The authors:

1. Use numerous and timely “real world” examples and cases

2. Draw heavily on actual excerpts from financial reports and footnotes

3. Focus on analysis and interpretation of financial reports and their footnotes

4. Illustrate debt and equity valuation that uses results of financial statement analysis

5. Apply a concise and succinct writing style to make the material accessible

Customer Reviews:

Can't read all images and graphs. Don't buy Kindle Version

By Kindle For PC USER - February 4, 2011

If you want to be able to read the pictures, graphs, charts and figures in this book, don't go with the kindle pc version. You will not be able to read them.

Exceptional Reference

By Douglas Wardle "Humanist" - November 1, 2009

I bought this book twice: once for undergraduate and once for graduate studies - different versions, of course. I think I'll simply keep the latest version on my book shelf, as I seem to find the opportunity to refer to it quite frequently. It is well organized and contains a number of useful reference documents, such as annual reports, tables and a fairly complete index. All in all, it is a very useful text for business students at various levels of study.

GREAT book

By dvrmasik - February 11, 2009

In my opinion, this is a great textbook (one of the best around). It's a very detailed book - that's why some argue that chapters are too long. Yet, I find it very informative and to the point. It links accounting to finance in an 'easy to understand' way, giving you valuable insights into both areas. I do recommend this textbook to any accounting/ finance major!