Understanding Financial Statements

by ;
  • ISBN13:


  • ISBN10:


  • Edition: 9th
  • Format: Paperback
  • Copyright: 2009-03-03
  • Publisher: Prentice Hall
  • View Upgraded Edition
  • Purchase Benefits
  • Free Shipping On Orders Over $35!
    Your order must be $35 or more to qualify for free economy shipping. Bulk sales, PO's, Marketplace items, eBooks and apparel do not qualify for this offer.
  • Get Rewarded for Ordering Your Textbooks! Enroll Now
List Price: $112.80


A supplementary text for a variety of Business courses, including Financial Statement Analysis, Principles of Financial Accounting, Intermediate Accounting, Investments, Personal Finance, and Financial Planning and Analysis.Fraser and Ormiston take students behind the financial reports to assess the real financial condition and performance of U.S. companies.

Understanding Financial Statements, retains its reputation for readability, concise coverage, and accessibility, and gives students the conceptual background and analytical tools necessary to understand and interpret business financial statements. Its ultimate goal is to improve students' ability to translate financial statement numbers into a meaningful map for business decisions and enable each student to approach financial statements with enhanced confidence.

The ninth edition incorporates the many new requirements and changes in accounting reporting and standards that provide students with the information they need to know in today's ever-evolving world of business finance.

A comprehensive reference tool for those interested in understanding and interpreting financial statements through a text that prides itself in readability, concise coverage and accessibility.

KEY TOPICS: Financial Statements: An Overview; The Balance Sheet; Income Statement and Statement of Stockholders’ Equity; Statement of Cash Flow; A Guide to Earnings and Financial Reporting Quality; The Analysis of Financial Statements

MARKET: The text gives readers the conceptual background and analytical tools necessary to understand and interpret business financial statements

Table of Contents

Financial Statements: An Overview
The Balance Sheet
Income Statement and Statement of Stockholdersrsquo; Equity
Statement of Cash Flows
Statement of Cash Flowsndash;Direct Method
A Guide to Earnings and Financial Reporting Quality
The Analysis of Financial Statements
The Analysis of Segmental Data
Table of Contents provided by Publisher. All Rights Reserved.

Rewards Program

Customer Reviews

Great financial book March 17, 2011
This textbook is an easy to read, comprehensive guide to understanding what goes into financial statements. There are useful hints as to where to find raw & comparative data & some good case studies. The textbook is thorough in its coverage of balance sheet, income statements, statements of retained earnings, and cash flow, and explains how to uncover hidden problems in review of a firm's financial statements. I suggest it for those interested in the analysis of the income statement and the balance sheet.
Flag Review
Please provide a brief explanation for why you are flagging this review:
Your submission has been received. We will inspect this review as soon as possible. Thank you for your input!
Understanding Financial Statements: 5 out of 5 stars based on 1 user reviews.

Write a Review