This Hardcover Book item from Wiley was reviewed on 3-Oct-2008.
Search ISBN:0471111864 offer from Abebooks or used books from Alibris. The Analysis and Use of Financial Statements Reference Book. Classifications : Financial Accounting Industries & Professions Business & Investing Subjects Books General Business & Investing Subjects Books General Finance Accounting & Finance Professional & Technical Subjects Boo . Click the following link to view the cover of The Analysis and Use of Financial Statements. Related topics: Financial. Accounting. Subjects. Books. General. Subjects. Books. General. Finance. Subjects. requestid: d1a003c0-99ba-4c3f-b99f-34cc3a4a2741
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salesrank: 127830
edition: 2
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packagedimensions: 1801020575880
1) Hardcover Book The Analysis and Use of Financial Statements by Wiley. This book is not bad, but it´s not the best, either.
First, a lot of the problems in the book are incomplete (e.g.: they tell you to depreciate an item but don´t give you the salvage value). And they also don´t give many formulas, but they ask you to come up with them on your own, (e.g. Free Cash Flow). Some of the cases and problems are pretty vague, leaving you to fill in a lot of blanks that are integral to the problem.
This book is also becoming increasingly obsolete. (e.g. it was written before SOX.)
That being said, the book still gives you a good idea of some the ways you can use the information presented in a company´s financials to get a good idea of what´s really going on.¤ 2) Hardcover Book The Analysis and Use of Financial Statements by Wiley. I agree with the more critical reviewers. I´m reading the book for the CFA curriculum and the (mandatory) assignments taken from it are a real pain. The ideas are introduced in the most difficult way possible, the graphical presentation and examples chosen only add to the confusion and in my opinion a reader who does not already have a solid grasp of accounting will simply be unable to follow. By comparison, the other accounting chapters from the CFA curriculum, by different authors, are written in a much more comprehensible (and stimulating) style.
I do not deny that the authors have a profound knowledge of the subject - but this is not enough in order to write a useful textbook. Clarity in presentation and didactical style are also essential, and the authors are unfortunately not very inspired in both items.I hesitated between rating the book with one or two stars but in the end I decided for one star - why be indulgent with authors that are experts in their subject matter but are unwilling (unable?) to put up the extra effort needed in order to keep a reader interested and motivated?
Here´s an appeal to the CFA institute - keep the subjects in the curriculum but change the textbook. For instance, "Intermediate Accounting" by Spiceland et alia might be an alternative - it´s also quite difficult and demanding but at least the student will be given a fair chance to understand - not just memorize and muddle through- the contents.¤ 3) Hardcover Book The Analysis and Use of Financial Statements by Wiley. Anyone can benefit from this book. In addition to great credit fundamental instruction, this book is filled with real life examples of financial statement manipulation. This book is a must if you are reviewing financial statements or buying stocks.¤ 4) Hardcover Book The Analysis and Use of Financial Statements by Wiley. worst accounting I´ve ever read so far. It requires knowledge which doesn´t make sense for me cuz i think book should provide knowledge for reader. Basically, it doesn´t explain a thing. It´s not worth for what u pay.¤ 5) Hardcover Book The Analysis and Use of Financial Statements by Wiley. "The Analysis and Use of Financial Statements" is a thorough, detailed, comprehensive and authoritative guide on analyzing and using financial statements. This book was a core component of the CFA (Chartered Financial Analyst) study materials when I took the CFA examinations a number of years ago.
This is not a book for beginners. Even for those readers with finance and accounting experience, parts of this book can be challenging. It is a worthwhile, if time-consuming and at times difficult, undertaking to read and digest this book.
For those readers with an interest in learning how to analyze and use financial statements as effectively as possible, this is a good book to read.¤ 6) Hardcover Book The Analysis and Use of Financial Statements by Wiley. This guide to interpreting financial statements is written from the point of view of financial statement users. It will enable you to make better business and personal investment decisions by understanding how accounting choices affect financial data and how you can adjust reported data to enhance decision making. The book includes comparisons of US with foreign and international accounting standards as well as implications of academic research for financial analysis and decision making. You´ll also find discussion and analysis of such timely issues as market value accounting and off-balance-sheet financing techniques. This updated edition emphasizes coverage of international financial reporting.¤ Page Updated: Robert N. Goolsby, 31-Oct-2008, 04711118649780471111863, 620-300-1X0-640-880-300-8 
The Analysis and Use of Financial Statements, Book, Image © Wiley
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