Understanding Financial Statements (11th Edition)

Hbar said Focused, effective, and (relatively) gimmick free. This is the rare textbook that gets right to the relevant information. It's not over-produced with page after page of elaborate graphics or other fluff that adds nothing to the learning experience. The different financial statements are broken down in a manner that makes the organization and logic of the various financial statements clear and easier to understand. This grasp of financial statements is one of the most useful things that I gained from my MBA. This book shows that a book does not need to be elaborate to be effective.While this book is useful, it's . Financial Statements makes accounting accessible (for a change) Financial statements are terrifying for most people. Usually, when they are passed around a meeting, everyone's eyes glaze over while they tune out the conversation. This book makes financial statements accessible by showing their logic and backing up the logic with practical, real-life examples.. Financial Reference This is a useful book for a better understanding financial statements. It provides information that is useful for Board of Directors in both non-profit and for profit organizations.

The material covered in each chapter helps students approach financial statements with enhanced confidence and understanding of a firm’s historical, current, and prospective financial condition and performance. Fraser and Ormiston presents material in an engaging fashion that helps readers make sense of complex financial information, leading to intelligent (and profitable!) decision-making.. The Eleventh Edition includes new case studies based on existing companies and enhanced learning tools to help students quickly grasp and apply the materials. A supplementary text for a variety of Business courses, including Financial Statement Analysis, Investments, Personal ¿Finance, and Financial Planning and Analysis¿An Analytical Approach to Understanding and Interpreting Business Financial Statements¿Understanding Financial Statements improves the student’s ability to translate a financial statement into a meaningful map for business decisions

A Certified Public Accountant, she is the co-author with Aileen Ormiston of Understanding the Corporate Annual Report: Nuts, Bolts, and a Few Loose Screws (Prentice Hall, 2003) and has published articles in the Journal of Accountancy, the Journal of Commercial Bank Lending, the Magazine of Bank Administration, and the Journal of Business Strategies. She received her bachelor’s degree in accounting from Michigan State University and a master’s degree in fi

Fraser has taught undergraduate and graduate classes in financial statement analysis at Texas A&M University and has conducted numerous seminars on the subject for executive development and continuing education courses. Lyn’s most recent publication is a new mystery novel, “Debits and Credits”, published by Mainly Murder Press in 2014.¿Aileen Ormiston teaches in the Accounting Department in the W.P. She has been recognized for Distinguished Achievement in Teaching by the Former Students Association at Texas A&M University and is a member of Phi Beta Kappa. For her service to honors students, Aileen has been named a Phi Theta Kappa mentor.. Prior to embarking on her teaching career, Ailee