Understanding financial statements / Lyn M. Fraser, Aileen Ormiston.

Format:

Book

Author/Creator:

Fraser, Lyn M.

Contributor:

Ormiston, Aileen.

Alumni and Friends Memorial Book Fund.

Language:

English

Subjects (All):

Financial statements.

Corporation reports.

Physical Description:

xvii, 267 pages : illustrations ; 24 cm

Edition:

Sixth edition.

Place of Publication:

Upper Saddle River, N.J. : Prentice Hall, [2001]

Summary:

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-making -- rather 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.

Notes:

Includes bibliographical references and index.

Local Notes:

Acquired for the Penn Libraries with assistance from the Alumni and Friends Memorial Book Fund.

ISBN:

0130277827

1567931332

OCLC:

43694481