A revised and updated standard reference (3rd ed., 1990) presenting an up-to-to-date treatment of the analysis of financial statements as an aid to decision making. It focuses on understanding the data which are analyzed as well as the methods by which they are analyzed and interpreted. Annotation copyright Book News, Inc. Portland, Or.
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The fourth edition of Analysis of Financial Statements continues to provide the best information on the knowledge and skills needed for the intelligent analysis of financial statements. It illustrates a variety of methods of analyzing, interpreting, and understanding financial data.Knowing what information can be found in financial statements, where it can be found, and how to reconstruct transactions, including making reasonable assumptions, is essential in the thorough analysis of financial statements.With more than 43,000 copies sold in previous editions, Analysis of Financial Statements is a standard reference for everyone who must make decisions based on financial statements. This comprehensive guide incorporates valuable suggestions from practicing financial analysts, credit analysts, and other users of financial data into its timely discussions of current accounting and auditing standards practice.If you're a security analyst, investor, lending officer, accountant, manager, or executive who must make decisions on the basis of financial data, you will want to make this comprehensive and updated treatise of the subject a part of your reference library.
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