Understanding Financial Statements(12th Edition)

Authors:

Lyn Fraser, Aileen Ormiston

Type:Hardcover/ PaperBack / Loose Leaf
Condition: Used/New

In Stock: 1 Left

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$126

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Book details

ISBN: 978-0137959488, 9780137959228

Book publisher: Pearson

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Book Price $126 : Understanding Financial Statements by Lyn Fraser and Aileen Ormiston, now in its 12th edition, is a comprehensive guide designed to demystify the concepts of financial accounting and reporting. The book aims to equip readers with the ability to interpret financial statements with confidence, a skill critical in both business and investment contexts. Featuring detailed explanations and illustrative examples, the book delves into the components of financial statements such as balance sheets, income statements, and cash flow statements. Each chapter is designed to build upon the previous one, ensuring a gradual learning curve for readers. The use of a solution manual is highly encouraged to reinforce learning and clarify complex topics. An answer key is also included to assist with self-assessment. The book's table of content is logically structured, making it easy for readers to find specific topics of interest. The text is tailored towards students and professionals who require a solid understanding of financial jargon and the ability to analyze the financial health of organizations. By integrating practical examples with theoretical concepts, the authors succeed in making the subject accessible and engaging. The reception by readers and educators alike highlights its utility as an indispensable resource in financial education. The book's focus on real-world applications makes it relevant in today’s ever-evolving business landscape, thereby attracting positive reviews. In the context of LSI, it serves as a valuable resource for anyone involved in financial reporting, investment analysis, or business strategy planning. Cheap educational tools like this summary democratize learning for students worldwide.

Customer Reviews

Trusted feedback from verified buyers

SB
Shane Barber
4.0
Got this book for my studies at Eastern Gateway Community College and it’s been a pretty helpful guide so far. I snagged it at a discounted price which was a nice bonus and the material breaks down financial statements in an easy way that doesn’t overwhelm you with jargon. I haven’t finished it yet but the examples make things stick better, and it’s been really good when I’m catching up on homework. Not the fastest reader but worth having around cause it clears up a lot of stuff I struggled with. Packaging was decent and arrived quickly too.
NA
Nicholas Archer
4.0
Needed something for my FIN 201: Financial Statement Analysis and found this at a good price so went for it. It got here pretty quick and actually looks legit, not beat up or anything. Haven’t gotten through much yet but from what I read it’s not confusing at all, makes the statements clearer and that’s what I needed.
DS
Dylan Sanders
4.0
So I grabbed this book for my stuff at Pomona College because it was discounted and figured why not. Haven’t finished everything but what I’ve read makes financial statements less confusing and it's written in a way that’s actually easy to stick with. The examples they give helped me understand the parts I kept messing up. Book’s pretty sturdy and the price was definitely right. I use it as more of a go-to when doing homework and it’s been a chill way to double check ideas without overloading me. Would recommend if you’re tired of jargon.
LH
Laura Hammond
5.0
Received the textbook efficiently for my course ACCT 201: Financial Statement Analysis and the hardcover looks great for the price I got it at—discount was a nice bonus. Haven’t dug deep yet but the paper quality feels durable, should hold up well through the semester. Pretty happy so far!
RG
Robert Grant
4.0
This book is a solid choice if you're looking to deepen your understanding of financial statements. It's thorough yet accessible, combining theoretical principles with practical applications. I'll admit it can drag in some parts, but the overall value outweighs this minor drawback.
SS
Seth Simmons
5.0
Understanding Financial Statements, 12th Edition is a lifesaver for anyone diving into the world of finance. The book is incredibly well-organized, making complex topics seem straightforward. I particularly appreciated the detailed examples that make abstract concepts come to life. Each chapter builds on the last, which helps in grasping the full picture of financial statements analysis. I got an extra discount with my subscription, which was a nice bonus! The book arrived super fast and in perfect condition. It's truly an outstanding resource for both beginners and seasoned professionals!