Understanding Financial Statements(8th Edition)
Authors:
Lyn M Fraser, Aileen Ormiston
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Solution Manual Includes
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Book details
ISBN: 0131878565, 9780131878563
Book publisher: Pearson
Book Price $0 : Understanding Financial Statements by Lyn M. Fraser and Aileen Ormiston is a comprehensive guide dedicated to demystifying the complex world of corporate financial reporting. The eighth edition of this book aims to equip readers with essential skills in analyzing financial statements, understanding their intricacies, and applying this knowledge to real-world business problems. It uses a step-by-step approach, thereby transforming potentially overwhelming financial data into comprehensible, actionable insights. The inclusion of real-life examples enhances the book's utility by allowing readers to see theory put into practice. The authors highlight critical elements such as balance sheets, income statements, and cash flow statements, weaving in the importance of ratios and key indicators. The book's practical approach is underscored by its accompanying solution manual and answer key, which facilitate self-assessment and deeper understanding. Additionally, the detailed table of content provides an easy-to-navigate structure, guiding readers seamlessly through complex topics. Its adept coverage of financial analysis and its utility as an educational tool make it a favorite among business students and professionals alike. With consistent updates to reflect current standards and regulations, it remains a relevant and indispensable resource in the field of financial literacy and corporate finance. LSI Context: Delve into accounting principles, financial metrics, GAAP standards, investment strategies, business ethics, quantitative analysis, economic interpretation, managerial decision-making, audit functions, fiscal policies, and corporate governance in this insightful text.
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