Understanding financial statements(9th Edition)
Authors:
Lyn M. Fraser, Aileen Ormiston
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Solution Manual Includes
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Book details
ISBN: 136086241, 978-0136086246
Book publisher: Pearson
Book Price $0 : The book 'Understanding Financial Statements' by Lyn M. Fraser and Aileen Ormiston is a definitive guide for interpreting and analyzing corporate financial statements. Now in its ninth edition, the book provides a comprehensive approach to understanding financial reporting, emphasizing the analysis of real-world businesses and integrating numerous examples to enhance learning. The text delves deeply into essential concepts such as balance sheets, income statements, cash flow statements, and financial ratios—each instrumental for evaluating a company’s financial health. The authors highlight methodologies for assessing financial performance, discussing the intricacies of accounting standards, and the impact of economic events on company finances. A notable feature of this edition is the incorporation of a detailed 'solution manual', providing thorough explanations of complex problems. An 'Answer Key' accompanies various exercises, allowing readers to self-assess and reinforce their understanding of each topic. The 'table of content' is structured to facilitate easy navigation, guiding readers through each chapter with clarity and precision. Praised for its practical approach and clarity, the book has been well-received by students and financial professionals alike, making it an invaluable resource in academic settings and beyond. Featuring diverse case studies and end-of-chapter questions, the book fosters critical thinking and application of financial concepts. This cheap guide distills complex information into manageable segments suitable for all learning levels.
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