Understanding Financial Statements

ISBN-10: 0130277827
ISBN-13: 9780130277824
Series: Understanding Financial Statements
Pages: 267
Language: English
Published: 2001
Publisher: Prentice Hall
Authors: Lyn M. Fraser, Aileen Ormiston

Description

A supplementary text for a variety of Business courses, including Principles of Financial Accounting, Intermediate Accounting, Investments, Personal Finance, and Financial Planning and Analysis. This classic text 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 students 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 students learn how to think and reason through complex, real-world situations. *NEW - New accounting and reporting standards - Incorporated throughout, especially in regard to comprehensive income and segments. *NEW - Writing skills problems added to each chapter. *NEW - Internet problems added to each chapter. *NEW - Real corporation (PETsMART) problems added to each chapter. *Mini-cases using the financial sta