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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Analysis of Financial Statements is a powerful business handbook for investors, bankers, and other professionals who rely on financial statement understanding and analysis. For investors who need to evaluate why increased sales didn't lead to higher stock prices...for bankers who need to know the underlying reasons a customer wants to borrow funds...for any business person who needs to analyze and understand financial statements...Let Analysis of Financial Statements be your guide to understanding the language of financial statements. This valuable reference helps investors and other business professionals utilize the appropriate methods for analyzing, interpreting, and understanding financial data, and use those data to take full advantage of opportunities while sensing those data to take full advantage of opportunities while sensing and sidestepping unforeseen financial risks. Open its covers and see for yourself why it has been called "today's most unique, useful reference for results-driven financial analysis."
Leopold A. Bernstein is a professor of accounting at Bernard M. Baruch College, City University of New York.
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