A comprehensive reference tool for those interested in understanding and interpreting financial statements through a text that prides itself in readability, concise coverage and accessibility.

KEY TOPICS: Financial Statements: An Overview; The Balance Sheet; Income Statement and Statement of Stockholders� Equity; Statement of Cash Flow; A Guide to Earnings and Financial Reporting Quality; The Analysis of Financial Statements

MARKET: The text gives readers the conceptual background and analytical tools necessary to understand and interpret business financial statements

From the Publisher

Easily accessible -- regardless of the student's background -- 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.

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