Understanding Financial Statements (9th Edition)
by Aileen Ormiston, Lyn M. Fraser
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Book Summary Information
Author: Aileen Ormiston, Lyn M. FraserEdition: Paperback
Audio: English (Unknown); English (Original Language); English (Published)
Published: 2009-03-01
ISBN: 0136086241
Number of pages: 288
Publisher: Prentice Hall
Book Reviews of Understanding Financial Statements (9th Edition)
Book Review: Poor supplementary materials
Summary: 1 Stars
The book reads extremely well. However, since one of the "goals" of the text is to assist persons wanting to learn the basic material on their own, then the answers to the supplementary cases, problems, etc., at the end of each chapter should be made available for either purchase or similar type problems should be made available (with the answers). When I contacted the publisher (Pearson) they sent me to the Pearsonstore to purchase student supplements. These supplements were in no way related to the book in question, and it appeared the publisher was unloading outdated stock onto unsuspecting purchasers.
People if your going to publish a book that has additional questions, cases and problems for people to do, and state that the book can serve as a "stand alone text" for those wanting to utilize it, then make the answers available. Yeah there are "multiple guess" questions available with answers, however the learning by doing part comes from answering the cases, problems and additional exercises listed at the end of each chapter after the "multiple guess" questions. If not, then why make the book available for purchase. At that point it becomes a ruse. Thank God I purchased it on the Amazon site and not on Pearson's at the outrageous price of $99.
Hence my reason for the one star.
Summary of Understanding Financial Statements (9th Edition)
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
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