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eBook Financial Accounting in an Economic Context download

by Jamie Pratt

eBook Financial Accounting in an Economic Context download ISBN: 0470128828
Author: Jamie Pratt
Publisher: Wiley; 7 edition (May 2, 2008)
Language: English
Pages: 792
ePub: 1169 kb
Fb2: 1913 kb
Rating: 4.6
Other formats: txt mbr rtf lit
Category: Work and Money
Subcategory: Accounting

The 13-digit and 10-digit formats both work.

The 13-digit and 10-digit formats both work.

Up-to-date, expanded, and detailed IFRS coverage is now included. The SEC 2014 roadmap is explored in all chapters. Comprehensive coverage of real-world financial crisis issues is presented.

Book was delivered in an excellent condition. com User, April 30, 2009. The study guide looked like a brand new one!!! absolutely no markings and very neat.

5 Using Financial Statement Information. Part 3 Assets: A Closer Look. 7 Merchandise Inventory. 8 Investments in Equity Securities. 10 Introduction to Liabilities: Economic Consequences, Current Liabilities, and Contingencies. 11 Long-Term Liabilities: Notes, Bonds, and Leases.

2. A Closer Look at the Financial Statements.

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The text enables MBA students to become effective managers and decision-makers by encouraging them to develop a conceptual understanding of the impact that economic events have on a business.

A valuable resource for any business professional, this book shows how performance metrics available from the financial statements, shareholder value creation, and the firm's market value are all tied together. It also explores earnings management, including the use of discretion by management in the preparation of the financial statements to cast a favorable picture of the financial performance and condition of the firm. Readers will then delve more deeply into the methods used to account for operating, investing, and financing transactions.
Comments: (7)
Bought this book to help me analyze financial statements and has been really informative. Not a finance major, but understandable.
Very good read!
I am going to be assigned to read this book for a class I will be taking in the fall when I start my MBA. I purchased it ahead of time because I am concerned about the class and wanted to get a good grade.

I feel that this book is very comprehensive. I have understood just about everything that is written. It is not overly indepth, which in my opinion is a good thing for an entry level book. It also provides a ton of examples which is great. I would recommend this book to everyone.

My one recommendation, just in case Mr. Pratt reads this is that there are interesting "questions for thought" on just about every page of the book. I always read them and them I'm left wondering what the answer is which has become really annoying because I'm honestly curious if what I'm thinking is right. It would definitely be a lot better if there were discussions of these questions rather than just the questions.
This is your typically dry and straightforward treatment of financial accounting. The chapters are clearly written, with objectives stated at the start and concise summaries of the main points at the end.

Speaking from my experience as a college instructor in a completely different discipline, I see very little value to this text as a teaching tool compared to cheaper alternatives like John Tracy's How to Read a Financial Report: Wringing Vital Signs Out of the Numbers and Karen Berman and Joe Knight's Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean. This is especially true if the real purposes of the gateway Financial Accounting class are to learn basic terminology, how subjective accounting decisions can be (e.g., revenue recognition, depreciation method, inventory valuation, etc.), the possible ways management can manipulate financial statements, and the basic structure of the modern business. These two other books make much better self-study books, as they are written in first-person (and are thus conversational in tone) and are simply more engaging and enjoyable to read.
Came on time in excellent condition. Have not started the class yet, but looks comprehensive
it's only "accepatable". At least three students used this book. but for the low price, it's still a good choice.
This book is SO boring!
No answers to its exercises! I got answers from my professor.
Some exercises have the exact same questions but totally differnt methods to calculate! What I mean by different methods is not different ways that you could understand when you see keys, it's totally different ....(I do not know how to put it.) and these exercises are so caotic and it always drives me crazy!
It's out dated.
Some(a lot, I would say) accounting terminologies are used interchangeblly, you have no idea about the topic and you have to read it several more times!
Anyway, this is a weired, dangerous book! Use it only under your instructor's instruction! Or you will never finish it.
I have to say that this book was pretty useless as a student. I found it quite hard to follow. Luckily, my professor was a disciple of the book's author, Jamie Pratt. If not for him, I would have never been able to figure this book out. Other than Indiana University, where Dr. Pratt is a professor of accounting, do not learn accounting from this book. You may not learn properly.