A supplementary text for a variety of Business courses, including Financial Statement Analysis, Investments, Personal Finance, and Financial Planning and Analysis.
Fraser and Ormiston take students behind the financial reports to assess the real financial condition and performance of U.S. companies.
Understanding Financial Statements, retains its reputation for readability, concise coverage, and accessibility, and gives students the conceptual background and analytical tools necessary to understand and interpret business financial statements. Its ultimate goal is to improve students' ability to translate financial statement numbers into a meaningful map for business decisions and enable each student to approach financial statements with enhanced confidence.
The ninth edition incorporates the many new requirements and changes in accounting reporting and standards that provide students with the information they need to know in today’s ever-evolving world of business finance.
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"It is my view that there are two things that make the Fraser and Ormiston text superior to any of its competitors. The first is the clarity with which it is written. It is straightforward and to the point. It is an excellent text or supplemental text for a course in financial statements analysis for non-accounting majors. In addition, the mini-cases are very useful as is the checklist of items the reader of financial statements should address when trying to make sense of such statements." John Erickson, California State University-Fullerton
"The text is accurate and very efficient in presenting some complex topics in a fundamental way that financial statement users can appreciate. Topics such as depreciation alternatives, inflation accounting, earnings per share, and the equity method are all handled in an appropriate fashion." — Charles Fazzi, Robert Morris College
"I use the text in a managerial finance course because it provides an excellent review of accounting and a concise treatment of financial statement analysis." — Eric Blazer, Millersville University
Lyn M. Fraser has taught undergraduate and graduate classes in financial statement analysis at Texas A&M University and has conducted numerous seminars on the subject for executive development and continuing education courses. A Certified Public Accountant, she is the coauthor with Aileen Ormiston of Understanding the Corporate Annual Report: Nuts, Bolts, and a Few Loose Screws (Prentice Hall, 2003) and has published articles in the Journal of Accountancy, the Journal of Commercial Bank Lending, the Magazine of Bank Administration, and the Journal of Business Strategies. She has been recognized for Distinguished Achievement in Teaching by the Former Students Association at Texas A&M University and is a member of Phi Beta Kappa.
Aileen Ormiston teaches accounting in the Business Department of Mesa Community College in Mesa, Arizona. She received her bachelor's degree in accounting from Michigan State University and a master's degree in finance from Texas A&M University. Aileen, prior to embarking on her teaching career, worked in cost accounting and also as an auditor in public accounting. She is a member of the American Institute of Certified Public Accountants and the American Accounting Association. Mesa Community College was one of 13 universities and colleges that received a grant from the Accounting Education Change Commission, and Aileen was actively involved in developing the new accounting curriculum. As a result of her pioneering work in changing accounting education, she was the recipient of the "Innovator of the Year" award from the League for Innovation in the Community College.
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Book Description Lebanon, Indiana, U.S.A.: Prentice Hall, 2009. Soft cover. Book Condition: New. No Jacket. This auction is not for the US Hardcover Edition but this is an International Edition. ISBN number may be different but cover page and contents identical to the US edition word by word. Bookseller Inventory # ABE-5346183396
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Book Description Prentice Hall, 2009. Paperback. Book Condition: New. book. Bookseller Inventory # 0136086241
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