Average Customer Review:
4 of 4 people found the following review helpful:
A Terrible Text, 2003-06-23
This is a required text for Bussiness Analysis and Valuation at the University of Western Australia, so unfortunately I had to read it.
This book explains everything in a very long winded, round about way, making simple ideas difficult to comprehend. There are no key points that are highlighted seperate from the main body of witing, making revision tedious. The exercises at the back of this book often miss out vital parts of the question, or have errors, making them impossible to do with out the solutions, that do not come with book.
If possible I would highly recommend that you avoid this book.
4 of 7 people found the following review helpful:
Rich in substance, 2002-10-03
The book spans from the introduction of financial statements to the theory and application of complex accounting analysis and valuation. It brings both fields together in accounting based valuation. It has a good structure, many examples, is clearly written (albeit at times lenghty), and is very rich in substance.What I really liked about the text, though, is that it is grounded in principles and uses these to take you through many of the currently relevant, controversial and complex accounting issues many of us who have been dealing with the subject matters will have run into. This will make you think these issues through and reach an informed opinion.
12 of 32 people found the following review helpful:
Master piece of this subject!, 2001-03-02
This is by far the best one available in the market. Each chapter is well structured and tied together. You can not afford to miss any of them to get a good understanding of this topic. Basic finance background is needed to benefit from this book. Great insight and understanding.