Financial Reporting and Analysis (2nd Edition)

by Lawrence Revsine, Daniel W. Collins, W. Bruce Johnson

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Product Description

Financial Reporting and Analysis, Second Edition reveals the truths hidden behind the numbers and shows the pitfalls to avoid when analyzing financial statements. A focus on core topics allows readers to examine the economic and institutional setting for financial reporting, accrual accounting and income determination, structure of the balance sheet and statement of cash flows, essentials of financial statement analysis, the role of financial information in valuation and contracting, receivables, inventories, long-lived assets and depreciation, financial instruments as liabilities, financial reporting for leases, income tax reporting, pensions and postretirement benefits, financial reporting for owners' equity, intercorporate equity investments, statement of cash flows, and an overview of international financial reporting differences and inflation. For anyone whose job includes preparing and analyzing financial statements.

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All Customer Reviews
Average Customer Review: 3 out of 5 stars

0 of 0 people found the following review helpful:

5 out of 5 stars

Financial Reporting & Analysis, 2008-09-23
Book Arrived on time and in the condition that was presented. Very satisified with the product.

0 of 0 people found the following review helpful:

1 out of 5 stars

Shipping ripoff/ unfounded claims, 2008-04-28
I ordered expidited shipping for my product to get it sooner than the regular shipping. They happily charged me for expidited shipping, then turned around and sent the book via media mail. Also, the item diescription for my book said it was highlighted by a student that got a B+ in the course. I have yet to find any hightlighted areas in the book. When I contacted the seller via email to inquire, they cam back at me angry claiming that I was trying to threaten them. This was a poor experience at best. I will never shop with this Seller agian.

0 of 0 people found the following review helpful:

3 out of 5 stars

Financial Reporting book review, 2008-04-09
Recent Accounting knowledge is a plus when reading this book. A few examples of problem solving would be nice. An answer key to the exercises in each chapter would be helpful too.

You will want a fresh mind & coffee when reading this book!

2 of 3 people found the following review helpful:

2 out of 5 stars

Almost everything I dislike in a textbook, 2006-05-08
This book has many characteristics that I really dislike to see in a textbook.

First, the authors flooded almost every page with extraneous information. When you're learning this stuff, you want it to be explained simply and clearly - but the authors seem more intent on showing you how much they know about some topic, even when that information is tangenital and not very helpful.

They don't word things clearly. They'll call the same thing by two different names - (i.e. "Pension Cost" and "Pension Expense") which needlessly adds to the confusion. They'll discuss some topic for several pages without even writing down the basic, relevant journal entry.

One of the wordiest, most poorly written accounting books I have ever had the displeasure of studying from.

2 of 2 people found the following review helpful:

3 out of 5 stars

One of the better books available, 2003-09-30
This publication provides a thorough and comprehensive review of almost every important aspect of accounting, financial analytics and reporting. A useful tool for a person new to finance or someone needing a refresh or review of important topics. A solutions manual would have been helpful, but the book is a valuable buy nonetheless.

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