Understanding the Corporate Annual Report: Nuts, Bolts and a Few Loose Screws

by Lyn M. Fraser, Aileen Ormiston

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For courses in Financial Accounting, Financial Reporting, Financial Statement Analysis, Introduction to Business, or MBA finance courses. Understanding the Corporate Annual Report: Nuts, Bolts, and A Few Loose Screws provides a clearly written, step-by-step guide to understanding corporate annual reports. Authors Fraser and Ormiston instruct readers on how to ignore the PR letters from the corporate management team, engaging graphics, and other "garnishes" that typically accompany current annual reports in order to focus on what really counts--a company's performance and financial health! Throughout the text, the authors examine management's attempts to manipulate earnings and other performance measures, and they explain what the numbers in the report really mean.

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Average Customer Review: 5 out of 5 stars

2 of 2 people found the following review helpful:

5 out of 5 stars

Recomended by an Accounting Professor, 2006-11-05
I am an accounting professor. This little book is a required text in the MBA course I teach, "Accounting for Managers". It is a great overview ofthe accounting process, and how it can be manipulated by the less-than-ethical. An easy read, but not simplistic. Anyone who owns or is thinking about buying stock should read it.

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