- Paperback: 272 pages
- Publisher: John Wiley & Sons; 7th Edition edition (13 Jun 2008)
- Language English
- ISBN-10: 0470343311
- ISBN-13: 978-0470343319
- Product Dimensions: 27.7 x 21.3 x 0.8 cm
- Amazon Bestsellers Rank: 4,652,846 in Books (See Top 100 in Books)
- See Complete Table of Contents
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Product Description
Product Description
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.
About the Author
Jamie Pratt, PhD, is a KPMG Professor of Accounting at Indiana University. He has authored several articles as well as two other texts. Dr. Pratt currently serves as the secretary of the board for the Pratt Corporation and is on the Educational Advisory Committee of the American Accounting Association (AAA). He previously served in the capacity of program chair of the AAA, associate editor for The Accounting Review, and various editorial boards.
Inside This Book
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5 reviews
9 of 11 people found the following review helpful
Not a good book from a student point of view, but serves the purpose
12 Oct 2005
Format:Paperback|Amazon Verified Purchase
I bought this book because it is required for my Financial Accounting course. The book serves its purpose, which is to introduce the world of financial accounting to student like me who has no business background. However, the author has injected a lot of personal opinions into the text, which some are really biased. For example, the author emphasize on the mis-trust between management and investor. There is, to some extent especially after the scandals of Enron and WorldCom, but author has exaggerated it. Also, my professor, a former CFO, pointed out some formulas and pratices on the book have no value in the real world. The plus side is that the text in the book is not hard to understand.
1 of 5 people found the following review helpful
Of little value
19 Nov 2010
Format:Paperback|Amazon Verified Purchase
Financial Accounting In an Economic Context This text is of little value and there was no indication that it has another volume. Not suitable for masters level.
1 of 9 people found the following review helpful
Financial Accounting Study Guide
5 Oct 2007
Format:Paperback
Arrived in excellent, brand new condition. Came in a timely fashion. Great study guide with review and practice questions.
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