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Analyzing Financial Statements: 25 Keys to Understanding the Numbers (The New York Times Pocket Mba Series)

Analyzing Financial Statements: 25 Keys to Understanding the Numbers (The New York Times Pocket Mba Series)

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Product Info Reviews

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Rating: 5 stars
Summary: How to convince your friends you are a CPA in ten minutes
Review: Dr. Press has taken the time to consider the needs of every accounting enthusiast from the non-matriculated MBA student to the corporate CFO in this fine reference authority. A must for any eager minded business professional.

Rating: 2 stars
Summary: Not As Good As They Say
Review: I bought this guide to financial statements, and I was impressed on how much was covered in such a short book. However, much is vague and misleading to the reader. I would recommend questioning why all the reviewers that rank this book so well are from PA. Those reviews are undoubtably from people representing the authors. You may want to look elsewhere for more thourough input on financial analysis.

Rating: 5 stars
Summary: A compelling reference tool for the accounting layperson.
Review: This book is extremely comprehensive in its content. The key concepts explored are written in an easy to understand format with detailed, real-life business situations. The author uses accurate accounting practices that both a beginner, and professional can learn from. This is one of the best resources I have purchased and at an incredible bargain.

Rating: 2 stars
Summary: Not As Good As They Say
Review: This is a good book if you do not know anything about financial statements analysis. However, since it belongs to the "Pocket MBA series", one would expect more advanced content.

Rating: 3 stars
Summary: Decent Primer for Beginners
Review: This is an excellent introduction to analyzing financial statements, at least for those who have never done so before or who have no background in business. It even is of benefit to seasoned financial people who don't necessarily spend a lot of time reviewing financial statements.

It covers quite a bit of information in a relatively small number of pages: taxation, inventories, cash flow, depreciation, capital investments, and even intangibles like Research and Development and market position. It is well organized and presented in plain Englsih, much to its credit.

However, keep in mind that this is more of a starting point. If you plan on spending a lot of time doing indepth analysis of financial statements, I would recommend starting with this book to provide the basics and then moving on to a more technical and detailed volume. You might want to pick an accounting and/or finance course along the way, too.

Rating: 3 stars
Summary: make it easily
Review: with this book it will be easy for any one to start reading abourt financial statements.

Rating: 5 stars
Summary: Clear, concise, to the point
Review: You can find plenty of textbooks that will march you wearily through 300 pages of accounting marginalia. But if you want a short course on how to approach an annual report, your best bet is this book. The book explains every accounting term that shows up in ordinary annual reports.


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