The Analysis and Use of Financial Statements

Rating:
Summary: a tedious book
Review: This is a tedious book. It is not good as a textbook. Concepts are not clearly defined in explicit language, rather they are derived from lengthy FASB statements. There is no list of important concepts on the side of the pages as most textbook do. I learnt more of the accounting concepts from "fundamental of financial menagement" than this book. May be the book can be used as a supplementary of FASB document.