Financial Reporting and Statement Analysis: A Strategic Perspective

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Summary: Great book for executives-students
Review: A good book and great resource for someone interested in viewing FSA broadly. The authors do not forget the importance of accounting and reporting to analysis, however. Very current.

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Summary: Impossible to read and over priced!
Review: As a senior executive and MBA student in a top 10 program I found this book to be one of, if not the worse textbook I have ever had to work with. It is nearly impossible to read, it lacks crucial information and explanation of the topic. The exercises are endlessly longwinded, and are not helpful in understanding the material. The presentation, i.e., font and layout are objectionable and make it all the less desirable. This is an expensive book that offered no value whatsoever to my work at learning this material. Others in my program expressed similar views of the book. (If possible I'd give it no stars.)

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Summary: Found the book a nice balance between reporting and analysis
Review: As someone who wants finance, accounting, and strategy all in one book, this does a nice job of integrating things. Current examples are great. Access to solutions to cases would be most helpful

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Summary: broad, limited illustrations of case problems
Review: For someone with just the basic knowledge of accounting or finance, this book would certainly pose a challenge- especially with the case problems.

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Summary: This book was difficult to read and impossible to use.
Review: I've taken seven accounting classes as an MBA student and this was the most incomprehensible textbook by far. The writing was difficult to understand, the end-of-chapter problems were impossible, and the typesetting font caused eyestrain. I went so far as to obtain the teacher's supplement, but it was still no aid to understanding. There were CPAs in my class who were confounded by this book.

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Summary: Expensive but Confusing
Review: If you would like to learn more about Financial Statement Analysis, this should probably not a right book of you. The author have put many simple ideas into complicated words, not to mention the poor demonstration of cases. The examples are based on too much assumptions, but the basis for these assumptions are not clearly explained (which should be one of the most crucial parts). In addition, the questions in the "industry analysis" are set by the answer, (that means he already know company A is an airline, company B is a computer manufacturer, then he merely give the financial statements to you, and analyse it as if he doesnt know which company was in which industry), so he must be able find his way to draw his conclusion--that A's statement is A, B's statement is B, no matter how similar the two statements are. Ridiculous!


By the way, What you can learn from this book can be found on the internet, without charge.
The book does not deserve its price.

Rating:
Summary: a really bad and confusing book
Review: Students in search of a good book on financial statements should look at "The analysis and Use of financial statements" from White/Sondhi/Fried. Professor Stickney seems more interested in making money than in writing a decent book

Rating:
Summary: a really bad and confusing book
Review: Students in search of a good book on financial statements should look at "The analysis and Use of financial statements" from White/Sondhi/Fried. Professor Stickney seems more interested in making money than in writing a decent book

Rating:
Summary: A must have
Review: This book is very easy to comprehand and touches the basic of many aspects of financial statement analysis. I am an MBA-1 student. Of course, someone will have a different view depending on which MBA she/he is pursuing.

Rating:
Summary: Good Book for Executives and Students
Review: This is good Financial Reporting and Analysis book. Some chapters have been presented in a bit confusing way, overall it deserves good rating.