Analysis of Financial Statements [Hardcover]

Leopold Bernstein (Author), John Wild (Author)

Book Description

Series: Analysis of Financial Statements | Publication Date: September 20, 1999

Turn financial statements into powerful allies in your decision making

Whether you're an investor, creditor, consultant, regulator, manager-or an employee concerned about your company's well-being and the stability of your job-the ability to successfully interpret and analyze financial statements gives you a leg up in today's rough-and-tumble marketplace. Analysis of Financial Statements, Fifth Edition, by Leopold A. Bernstein and John J. Wild, gives you every practical, up-to-date method for making the data in financial statements clear and meaningful. You get analytical tools that range from computation of ratio and cash flow measures to earnings prediction and valuation as you learn how to reconstruct the economic reality embedded in financial statements. User-friendly and engaging, this hands-on classic is loaded with graphs, charts, and tables, so you can see how topics relate to the business practices of actual companies. A concluding comprehensive case analysis of the Campbell Soup Company gives shape and color to the author's step-by-step lessons.

Editorial Reviews

From the Back Cover

Analysis of Financial Statements is a powerful business handbook for investors, bankers, and other professionals who rely on financial statement understanding and analysis. For investors who need to evaluate why increased sales didn't lead to higher stock prices...for bankers who need to know the underlying reasons a customer wants to borrow funds...for any business person who needs to analyze and understand financial statements...Let Analysis of Financial Statements be your guide to understanding the language of financial statements. This valuable reference helps investors and other business professionals utilize the appropriate methods for analyzing, interpreting, and understanding financial data, and use those data to take full advantage of opportunities while sensing those data to take full advantage of opportunities while sensing and sidestepping unforeseen financial risks. Open its covers and see for yourself why it has been called "today's most unique, useful reference for results-driven financial analysis."

About the Author

Leopold A. Bernstein, Ph.D., CPA, is Professor of Accountancy at the Bernard M. Baruch College, City University of New York, and a consultant to numerous financial institutions and accounting firms. Dr. Bernstein is recipient of several prestigious honors, including the Graham and Dodd Award from the Financial Analysts Federation. He is author of several notable books including the influential college text Financial Statement Analysis, and writes frequently for business and professional journals including Financial Analysts Journal, Harvard Business Review, and others.

John J. Wild, Ph.D., is Professor of Business and Vilas Research Scholar at The University of Wisconsin at Madison. A frequent speaker at both national and international conferences, Dr. Wild is Associate Editor of Contemporary Accounting Research. His research on financial accounting and business periodicals. He is the author of several bestselling books including Fundamental Accounting Principles.

Product Details

• Hardcover: 529 pages
• Publisher: McGraw-Hill; 5 edition (September 20, 1999)
• Language: English
• ISBN-10: 0070945047
• ISBN-13: 978-0070945043
• Product Dimensions: 9.3 x 6.4 x 1.5 inches
• Shipping Weight: 1.8 pounds (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (3 customer reviews)
• Amazon Best Sellers Rank: #244,525 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

21 of 21 people found the following review helpful:

5.0 out of 5 stars One of the best I've read, March 16, 2006

By 

Charles Montgomery (AL U S A) - See all my reviews
(VINE VOICE)    (REAL NAME)   

Amazon Verified Purchase

This review is from: Analysis of Financial Statements (Hardcover)

I am not a CPA or Finance major. I am a physicist so the math is not intimidating. I have been investing as an amateur since retirement and this book gives solid and easily understood ways to get at the valuation of a company and its stock by investigating the financial statements. There is a good comprehensive case study at the end of the book, but I wish the authors would give more examples either within or at the end of each chapter.

56 of 65 people found the following review helpful:

5.0 out of 5 stars Each edition of this book just gets better and better!, June 2, 2000

By A Customer

This review is from: Analysis of Financial Statements (Hardcover)

I have bought every edition of this book, and it just keeps getting better and better. As a 25 year veteran of corporate finance, I continue to use this book myself on a regular basis and to recommend it to less experienced employees who are still developing their expertise. Every finance library should have this book.

11 of 11 people found the following review helpful:

5.0 out of 5 stars Great for students!, August 20, 2008

By 

PicOlio "PicOlio.com" (Franktown, CO USA) - See all my reviews

Amazon Verified Purchase

This review is from: Analysis of Financial Statements (Hardcover)

I purchased this book to assist me with some finance and accounting courses. It was one of the best purchases I could have made. The book is clear, concise, and informative. It made understanding several of the concepts behind financial statement analysis much much simpler. It is certainly worth every bit of the cost.