Financial Statement Analysis with S&P insert card [Hardcover]

John J Wild (Author), K. R. Subramanyam (Author), Robert F. Halsey (Author), John Wild (Author), Robert Halsey (Author)

Book Description

ISBN-10: 0072870214 | ISBN-13: 978-0072870213 | Publication Date: February 27, 2003 | Edition: 8

Financial Statement Analysis, 8e, by emphasizing effective analysis and decision making, gives readers a competitive advantage in analyzing financial statements in an increasingly competitive market. Financial Statement Analysis, 8e, continues to set the standard (over 7 prior editions) in showing students the keys to effective financial statement analysis - including both accounting analysis (part II) and financial analysis (part III). The book is appropriate for students with broad business interests, as well as those who are majoring in accounting and finance as it clearly shows the relevance of financial statement analysis to all business decision makers. The authors apply 3 important criteria in their writing: (i) Make it relevant; (ii) Draw inferences for business decisions; and (iii) Make it accessible and interesting. In addition, the authors:

1. Use numerous and current "real world" examples

2. Focus on analysis while describing current reporting requirements

3. Apply a concise/succinct writing style

4. Explain securities valuation using financial statement analysis

Editorial Reviews

About the Author

John J. Wild is Professor of Business and Vilas Research Scholar at The University of Wisconsin at Madison, where he also received his Ph.D. He has received numerous teaching awards at Wisconsin as well as from Michigan State University. He is a frequent speaker at universities and national and international conferences.

Product Details

• Hardcover: 832 pages
• Publisher: McGraw-Hill/Irwin; 8 edition (February 27, 2003)
• Language: English
• ISBN-10: 0072870214
• ISBN-13: 978-0072870213
• Product Dimensions: 10.1 x 8 x 1.3 inches
• Shipping Weight: 3.6 pounds
• Average Customer Review: 3.5 out of 5 stars  See all reviews (6 customer reviews)
• Amazon Best Sellers Rank: #2,314,376 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

12 of 14 people found the following review helpful:

5.0 out of 5 stars Best Financial Statement "Analysis" Book Out There, June 11, 2003

By A Customer

This review is from: Financial Statement Analysis (Hardcover)

This book is exactly what it is titled. It is written for the equity analyst, to educate on how to analyze sophisticated financial statements. It is not written for an average investor or anyone not in this line of work. It is a textbook, not a paperback "how to invest" publication. Students with minimal accounting and finance experience should stay away. If, however, you are a finance professional looking to improve your ability to interpret (not create) financial statements, this book is the best available that I have seen. It segregates analysis into areas such as short-term liquidity, cash flow (using FAS 95), capital structure, return on investment, asset utilization, operating performance, etc., -and- how to meld these areas of analysis to uncover strengths and red flags. Again, this book is not for amateurs or even accountants. It is for current or aspiring professional analysts.

7 of 8 people found the following review helpful:

1.0 out of 5 stars Not great for learning basics, June 18, 2002

By 

James Varghese (Lafayette Hill, PA) - See all my reviews
(REAL NAME)   

This review is from: Financial Statement Analysis (Hardcover)

Unless you have a strong understanding of corporate finance, do not start off your financial statement analysis learning with this book. It is very text heavy and the concepts are drawn out far too long and as such, the book is very hard to follow. I don't consider myself a simple student either - I have a solid business background but this book confused both my class and my professor, who was using it for the first time (and vowed never to use it again). In summary, I really don't recommend this book at all unless you already have a solid background in finance and even then, you can def. find much better books for the money.

3 of 3 people found the following review helpful:

5.0 out of 5 stars Not for dummies, April 25, 2003

By 

Gigi "stopgigi" (San Francisco, California United States) - See all my reviews

This review is from: Financial Statement Analysis (Hardcover)

Detailed, comprehensive review of basic and more advanced topics in accounting and finance. Best suited for graduate level studies, and for students completed the beginner-level classes in financial accounting.
This book is not self-explanatory and induces students to think analytically. It is not aimed at those who simply want to know, but those who try to understand, those who try to get to the root of the issues.
If you don't mind to read the same chapter a few times, and willing to spend long hours working on problems you will find this book very rewarding. It will not only provide you with current developments in accounting, but it will teach you to think like financial analyst.
I won't recommend using this book without an instructor, or at very least a solution's manual.