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Download Analysis of Financial Statements epub

by Leopold Bernstein,John J Wild

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.

Download Analysis of Financial Statements epub
ISBN: 0070945047
ISBN13: 978-0070945043
Category: Business
Subcategory: Finance
Author: Leopold Bernstein,John J Wild
Language: English
Publisher: McGraw-Hill Education; 5 edition (October 11, 1999)
Pages: 529 pages
ePUB size: 1446 kb
FB2 size: 1704 kb
Rating: 4.2
Votes: 999
Other Formats: docx mbr lrf txt

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.
The Sphinx of Driz
too technical!
That's right, do NOT buy this edition of this book! What you should buy is the earlier (and expanded) edition, with the title: "Financial Statement Analysis (Theory, Application, & Interpretation)". The version I'm reviewing here is a stripped-down version of this originally excellent book, and it is totally inferior to the original version. The good version is authored by Leopold Bernstein alone, with no co-author, and it was published by Irwin Press. Bernstein died in early 2006, by the way. I have the 1989 edition of "Financial Statement Analysis, Theory, Application, and Interpretation", and it is the best book of this type I've ever found.

I had hoped a later edition would update me as to financial accounting law changes, but this version by Bernstein & Wild doesn't really talk much about accounting standards, and it omits SO MUCH of what the original editions had. Here are just two examples: this edition by the two authors has no mention of "goodwill" in its index and it doesn't seem to even discuss this important issue! And its index has no mention of "treasury stock" . It is as though the new publisher took the LEAST important topics from the original edition, and then left out the more important details of balance sheet and income accounting.!

Plus the paper quality and book design are much poorer in this "Analysis of Financial Statements" edition...

I have no idea what McGraw Hill was thinking when it took over the publishing of this book, but I think this dumbed-down version is a really poorly written and designed book and it is relatively worthless compared to Bernstein's original "Financial Statement Analysis, Theory, Application, and Interpretation" edition.

You can still buy copies of the good edition on Amazon, from secondary sellers, and at a low price. It has a blue cover and Amazon shows it on the same page as the inferior book(s).
Great book- but you should have a background in basic financial accounting before reading it to fully grasp it.
Very practical and can be used as a toolbox
This is the source. Thanks!
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.