Quantity:

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16

"A horrible textbook..."

Written By: H. Drye

This is by far, the worst accounting textbook I have ever used. Even with prior accounting knowledge and experience, I found this book extremely hard to read and follow. The writers would spend pages explaining in detail a simple concept (such as what a current asset or liability is) but skip over new and complicated matters in a few brief sentences. The explanations are very high level and impossible to follow at times. To any professors considering this text, please look elsewhere. Your students will be better off without a book at all.

"Worst text book EVER!!!!"

Written By: M

Not sure how McGraw pitched this book to schools but every one I know who have taken a class with this book agrees this is the worst book for students. It's hard to read, doesn't explain much, and the chapters are extremely long.

"I would recommend with only the instructor CD rom"

Written By: Anthony Johnson

Overall, I think the book is full of detail and a little difficult to understand even though I work as a credit analyst. It was well written for credit analysts. To someone that has not been trained in credit and does not work in credit it might be too much information. This book was recommended to me in a credit course I took and it is the best book I have and surpasses any credit course I took as it goes in depth but is not really that difficult. The book does not go into accounting such as T accounts and debits and credits.

If you can get the instructor CD rom, which has all the answers to the questions (there are many at the end of each chapter) then it is well worth the money spent. The answers do provide a lot of information. The CD also has power point slides and word docs of all the answers. The book goes from basic in teh first few chapters to complex towards the end. There are excellent analyses of capital structure, liquidity, profitability and shows excellent analysis of companies. There is a comprehensive fs analysis at the end for Campbells soup and Dell and it is very well written. Again, you need the CD to get full benefit. At the end of each ch there are numerous questions, exercises, case studies and problems. It takes forever to do though them and many are CFA adapted questions.

The CD rom should not be restricted like it is. It was very annoying to hear that the authors do not allow the students to get the CD. They should have separated the answers to the questions from the test bank.

I agree with a previous comment that some of the answers were wrong but I think for the most part they were right and the amount of information in the answers was good. I think some questions were not answered very well though but most had quite a lot of good information. It did not dive into accounting at all either which some others had mentioned.

**Definitely try and get the CD or contact me.
ett@wt.net

"Worst finance book ever."

Written By: M. D. Schnee

This book is horrible! The chapters are thrown together with no real organization and are way too lengthy. Every week when we go over the answers to the homework, it turns out that five or six of the "teacher's answers" were wrong! I would not recommend this to any professor teaching a financial statements analysis class.

"Not user friendly"

Written By: Peter W. Vanderschans

I have been using this textbook for a few weeks now in a class at Regis University. It is not an easy read. Full of details without a good layman's explanation of concepts. It assumes a lot of prior accounting knowledge.