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Financial Reporting, Financial Statement Analysis, and Valuation: A Strategic Perspective (with Thomson One Access Code)

Financial Reporting, Financial Statement Analysis, and Valuation: A Strategic Perspective (with Thomson One Access Code)
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Publisher: South-Western College Pub
Hardcover: 1152 pages
Language(s): English
ISBN: 0324302959
Published On: 2006-04-04
Studio: South-Western College Pub
Product Description
Stickney/Brown/Wahlen is a balanced, flexible, and complete Financial Statement Analysis book that is written with the premise that students learn financial statement analysis most effectively by performing the analysis on actual companies. Students learn to integrate the concepts from economics, business strategy, accounting, and other business disciplines through the integration of a unique six-step process.
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Customer Reviews
"A good try"
Written By: Qiong Sun
We have used this book for the Accounting II class last term. It is not bad, though a little bit complicated. Since I was with an accounting major in undergraduate, it is not tough for me.

I guess the author is trying to help you to consider the complicated accounting treatment with the underlying business strategy. Meanwhile, probably he assumes a familiarity with accounting basics of the readers.

Overall it is a pretty good text for graduate program I think. Also, you have to pay more efforts to understand it well if without an accounting background.
"Best book on FSA I have ever read"
Written By: Ms. Qing Xue
I like its strategic focus and case-oriented approach. The FSAP is terrific. In this book, financial statements finally found its correct place: describe the strategic decisions made by management. This book is never dry. Instead, it is vivid, fascinating, and a great reading for anyone who is serious with a career in equity research.
"Worst textbook ever!"
Written By: K. Alexander
After three years of graduate school and two Master's degrees (MPH/MBA)I have to say this was the WORST textbook I was unfortunate enough to encounter. I wish I could get a refund for both the cost of the book and the pain and suffering I endured while trying to read it. If a professor tries to get you to buy this book please say "NO"!
"HORRIBLE BOOK EVER"
Written By: Zhang Minjuan
I am in an MBA program too. I have to use this book as a textbook for the course, Financial Statement Analysis. I have taken Managerial Financing before and done a very good job on that course. But it doesn't help me a lot to understand this terrible book. It isn't that course's fault. I appreciate that I have taken some financing course before I use this book. I can't understand this book very well totally because this book is terrible. Both textbooks for Financing and this course are published by the same publisher, Thomas?..I couldn't believe how different those two books are.

In this book, Pepsi case keeps confusing most readers. Most equations are not highlighted so you can not find them easily and quickly. Homework is not designed for the students who are studying this book but for the authors themselves. Fortunately, our professor sends his master copy to us. It will help us understand homework more, but unfortunately after we have handed in our results.

If anyone who teaches FSA, please do not use this book as your textbook for your students. Pls, pls, pls..Even though you are an expert on accounting or finance, your students will still suffer from your course and almost learn nothing from this TERRIBLE book.
"This book sucks if you're learning for the first time."
Written By: A. Percy
This book is TERRIBLE. I am an engineer in an MBA program. The book is supposedly for non accountants, but I don't see how it's possible to understand this book if you're not an accountant. If you're unfortunate and have to use this book, find a good book that you can actually read to supplement the subject.

There's a lot mumbo jumbo using technical terms that could be much easier stood with a table and reference to specific numbers in the table. There has got to be a better way to learn finacial statement analysis.
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