Understanding Financial Statements

A supplementary text for a variety of Business courses including Financial Statement Analysis Investments Personal Finance and Financial Planning and Analysis An Analytical Approach to Understanding and Interpreting Business Financial Statements Understanding Financial Statements improves the students ability to translate a financial statement into a meaningful map for business decisions. The material covered in each chapter helps students approach financial statements with enhanced confidence and understanding of a firms historical current and prospective financial condition and performance. The Eleventh Edition includes new case studies based on existing companies and enhanced learning tools to help students quickly grasp and apply the materials. Fraser and Ormiston presents material in an engaging fashion that helps readers make sense of complex financial information leading to intelligent (and profitable!) decision-making.