Understanding Financial Statements, 10th Edition

Fraser and Ormiston take readers behind the financial reports to assess the real financial condition and performance of U.S. companies.

Understanding Financial Statements, 10th Edition retains its reputation for readability, concise coverage, and accessibility, and gives readers the conceptual background and analytical tools necessary to understand and interpret business financial statements. Its ultimate goal is to improve readers’ ability to translate financial statement numbers into a meaningful map for business decisions and enable each reader to approach financial statements with enhanced confidence.

Table of Contents

CHAPTER 1 Financial Statements: An Overview
CHAPTER 2 The Balance Sheet
CHAPTER 3 Income Statement and Statement of Stockholders’ Equity
CHAPTER 4 Statement of Cash Flows
CHAPTER 5 The Analysis of Financial Statements