Understanding Financial Statements

For business courses such as financial statement analysis, personal finance, and financial planning and analysis. An analytical approach to understanding business financial statements

Understanding Financial Statements provides students with the conceptual background and analytical tools to understand and interpret business financial statements. The text helps boost readers confidence in analyzing these documents as well as understanding a firms historical, current, and prospective financial condition and performance.

Following the previous editions, the 12th Edition continues to showcase superior readability, concise coverage, and accessibility. It features new cases and enhanced learning tools to help students make sense of complex financial information, so that they can make sound, profitable business decisions.