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Understanding Financial Statements, 8/E
Lyn M. Fraser
Aileen Ormiston

ISBN-10: 0131878565
ISBN-13: 9780131878563

Publisher: Prentice Hall
Copyright: 2007
Format: Paper; 304 pp
Published: 03/29/2006

This item has been replaced by Understanding Financial Statements, 9/E.

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A supplementary text for a variety of Business courses, including Financial Statement Analysis, Principles of Financial Accounting, Intermediate Accounting, Investments, Personal Finance, and Financial Planning and Analysis.

Understanding Financial Statements, retains its reputation for readability, concise coverage, and accessibility while incorporating the many new requirements and changes in accounting reporting and standards. The text gives students the conceptual background and analytical tools necessary to understand and interpret business financial statements. Its ultimate goal is to improve students' ability to translate financial statement numbers into a meaningful map for business decisions and thus enable each student to approach financial statements with enhanced confidence.

Q. Do you find students struggling when working with financial statements?

A. Fraser provides them with a concise supplement that presents tools for better underdstading of financial statements numbers giving students more confidence when tackling problems on the financial statements.

Q.Are you looking for ways to include coverage of the recent changes in accounting reporting and standards in your course?

A. Fraser povides a concise guide to understanding financial statements and provides coverage of the new reporting requirements and standards.

NEW! Updates of new financial reporting requirements are included, as well as changes required by the Sarbanes-Oxley Act.

NEW! Examples are provided throughout the chapters to illustrate accounting concepts and the current accounting environment.

MORE Extensive discussion of analysis of accounts receivable and the allowance account has been added to Chapter 2.

NEW! Calculating and analyzing gross profit margin for companies with multiple revenue sources is now covered in Chapter 3.

NEW CHAPTER! Chapter 5 has been added to cover the quality of earnings and financial reporting. This chapter has been placed before the final chapter that covers a comprehensive financial statement analysis.

NEW! The appendix covering segmental analysis has been placed as an appendix to Chapter 6, which covers financial statement analysis.

NEW! The two end-of-chapter cases have been completely revised with new and more recent company information.

NEW! A new research problem has been added to each chapter.

The comprehensive problem using Intel has been updated to the most recent annual report available, 2004.

A second comprehensive problem has been added to the textbook using the Eastman Kodak Annual Report, 2004. This problem illustrates the use of the financial statement analysis template available to users of the book at www.prenhall.com/fraser.

1. Financial Statements: An Overview.

2. The Balance Sheet.

3. Income Statement and Statement of Stockholders' Equity.

4. Statement of Cash Flows.

Appendix 4A: Statement of Cash Flows–Direct Method.

5. A Guide to Earnings and Financial Reporting Quality.

6. The Analysis of Financial Statements.

Appendix 6A. The Analysis of Segmental Data.

Appendix A. Summary of Financial Ratios.

Appendix B. Solutions to Self-Tests.

Appendix C. Glossary.

Financial Reporting/Financial Statement Analysis [CORE TEXTS] (Accounting and Taxation)
Intermediate Accounting (2 or 3 semesters) [SUPPLEMENTAL/VALUE PACK ITEMS] (Accounting and Taxation)
Financial Statement Analysis [SUPPLEMENTAL/VALUE PACK ITEMS] (Accounting and Taxation)
Undergraduate Corporate Finance [SUPPLEMENTAL/VALUE PACK ITEMS] (Finance)
Introduction to Financial Accounting [SUPPLEMENTAL/VALUE PACK ITEMS] (Accounting and Taxation)
Financial Statement Analysis [CORE TEXTS] (Finance)

Understanding Financial Statements, 9/E
Ormiston & Fraser
©2010 | Prentice Hall | Paper; 288 pp | Instock
ISBN-10: 0136086241 | ISBN-13: 9780136086246
Brief Description | Buy from myPearsonStore

A supplementary text for a variety of Business courses, including Financial Statement Analysis, Investments, Personal Finance, and Financial Planning and Analysis.

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

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

The ninth edition incorporates the many new requirements and changes in accounting reporting and standards that provide students with the information they need to know in today’s ever-evolving world of business finance.

Companion WebSite - Fraser, 8/E
Fraser & Ormiston
©2007 | Prentice Hall | On-line Supplement | Instock
ISBN-10: 0131878603 | ISBN-13: 9780131878600
URL: http://www.prenhall.com/fraser

Instructor's Resources (online), Understanding Financial Statements, 8/E
Fraser & Ormiston
©2007 | Prentice Hall | On-line Supplement | Instock
ISBN-10: 0131878581 | ISBN-13: 9780131878587
View Downloadable Files

Powerpoint Slides (download only), Understanding Financial Statements, 8/E
Fraser & Ormiston
©2007 | Prentice Hall | On-line Supplement | Instock
ISBN-10: 013187859X | ISBN-13: 9780131878594
View Downloadable Files

Solutions Manual (online only), Understanding Financial Statements, 8/E
Fraser & Ormiston
©2007 | Prentice Hall | On-line Supplement | Instock
ISBN-10: 0131878638 | ISBN-13: 9780131878631
View Downloadable Files

Test Item File (online only), 8/E
Fraser & Ormiston
©2007 | Prentice Hall | On-line Supplement | Instock
ISBN-10: 0131992457 | ISBN-13: 9780131992450
View Downloadable Files

Companion WebSite - Fraser, 8/E
Fraser & Ormiston
©2007 | Prentice Hall | On-line Supplement | Instock
ISBN-10: 0131878603 | ISBN-13: 9780131878600
URL: http://www.prenhall.com/fraser

A-1 Photography Practice Set - Manual Version, 3/E
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©1999 | Prentice Hall | Paper; 125 pp | Instock
ISBN-10: 0130803103 | ISBN-13: 9780130803108
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Comp Accounting Tip Sheet
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©2010 | Prentice Hall | Paper | Estimated Availability : 03/15/2009
ISBN-10: 0136112293 | ISBN-13: 9780136112297

FinCoach 2.0: CD-ROM Edition
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©2002 | Prentice Hall | CD-ROM Only | Instock
ISBN-10: 0130606189 | ISBN-13: 9780130606181
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ISBN-10: 0130622648 | ISBN-13: 9780130622648
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International Financial Reporting Standards (IFRS) Tips
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ISBN-10: 0136100899 | ISBN-13: 9780136100898
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Interwrite Personal Response System
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©2004 | Prentice Hall | Electronic Supplement | Instock
ISBN-10: 0321267354 | ISBN-13: 9780321267351

Math Tips for Accounting
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ISBN-10: 0136112285 | ISBN-13: 9780136112280
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PH Accounting Excel Tips, 6/E
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©2006 | Prentice Hall | Paper; 1 pp | Instock
ISBN-10: 0131499653 | ISBN-13: 9780131499652

Peachtree Complete 2006-CD, 6/E
Peachtree Software & Inc.
©2007 | Prentice Hall | CD-ROM Only | Instock
ISBN-10: 0132275090 | ISBN-13: 9780132275095
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Understanding Sarbane-Oxley Act of 2002: Impacting the Accounting Profession
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©2005 | Prentice Hall | Paper; 56 pp | Instock
ISBN-10: 0131855263 | ISBN-13: 9780131855267
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Wall Street Journal User's Guide, The
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©2004 | Prentice Hall | Paper | Instock
ISBN-10: 0321267001 | ISBN-13: 9780321267009

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MyFinanceLab 6-Month Student Access Code Card (standalone)
Prentice Hall
©2009 | Prentice Hall | Access Code Card | Instock
ISBN-10: 0136066445 | ISBN-13: 9780136066446
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Prentice Hall Guide to Economist.com
Economist.com
©2002 | Prentice Hall | Paper | Instock
ISBN-10: 0130668346 | ISBN-13: 9780130668349

Companion WebSite - Fraser, 8/E
Fraser & Ormiston
©2007 | Prentice Hall | On-line Supplement | Instock
ISBN-10: 0131878603 | ISBN-13: 9780131878600
URL: http://www.prenhall.com/fraser

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Understanding the Corporate Annual Report: Nuts, Bolts and a Few Loose Screws

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Financial Management For Public, Health, and Not-for-Profit Organizations, 2/E

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