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Financial Accounting in an Economic Context | 
 enlarge | Author: Jamie Pratt
Publisher: Wiley
Category: Book
Buy New: $99.98
New (31) Used (18) from $88.88
Rating:  10 reviews
Sales Rank: 224735
Media: Hardcover
Edition: 7
Pages: 792
Number Of Items: 1
Shipping Weight (lbs): 3
Dimensions (in): 10 x 8 x 1.4
ISBN: 0470128828
Dewey Decimal Number: 657
EAN: 9780470128824
ASIN: 0470128828
Publication Date: May 2, 2008
Availability: Usually ships in 1-2 business days
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Product Description
A valuable resource for any business professional, this book shows how performance metrics available from the financial statements, shareholder value creation, and the firm's market value are all tied together. It also explores earnings management, including the use of discretion by management in the preparation of the financial statements to cast a favorable picture of the financial performance and condition of the firm. Readers will then delve more deeply into the methods used to account for operating, investing, and financing transactions.
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| Customer Reviews: Read 5 more reviews...
 late response to email but book was delivered November 11, 2008
R. Subburaman (CA, USA)
I was really afraid whether the book will be delivered or not since there was no response to my emails initially. But after 2 weeks I got an email response and later the book was delivered. Thank you.
 Good book for non-accountants November 10, 2008
David Carter
Back in the early 90's I took Professor Pratt's class when he was on loan to the Kellogg School of Business at Northwestern. His book had not yet been published but he gave all of us copies of the manuscript for the course. So..I needed to replace that version since it had long since fallen apart. This book is great for non-accountants who wish to enhance their understanding of annual reports and interpretation skills. As anyone who has glanced through an annual report can attest, they are not terribly straightforward in identifying changes in the financial status of a company that are less than flattering. They tend to 'accentuate the positive.' Jamie Pratt teaches how to see through these reports to more accurately assess a company's financial condition. Don't expect to be spoon fed by reading this book. Like any complex system, becoming proficient requires study and understanding of fundamental concepts. If you are willing to commit some time, this book will provide the necessary tools.
 Was this book proofread properly? September 14, 2008
Edwin Alexander (Palmetto Bay, FL United States)
I have to say that this book was pretty useless as a student. I found it quite hard to follow. Luckily, my professor was a disciple of the book's author, Jamie Pratt. If not for him, I would have never been able to figure this book out. Other than Indiana University, where Dr. Pratt is a professor of accounting, do not learn accounting from this book. You may not learn properly.
 Financial Accounting Study Guide October 5, 2007
Brittnee Jenkins (Atlanta currently, otherwise Columbia, SC)
Arrived in excellent, brand new condition. Came in a timely fashion. Great study guide with review and practice questions.
Not a good book from a student point of view, but serves the purpose October 12, 2005
QY
4 out of 5 found this review helpful
I bought this book because it is required for my Financial Accounting course. The book serves its purpose, which is to introduce the world of financial accounting to student like me who has no business background. However, the author has injected a lot of personal opinions into the text, which some are really biased. For example, the author emphasize on the mis-trust between management and investor. There is, to some extent especially after the scandals of Enron and WorldCom, but author has exaggerated it. Also, my professor, a former CFO, pointed out some formulas and pratices on the book have no value in the real world. The plus side is that the text in the book is not hard to understand.
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