Financial Statement Analysis: A Practitioner's Guide 4th Edition

The book covers a wide range of tools that are used in the financial statements analysis. There are a lot of real-life use cases that stress the limits of these tools and how they could have been used to avoid a risky investment.I'd say, it can be used as an introduction to the world of analysis; however, this is not an easy read.I've re-read it twice and started it anew even more times. The fact that I have started to invest and actually apply some of the advices from the book has has helped me to finish it. Most of the topics should be further researched through Google or sites like Investopedia and some of them require a week+ to settle in.If you're in love with the idea of investment and have little to none experience in the field, this read is totally worth your dollars.

I have been analyzing financial statements for decades and I have found this book to be a very useful resource indeed. The book is divided into four parts.They are: Reading between the Lines, Basic Financial Statements, A closer look at Profits, and Forecasts and Security Analysis. The narrative is written in plain English, MBA not required for interpretation, and the material is relevant to credit analysts and securities analysts.If your looking for a functional and useful guide to financial statement analysis, this book will fit the bill.

Great for the subject content

If you know nothing about financial statements, this should not be a book of your choice - it expect you to know basic meaning of financial statement figures. But it helps you to see reality behind the statement and the intentions of its issuer. Armed with knowledge and many real-world examples this book provides, you won't be fooled by clever accounting tricks managers employ to boost their compensations and achieve cheep capital for their companies. Must-read of every value investor.

I use this book in my lectures Fundamental Analysis and Valuation for postgraduate students. It is very good supplement to the traditional valuation literature. Not only does it provide a healthy dose of theory in a readable format, but it also offers an abundance of examples. As such the book fully deserves its subtitle. A recommended read for anyone interested in financial statements and finance.

Great resource for financial statement analysis and offering different case studies on financial statements and different companies.

The book looks great! Easy to read. Worth the knowledge

The content in this book is great. But I'm about 100 pages in and have gotten very disheartened by all the errors I've found. I posted images of 3 errors. One is a graph that has only a fitted line and no dots plotted. The second is a reference to a table that doesn't exist. And the third is a calculation error that is grossly wrong. $816,400 vs $1701.I contacted Wiley regarding these errors and was told no one had reported them. They contacted the authors (supposedly) and the editor, neither responded. Wiley then offered me an e-book of equal or lesser value in the same category as compensation, which isn't what I want. I prefer a physical book for note taking, but they are unwilling to offer me one. Overall, I feel cheated, given that this is a relatively expensive book and I have no recourse to get the missing information. Buyer beware.