Financial Reporting & Analysis (FR&A) by Revsine/Collins/Johnson/Mittelstaedt emphasizes both the process of financial reporting and the analysis of financial statements. This book employs a true user perspective by discussing the contracting and decision implications of accounting and this helps readers understand why accounting choices matter and to whom. Revsine, Collins, Johnson, and Mittelstaedt train their readers to be good financial detectives, able to read, use, and interpret the statements and-most importantly understand how and why managers can utilize the flexibility in GAAP to manipulate the numbers for their own purposes. Significantly, the new edition emphasizes the differences and similarities between GAAP and IFRS, which is a critical component of this course.
It is a very dense textbook and is very intense reading. It covers a lot of material and goes very in depth but explanations can be a little confusing.
Great accounting book
Published by Thriftbooks.com User , 15 years ago
Great accounting book. Covers various topics and recent accounting changes and footnotes in excellent detail.
Very well written for an accounting textbook
Published by Thriftbooks.com User , 15 years ago
This was a textbook I used in a class at Berkeley. I thought it extremely well written for an accounting textbook. I also really liked the visual appeal of the book - font, colors, charts, layout. It's a visually beautiful book. Regarding other reviewers' complaints about lack of a solutions manual: I didn't have that problem because my instructor handed out photocopies of the official solutions for all assigned problems. If you are preparing for the CPA exam, you need to buy an exam review book full of problems and solutions. This book does not provide that and is not intended to. It is a textbook.
Financial Reporting & Analysis
Published by Thriftbooks.com User , 16 years ago
Book Arrived on time and in the condition that was presented. Very satisified with the product.
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