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Financial Accounting in an Economic Context 7th (seventh) edition Text Only, by Jamie Pratt
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- Sales Rank: #5191835 in Books
- Published on: 2008
- Binding: Hardcover
Most helpful customer reviews
8 of 10 people found the following review helpful.
Good book for non-accountants
By 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.
4 of 4 people found the following review helpful.
Inexpensive Yet Thorough Introduction to Accounting
By kirby
I had earned an essentially useless master's degree in another field and was thinking of switching to the field of accounting; I decided to buy the text to test the waters. This text is old enough that one can purchase a used copy for a very reasonable price but it is new enough that it still contains accurate information. It does an excellent job of defining essential accounting terms. It contains many examples and charts to facilitate learning. I recommend it for anyone thinking of switching professions.
4 of 4 people found the following review helpful.
Bad book - A waste of time and money.
By Jason
The book is complicated and dull. Besides that, there are no solutions or answers to problems. So, you cant use the book for self study.Try financial accounting by libby, its much better.
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