Understanding Financial Statements - Essay Example

Security analysis, corporate financing policies analysis are some of the areas that application of the framework is possible. Their work focuses on how to increase the effectiveness in corporate boards.

Peterson Drake, Pamela, and Frank J Fabozzi. Analysis Of Financial Statements. Hoboken, N.J.: Wiley, 2006. Print.
The book gives readers the practical capability of analyzing financial statements. The authors give the reader up-to-date methods of how to make financial statements meaningful. The practical capability gives individuals the knowledge of tactically analyzing financial statements. Readers will have the knowledge of understanding the risk and profitability of a business.

Wild, John J, Leopold A Bernstein, and K. R Subramanyam. Financial Statement Analysis. Boston, Mass.: McGraw-Hill, 2001. Print.
The authors talk about ways of scrutinizing financial statements in the volatile markets of an uncertain economy. In addition, the financial statements provide the readers with the ability to forecast financial statements accurately. The authors also teach individuals that ethical issues make it hard for accountants to manage financial statements.

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