Título: Financial Accounting for MBAs
Autor: Peter D. Easton
Sinopse: By Jonathan Salmon on November 28, 2011 Format: Hardcover The title of this book should give readers an idea of what to expect. This is a textbook aimed at students at the MBA level; it assumes that the reader has some basic business background. I have used this book for two MBA classes and I'm actually quite pleased with what it sets out to achieve. Additionally, the use of real-world financials from leading companies helped me understand context better than 'Jack's Widget Company' that is widely abused in textbooks. As mentioned in some other reviews, this book is broken up into 12 modules (chapters), each focusing on a particular company. I added some information on the first few chapters to give you an idea of how the book is laid out: -1. Focus Company: Berkshire Hathaway; Financial Accounting for MBAs. This is just an overview of financial accounting in general. -2. Focus Company: Apple; Introduction to the statements. Analyze financial transactions and their impacts. -3. Focus Company: Apple; Make accounting adjustments and construct the financial statements. -4. Focus Company: General Mills; Interpret statements. -5. Focus Company: Pfizer; Go beyond the revenues and dig into the earnings figures. This is the beginning of ratios such as ROE, RNOA, and various forms of ROA. -6. Focus Company: Cisco; Review operating assets such as Inventory and PPE. -Appendix B. Focus Company: Starbucks; This appendix deals mostly with constructing a cash flow statement. There is a lot of information here, but it is very well done. If you're patient enough to practice putting a few together on your own, you can conquer this pretty quickly. 'Rebecca S' mentioned the numbering of the pages, and although I agree that it is better to have pages numbered from 1-500, for example, this in no way detracts from the useful content. To clarify the numbering system, here are two examples: the third page of Chapter 4 is page 4-3. The seventh page of Chapter 11 is 11-7. Decide for yourself if this is a dealbreaker. I think there is a wealth of information inside these pages for someone willing to put in the effort. It is not an over-the-counter "basic" book such as Ittelson or Tracy (both highly recommended). Rather, this takes the user through the statements and into the rigorous details of making adjustments to financials for things like off-balance sheet operating leases, pensions, revenue and expense recognition practices, etc. Make no mistake, these are not fun things to sort through, but the book prepares the reader to dive in BEYOND the financials and into the notes to the financial statements, where the real data hides. Finally, a word about the example problems. There are plenty of problems in each chapter, without a doubt. However, there are no solutions in this text, which is a major negative in my opinion. The solutions manual can be found online if you search for it, but it is annoying that one has to find and pay for this additional resource. To counter this, the publisher maintains a website of limited problems and quizzes - with solutions - at no charge. This is not a book I think many will read outside of a classroom setting. But, if you are highly motivated and/or have a professor that pushes you to work hard with this text, a wealth of information awaits you. You will be very well-informed, financially speaking, if you understand most of this content. That is quite a reward!
Contexto da obra
Quando a classificação é mais ampla, o contexto do livro costuma depender ainda mais de autoria, tema e edição. “Financial Accounting for MBAs”, de Peter D. Easton, publicado pela editora Cambridge Business Publishers, em 2013 e com 1000 páginas, integra a categoria Livros Variados. Por isso, autoria, edição e tema acabam tendo ainda mais peso na forma de apresentar o livro.
Editora: Cambridge Business Publishers
Páginas: 1000
Ano: 2013
Edição:
Linguagem: inglês
ISBN: 1934319988
ISBN13: 9781934319987