Financial Reporting and Analysis 8th Edition By Lawrence Revsine

If you are looking for a comprehensive guide on financial reporting and analysis, the 8th edition of “Financial Reporting and Analysis” by Lawrence Revsine is a must-have. This updated edition covers new FASB/GAAP standards in Leases and Income Recognition, as well as insights on the Tax Cuts and Jobs Act (TCJA).

Key Details:

• ISBN-10: 1260247848
• ISBN-13: 978-1260247848

Revsine’s book emphasizes not only the process of financial reporting but also the analysis of financial statements. By adopting a “user” perspective, the authors delve into the contracting and decision implications of accounting practices, shedding light on the significance of accounting decisions and their stakeholders. This approach helps readers comprehend the rationale behind accounting choices and their impacts.

The authors equip readers with the skills to become adept financial detectives, enabling them to read, interpret, and utilize financial statements effectively. Moreover, the book fosters critical-thinking abilities, aiding students in understanding how managers leverage the flexibility in GAAP to manipulate financial figures to suit their interests.

FAQs

Q: Who is the target audience for this book?
A: This book is ideal for students, professionals, and individuals interested in gaining a comprehensive understanding of financial reporting and analysis.

Q: Are there any digital resources available with this edition?
A: Yes, updates are included in Connect, an advanced digital teaching and learning platform that facilitates assignments and assessments for instructors.

Q: Is this book suitable for beginners in finance?
A: Yes, this book is structured to cater to readers with varying levels of expertise in finance, making it accessible for beginners as well.

Conclusion

“Financial Reporting and Analysis 8th Edition” by Lawrence Revsine offers a wealth of knowledge on financial reporting and analysis, making it an indispensable resource for anyone looking to delve deeper into the world of accounting. With its updated content and emphasis on critical-thinking skills, this book provides valuable insights for readers aiming to enhance their financial acumen.