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Financial Accounting Theory

3.38  ·  Rating Details  ·  32 Ratings  ·  5 Reviews
Scott reveals vast amounts of financial accounting information drawn from recent research that has until now been hidden in academic journals. He provides a clear, easy-to-use framework for students to (1) place this information in a financial accounting context, (2) explain and analyze the information intuitively and (3) to reveal the informationOs relevance in understand ...more
Hardcover, 418 pages
Published November 20th 1996 by Prentice Hall
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Arwa
Nov 19, 2014 Arwa rated it it was ok  ·  review of another edition
The book is a very dry read. However, the concepts are explained clearly along with examples to clarify and strengthen understanding for the reader.
Nur Fadilla Octavianasari
Been madly in love with efficient security market, the oh so famous Ball and Brown study, and earning response coefficient.

Efficiency implies that market price reflect all the information (historical, all publicly known information, and inside information), consequently when market price fully reflect all available information, investor would stop gathering information cause the price is fully informative and only rely on market price as the best indicator of future security returns.
Then whats
...more
Jayme
Dec 19, 2014 Jayme rated it did not like it  ·  review of another edition
Sooooooo dry.....
Renita
Aug 14, 2011 Renita rated it did not like it  ·  review of another edition
Shelves: textbooks
I thought that Accounting Information Systems was a sleep inducer, but I have been proved wrong by this gem. If ever I have a bout of insomnia, I shall pluck this book from my shelf and upon reading the first pages will either fall right asleep or my blood pressure shall rise exponentially.
Michelle
Apr 23, 2011 Michelle rated it liked it  ·  review of another edition
Shelves: textbooks
This book is about accounting theory--how good could it be? The topic is seriously boring, even though I'm an accounting student.
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