With its widely popular conceptual approach, this classic textbook has been revised in full color and will continue to be the leader in its field. The text incorporates many real-world examples and financial statements as well as integrating international topics throughout the text. Ideal for the graduate level, the text's authoritative user-orientation teaches students to interpret and understand financial information in a changing business environment. May also be used in undergraduate programs.
I did *not* read this book cover to cover, but I just finished the last chapter required for my MBA financial accounting course so marking it as read is the one thing I can say I actually accomplished in this class.
I suffered through this book for my accounting course at Fuqua, Duke's School of Business. Although it was written by two highly lauded Duke professors, this book is not easy to understand and quite verbose and confusing. I learned the basic concepts by teaching myself with the practice problems and answer guide rather than reading the chapters. The concepts are explained in too much detail and not in a logical order, which makes reading this book with tiny print unbearable. I do not recommend this book if you have no basic knowledge of accounting.