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Financial Accounting: The Impact on Decision Makers

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Title: Financial Accounting: The Impact on Decision Makers
by Diane L. Tanner, Gary A. Porter, Curtis L. Norton
ISBN: 0-03-020518-2
Publisher: Thomson Learning
Pub. Date: 01 June, 1999
Format: Paperback
List Price(USD): $29.95
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Average Customer Rating: 2.71 (21 reviews)

Customer Reviews

Rating: 5
Summary: The best book on Financial Accounting I own! and I own many.
Comment: The book is concise, precise. The book explains in one page what other do in many pages. The authors Stickney and Weil do a superb job in explaining the Concepts and Methods. I've followed this book since its third edition, when the great Sidney Davidson was on the team. They have always use a Conceptual approach rather than a procedural. When I need to review a concept, I open this book first, and then maybe I may open others. This book is more suitable for graduate level. It is not for undergraduate.

Rating: 5
Summary: Great for graduate study
Comment: Many people get this book wrong. This is a book for graduate students, not for undergraduates. It introduces the concepts of financial accounting in a condensed way, which does require more time and patient to understand it, like the way we study in MBA program. Since this book assumes its reader as future statement readers, it introduces finanical statements, including balance sheet, income statement, and cash flow statement,in the first few chapters to let student understand the linkage among them. It is usually very difficult to understand for those without background, though. Plus, given the fact that this book is required by most of top MBA programs, like Chicago, Columbia, and NYU, I'd like to say that accounting professors have told us the quality of this book. For those who have a hard time on this, I would also recommend its accompanied study guide and solution manuals (used one available on amazon website ISBN 0030269695& ASIN: 0030182697; make sure get the right edition!!). After all, this is a good book, but requires more practices. Good luck.

Rating: 5
Summary: This is a great book
Comment: I am currently enrolled in the CFA program (Level II candidate), and this book was used for my first corporate finance class. I must say that I was a bit turned off at first by the amount of colorful pictures and charts the Brigham book contained under the assumption that the more staid the book was, the less gimmicks it had and the better it was (like the Brealey-Myers book). However, I was repeatedly struck by how conscise Brighams' explanations and examples were. The book not only had exhaustive coverage, but it was very well-written. The vignettes at the beginning of each of the chapter really shows a good application of the chapter's lesson in the real world.

When ever I come across a question concerning finance, I almost always reach for the Brigham and Houston book first--it's that good.

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