Financial Reporting for Managers: A Value-Creation Perspective
This brief textbook is designed for business students and managers, with little prior exposure to financial reporting, who wish to understand how financial statements can help them - and encourage others - to make decisions in the long run interest of the firm’s shareholders. Pratt/Hirst, Financial Reporting for Managers is targeted at thoughtful business students and managers, wishing to learn how financial statement use and analysis can be a path to business success. The text brings together financial reporting and management decision making in a thoughtful, creative and easy to understand manner. Additionally, this text links shareholder value creation and the financial accounting statements to the market value of the firm in a way that can be easily understood by practitioners.