The Analysis and Use of Financial Statements

Co-written by academics and practitioners, this is the only text that teaches students to first understand how financial statements are generated.

Author: Gerald I. White

Publisher: John Wiley & Sons

ISBN: 9780471375944

Category: Business & Economics

Page: 786

View: 272

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Accounting Standards (US and International) have been updated to reflect the latest pronouncements. * An increased international focus with more coverage of IASC and non-US GAAPs and more non-US examples.
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Financial Statement Analysis

Filled with real-life examples and expert advice, Financial Statement Analysis, 5th Edition, will help you interpret and unpack financial statements. Praise for Financial Statement Analysis FOURTH EDITION "I love this book.

Author: Martin S. Fridson

Publisher: John Wiley & Sons

ISBN: 9780470635605

Category: Business & Economics

Page: 400

View: 203

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The updated, real-world guide to interpreting and unpacking GAAP and non-GAAP financial statements In Financial Statement Analysis, 5th Edition, leading investment authority Martin Fridson returns with Fernando Alvarez to provide the analytical framework you need to scrutinize financial statements, whether you’re evaluating a company’s stock price or determining valuations for a merger or acquisition. Rather than taking financial statements at face value, you’ll learn practical and straightforward analytical techniques for uncovering the reality behind the numbers. This fully revised and up-to-date 5th Edition offers fresh information that will help you to evaluate financial statements in today’s volatile markets and uncertain economy. The declining connection between GAAP earnings and stock prices has introduced a need to discriminate between instructive and misleading non-GAAP alternatives. This book integrates the alternatives and provides guidance on understanding the extent to which non-GAAP reports, particularly from US companies, may be biased. Understanding financial statements is an essential skill for business professionals and investors. Most books on the subject proceed from the questionable premise that companies' objective is to present a true picture of their financial condition. A safer assumption is that they seek to minimize the cost of raising capital by portraying themselves in the most favorable light possible. Financial Statement Analysis teaches readers the tricks that companies use to mislead, so readers can more clearly interpret statements. Learn how to read and understand financial statements prepared according to GAAP and non-GAAP standards Compare CFROI, EVA, Valens, and other non-GAAP methodologies to determine how accurate companies’ reports are Improve your business decision making, stock valuations, or merger and acquisition strategy Develop the essential skill of quickly and accurately gathering and assessing information from financial statements of all types Professional analysts, investors, and students will gain valuable knowledge from this updated edition of the popular guide. Filled with real-life examples and expert advice, Financial Statement Analysis, 5th Edition, will help you interpret and unpack financial statements.
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Financial Statement Analysis Workbook

This is aided by: Question-and-answer sections within this Workbook corresponding to each chapter of Financial Statement Analysis, Fifth Edition Financial statement and computational exercises designed to require analysis and synthesis of ...

Author: Martin S. Fridson

Publisher: John Wiley & Sons

ISBN: 9781119457183

Category: Business & Economics

Page: 208

View: 614

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The helpful workbook to help practice assessing financial statements Financial statement analysis is essential as part of any well-organized financial portfolio. As a companion piece, Financial Statement Analysis Workbook: A Practitioner's Guide allows readers the opportunity to test and hone the skills put forward in Martin Fridson and Fernando Alvarez's Financial Statement Analysis, a resource devoted to providing the analytical framework necessary to make sense of the sometimes misleading numbers put forth by companies. Scrutinizing financial statements allows one to, for example, evaluate a company’s stock price or determine merger or acquisition valuations. The Financial Statement Analysis Workbook, then, provides a pathway to become familiar with these methodologies in order to be prepared to use them in real-world scenarios. With the skills provided within, you can begin to undertake goal-oriented preparation for the practical challenges of contemporary business, and feel confident in your financial decision-making. This is aided by: Question-and-answer sections within this Workbook correspond to each chapter of Financial Statement Analysis Financial statement and computational exercises designed to require analysis and synthesis of concepts covered in the core text A full list of answers in the second half of the book that help explain pitfalls within the questions An essential tool for professional analysts, investors, and students, Financial Statement Analysis Workbook offers the perfect opportunity to help turn theory into reality.
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Financial Statement Analysis The Investor s Self Study to Interpreting Analyzing Financial Statements Revised Edition

This book is designed to provide the essential basics required to read, interpret and analyze a company's financial statements prior to making important investment decisions.

Author: Charles J. Woelfel

Publisher: McGraw Hill Professional

ISBN: 1557385327

Category: Business & Economics

Page: 247

View: 853

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Financial Statement Analysis shows stock market investors how to profit from the knowledge, insights and perceptions of professionals who use financial statement analysis tools and techniques on a day-to-day basis. This book is designed to provide the essential basics required to read, interpret and analyze a company's financial statements prior to making important investment decisions. Inside you'll learn: Horizontal and Vertical Analysis Common-Size Statements Financial Ratios Liquidity and Activity Ratios Profitability Ratios Capital Structure Solvency Ratios
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International Financial Statement Analysis

To enhance the text, a companion workbook is also available. The workbook includes learning outcomes, summary overview, and problems and solutions sections that mirror the chapters in International Financial Statement Analysis.

Author: Thomas R. Robinson

Publisher: John Wiley & Sons

ISBN: 9781119628057

Category: Business & Economics

Page: 1008

View: 726

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Better analysis for more accurate international financial valuation International Financial Statement Analysis, 4th Edition provides the most up-to-date detail for the successful assessment of company performance and financial position regardless of country of origin. The seasoned experts at the CFA Institute offer readers a rich, clear reference, covering all aspects from financial reporting mechanics and standards to understanding income and balance sheets. Comprehensive guidance toward effective analysis techniques helps readers make real-world use of the knowledge presented, with this new third edition containing the most current standards and methods for the post-crisis world. Coverage includes the complete statement analysis process, plus information on income tax accounting, employee compensation, and the impact of foreign exchange rates on the statements of multinational corporations.
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Financial Reporting Financial Statement Analysis and Valuation

New to this edition, chapters now include quick checks after each section so that students can be sure that they have obtained the key insights after reading each section.

Author: James M. Wahlen

Publisher: Cengage Learning

ISBN: 9781305176348

Category: Business & Economics

Page: 1200

View: 337

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FINANCIAL REPORTING, FINANCIAL STATEMENT ANALYSIS, AND VALUATION, 8E is written with the premise that students can learn financial statement analysis most effectively by performing the analysis on real-world companies. Wahlen/Baginski/Bradshaw's textbook will teach students how to integrate the concepts from economics, finance, business strategy, accounting, and other business disciplines through a unique six-step process. New to this edition, chapters now include quick checks after each section so that students can be sure that they have obtained the key insights after reading each section. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
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Analysis of Financial Statements

Peterson and Fabozzi wrap up this Second Edition with a set of lessons for investors and analysts: Lesson 1: Understand what you are looking at Lesson 2: Read the fine print Lesson 3: If it's too good to be true, it may be Lesson 4: Follow ...

Author: Pamela P. Peterson

Publisher: John Wiley & Sons

ISBN: 9780471914471

Category: Business & Economics

Page: 294

View: 181

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Revised and up to date, the Second Edition includes valuable information that addresses questions such as: * What is transparency and why do we care? * How can financial statements inform investors? * How can financial statements mislead investors? * How has the Sarbanes-Oxley Act changed companies' financial disclosures? * What should you look for in financial disclosures when judging a company's financial health? * How do financial statements relate to the value of a company's stock? * Why is cash flow so important to a company's financial health? Throughout Analysis of Financial Statements, Second Edition, the authors demonstrate the nuts and bolts of financial analysis by applying the techniques to actual companies. The authors set the stage for financial analysis in Part One with their discussions of financial statements and the quality of financial statements. In Part Two, they walk you through how to judge a company's financial health using financial disclosures in financial ratio analysis, earnings analysis, and cash flow analysis. In Part Three, the authors take analysis a step further by discussing how investors and creditors can use financial statements to more effectively assess a company's performance and risk. Peterson and Fabozzi wrap up this Second Edition with a set of lessons for investors and analysts: Lesson 1: Understand what you are looking at Lesson 2: Read the fine print Lesson 3: If it's too good to be true, it may be Lesson 4: Follow the money Lesson 5: Understand the risks
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Analysis and Interpretation of Financial Statements

1.3 The process of analysis and interpretation Financial statements reflect the results of the stewardship of management , or the accountability of management for the resources placed under their control .

Author: Marius Koen

Publisher: Juta and Company Ltd

ISBN: 0702151823

Category: Business & Economics

Page: 136

View: 971

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Financial statements give invaluable insights into the performance and future potential of a business. But they do not evaluate the accounting results they reflect. This book offers practical insights into the essential information that financial statements reflect.
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Analysis of Financial Statements

Analysis of Financial Statements, Fifth Edition, by Leopold A. Bernstein and John J. Wild, gives you every practical, up-to-date method for making the data in financial statements clear and meaningful.

Author: Leopold Bernstein

Publisher: McGraw-Hill Education

ISBN: 0070945047

Category: Business & Economics

Page: 529

View: 393

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Turn financial statements into powerful allies in your decision making Whether you're an investor, creditor, consultant, regulator, manager-or an employee concerned about your company's well-being and the stability of your job-the ability to successfully interpret and analyze financial statements gives you a leg up in today's rough-and-tumble marketplace. Analysis of Financial Statements, Fifth Edition, by Leopold A. Bernstein and John J. Wild, gives you every practical, up-to-date method for making the data in financial statements clear and meaningful. You get analytical tools that range from computation of ratio and cash flow measures to earnings prediction and valuation as you learn how to reconstruct the economic reality embedded in financial statements. User-friendly and engaging, this hands-on classic is loaded with graphs, charts, and tables, so you can see how topics relate to the business practices of actual companies. A concluding comprehensive case analysis of the Campbell Soup Company gives shape and color to the author's step-by-step lessons.
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International Financial Statement Analysis Third Edition CFA Institute Investment Series

To enhance the text, a companion workbook is also available. The workbook includes learning outcomes, summary overview, and problems and solutions sections that mirror the chapters in International Financial Statement Analysis.

Author: Thomas R. Robinson

Publisher: John Wiley & Sons

ISBN: 9781118999479

Category: Business & Economics

Page: 1504

View: 105

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Better analysis for more accurate international financial valuation International Financial Statement Analysis provides the most up-to-date detail for the successful assessment of company performance and financial position regardless of country of origin. The seasoned experts at the CFA Institute offer readers a rich, clear reference, covering all aspects from financial reporting mechanics and standards to understanding income and balance sheets. Comprehensive guidance toward effective analysis techniques helps readers make real-world use of the knowledge presented, with this new third edition containing the most current standards and methods for the post-crisis world. Coverage includes the complete statement analysis process, plus information on income tax accounting, employee compensation, and the impact of foreign exchange rates on the statements of multinational corporations. Financial statement analysis gives investment professionals important insights into the true financial condition of a company. With it, realistic valuations can be made for investment, lending, or merger and acquisition purposes. The process is becoming increasingly complex, but this book helps readers deal with the practical challenges that arise at the international level. Understand the accounting mechanics behind financial reporting Discover the differences between statements from around the world Learn how each financial statement element affects securities valuation Master analysis for clues into operations and risk characteristics Amid an uncertain global economic climate, in today's volatile international markets, the ability to effectively evaluate financial statements is a critical skill. Standards and conditions are continuously evolving, and investment professionals need a strong, up-to-date resource for the latest rules and best practices. International Financial Statement Analysis provides this and more, with clarity and expert advice.
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