- Item type
- Book
- Language
- English
- Publication year
- 2011
- Edition no.
- 4th ed.
- ISBN
- 978-0-470-63560-5
Financial statement analysis is an essential skill for individuals involved in investment management, corporate finance, commercial lending, and the extension of credit. Over the years, it has become an increasingly complex endeavor, as corporate financial statements have become more difficult to decipher. But with the Fourth Edition of Financial Statement Analysis you'll learn how to handle the practical challenges that are part of the business. Written by leading investment authority Martin Fridson and Columbia Graduate Business School Professor Fernando Alvarez, this reliable resource outlines the analytical framework needed to scrutinize financial statements, whether you're evaluating a company's stock price or determining valuations for a merger or acquisition. Fully revised to reflect new concerns and challenges in this field, the Fourth Edition of Financial Statement Analysis will put you in a better position to get past the sometimes biased portrait of a company's performance. from book jacket.
Preface --- PART ONE - READING BETWEEN THE LINES --- Chapter 1. The adversarial nature of financial reporting --- PART TWO - THE BASIC FINANCIAL STATEMENTS --- Chapter 2. The balance sheet --- Chapter 3. The income statement --- Chapter 4. The statement of cash flows --- PART THREE - A CLOSER LOOK AT PROFITS --- Chapter 5. What is profit? --- Chapter 6. Revenue recognition --- Chapter 7. Expense recognition --- Chapter 8. The applications and limitations of EBITDA --- Chapter 9. The reliability of disclosure and audits --- Chapter 10. Mergers-and-acquisitions accounting --- Chapter 11. Is fraud detectable? --- PART FOUR - FORECASTS AND SECURITY ANALYSIS --- Chapter 12. Forecasting financial statements --- Chapter 13. Credit analysis --- Chapter 14. Equity analysis --- APPENDIX - Explanation of pro forma adjustments for Hertz Global Holdings, Inc./DTG --- Notes --- Glossary --- Bibliography..