- Item type
- Book
- Language
- English
- Publication year
- 2013
- Edition no.
- 5th ed.
- ISBN
- 978-0-07-132640-7
"Describes valuation as an exercise in financial statement analysis. This title helps students to learn to view a firm through its financial statements and to carry out the appropriate financial statement analysis to value the firm's debt and equity" by Worldcat.
List of cases --- List of accounting clinics --- 1 Introduction to investing and valuation --- 2 Introduction to the financial statements --- PART ONE: FINANCIAL STATEMENTS AND VALUATION --- 3 How financial statements are used in valuation --- 4 Cash accounting, accrual accounting, and discounted cash flow variation --- 5 Accrual accounting and valuation: pricing book values --- 6 Accrual accounting and valuation: pricing earnings --- 7 Valuation and active investing --- PART TWO: THE ANALYSIS OF FINANCIAL STATEMENTS --- 8 Viewing the business through the financial statements --- 9 The analysis if the statement of shareholders' equity --- 10 The analysis of the balance sheet and income statement --- 11 The analysis of the cash flow statement --- 12 The analysis of profitability --- 13 The analysis of growth and sustainable earnings --- PART THREE: FORECASTING AND VALUATION ANALYSIS --- 14 The value of operations and the evaluation of enterprise price-to-book ratios and price-earnings ratios --- 15 Anchoring on the financial statements: simple firecasting and simpleforecasting --- 15 Full-information forecasting, valuation, and business strategy analysis --- PART FOUR: ACCOUNTING ANALYSIS AND VALUATION --- 17 Creating accounting value and economics value ---18 Analysis of the quality of financial statements --- PART FIVE: THE ANALYSIS OF RISK AND RETURN --- 19 The analysis of equity risk and return for active investing --- 20 The analysis of credit risk and return --- Appendix A Summary of formulas --- INDEX..