Title: Financial Statement Analysis: A Practitioner’s Guide / Edition 4
Author: Martin S. Fridson, Fernando Alvarez
ISBN-10: 0470635606
ISBN-13: 9780470635605
Financial statement analysis is an essential skill for individualsinvolved in investment management, corporate finance, commerciallending, and the extension of credit. Over the years, it has becomean increasingly complex endeavor, as corporate financial statementshave become more difficult to decipher. But with the FourthEdition of Financial Statement Analysis, you’ll learn how tohandle the practical challenges that are part of the business. Written by leading investment authority Martin Fridson andColumbia Graduate Business School Professor Fernando Alvarez, thisreliable resource outlines the analytical framework needed toscrutinize financial statements, whether you’re evaluating acompany’s stock price or determining valuations for a merger oracquisition. Fully revised to reflect new concerns and challengesin this field, the Fourth Edition of Financial StatementAnalysis will put you in a better position to get past thesometimes biased portrait of a company’s performance. Divided into four comprehensive parts—Reading Between theLines, The Basic Financial Statements, A Closer Look at Profits,and Forecasts and Security Analysis—this practical guidecontains: Insights that will allow you to evaluate financial statementseffectively in volatile markets and an uncertain economy Discussions on properly interpreting balance sheets, incomestatements, and cash flow statements Valuable new case studies of fraudulent reporting Tips for maximizing the accuracy of forecasts and a structuredapproach to credit and equity evaluation Revelations about how earnings can be exaggerated or evenfabricated And much more All too often, financial statements conceal more than theyreveal. But by undertaking genuine, goal-orientedanalysis—instead of simply going through the motions ofcalculating standard financial ratios—you can uncover thetrue financial condition of a company. Filled with real-world examples and expertadvice, FinancialStatement Analysis, Fourth Edition will help you excel atinterpreting financial statements and enable you to use thisinformation to make better business decisions.
