Analysis of Financial Statements
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2.5 • 4 Ratings
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- $62.99
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- $62.99
Publisher Description
The fully update Third Edition of the most trusted book on financial statement analysis
Recent financial events have taught us to take a more critical look at the financial disclosures provides by companies. In the Third Edition of Analysis of Financial Statements, Pamela Peterson-Drake and Frank Fabozzi once again team up to provide a practical guide to understanding and interpreting financial statements. Written to reflect current market conditions, this reliable resource will help analysts and investors use these disclosures to assess a company's financial health and risks.
Throughout Analysis of Financial Statements, Third Edition, the authors demonstrate the nuts and bolts of financial analysis by applying the techniques to actual companies. Along the way, they tackle the changing complexities in the area of financial statement analysis and provide an up-to-date perspective of new acts of legislation and events that have shaped the field.
Addresses changes to U.S. and international accounting standards, as well as innovations in the areas of credit risk models and factor models Includes examples, guidance, and an incorporation of information pertaining to recent events in the accounting/analysis community Covers issues of transparency, cash flow, income reporting, and much more
Whether evaluating a company's financial information or figuring valuation for M&A's, analyzing financial statements is essential for both professional investors and corporate finance executives. The Third Edition of Analysis of Financial Statements contains valuable insights that can help you excel at this endeavor.
Customer Reviews
Lesson on Costs
This book will help the reader understand the four power centers of profit. Asset management, cost management, financial management, and tax management. Cost management is particuarly interesting. I have scourced iBooks to speak, chat, or email someone at iBooks to find out what utility is recieve by paying 20%- 40% more than another major competitor for e-books. Support leads to a maze of options none of which are for iBooks. This review is the only method I can find to (possibly) communicate to iBooks support, as I assume it will be read before posting. This book would cost 40% more than a repudiable competitor. Now I have many products from this company and would like to continue doing business. But noone likes to feel like they are being taken advantage of by an “ecosystem”. This book helps the reader to understand how a company can gain a competitive edge by lowering costs and passing it on to customers, espeically when the product becomes a commodity and price becomes the greatest variable in a purchase decisions. I recommend all executives and managers read it. This book will help the reader understand the importance of using numbers and ratios to recognize how lower prices can lead to greater profit for a commoditized industry. Perhaps the authors' next book will explain how offering higher priced commoditized products with no customer support leads to sustained customer loyalty and above average profits.