Financial Statement Analysis: A Practitioner's Guide - Couverture souple

Fridson, Martin S.

Couverture souple

ISBN 10 : 047116044X ISBN 13 : 9780471160441

Editeur : John Wiley & Sons Inc, 1996

Synopsis

Updated to reflect contemporary financial situations using current illustrative examples to address the complications that can arise when financial analysts attempt to apply textbook knowledge instead of real-world, forward-looking analysis. The text includes tips for maximizing accuracy of forecasts, and advises the reader on how to use healthy scepticism to reach sound conclusions through a structured approach to credit and equity evaluation Expanded coverage includes: accounting for mergers; country-to-country variations in accounting methods; revenue recognition; new techniques for analyzing credit risk; inventory accounting; the auditor's role; and an analysis of the politics of rule-making for financial reporting.

A propos du livre

Quatrième de couverture

FINANCIAL STATEMENT ANALYSIS

What do most textbooks neglect to tell you about financial reports? Just about everybody who has taken a good look at an annual report has sensed that corporate financial statements are designed to conceal more than reveal. But how, exactly, do corporations manipulate their financial statements to control the perceptions of investors and creditors? What vital information are the accountants leaving out? How can you make the numbers tell you what you really need to know?

Martin Fridson shows students how with a practical, lively, and rigorous guide to the financial statement. Incorporating real–life situations, he demonstrates the kinds of complications that arise when analysts apply textbook knowledge to real–world number juggling on balance sheets, income statements, and other financial data. New and expanded for university students, Financial Statement Analysis, Second Edition provides readers with the insight and know–how to understand and evaluate the facts behind the fiction of most corporate financial statements.

"Martin Fridson provides a broad and very practical perspective on the art of financial statement analysis. By exploring numerous examples from recent real–world situations, the book enlivens and sharpens the issues involved in interpreting financial reports. It is a solid and interesting introduction to financial statements and their use in a variety of important analytical settings." –– Jay O. Light Professor of Business Administration, Harvard University

"This book is comprehensive, analytical, and rigorous, yet very practical and applications–oriented. Financial Statement Analysis, Second Edition can either be read from cover to cover, or used as a reference tool. The book provides a wealth of information in an extremely well written and well organized manner." –– Frank J. Jones, PhD, Executive Vice President and Chief Investment Officer, The Guardian Life Insurance Company of America

Biographie de l'auteur

MARTIN S. FRIDSON is Managing Director in the Global Securities Research & Economics Group at Merrill Lynch & Co. He was dubbed the dean of the high–yield bond market in conjunction with being voted onto Institutional Investor′s All–American Research Team. Previously, Fridson was a principal and manager of Credit Research at Morgan Stanley & Co. He is also a practitioner director of the Financial Management Association, past president of the Fixed Income Analysts Society, and a member of the editorial boards of CFA Digest, Financial Analysts Journal, and Financial Management. His book Investment Illusions was also published by Wiley.

Détails de l'édition

• Éditeur: John Wiley & Sons Inc
• Date d'édition: 1996
• Langue: anglais
• ISBN 10: 047116044X
• ISBN 13: 9780471160441
• Reliure: Broché
• Numéro d'édition: 2
• Nombre de pages: 322
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible