This book discusses a series of techniques in financial statement analysis such as (1) Business strategy analysis for developing an understanding of a firm's competitive strategy (2) Accounting analysis for representing the firm's business economics and strategy in its financial statements and for developing adjusted accounting measures of performance (3) Financial analysis for ratio analysis and cash flow measures of operating, financing, and investing performance, and (4) Prospective...
More DescriptionThis book discusses a series of techniques in financial statement analysis such as (1) Business strategy analysis for developing an understanding of a firm's competitive strategy (2) Accounting analysis for representing the firm's business economics and strategy in its financial statements and for developing adjusted accounting measures of performance (3) Financial analysis for ratio analysis and cash flow measures of operating, financing, and investing performance, and (4) Prospective analysis for developing forecasted financial statements and for estimating firm value. Applications to equity security analysis, credit analysis, mergers, financing, and management communications are also included.