Financial Statement Analysis: A Valuation Approach: International Edition - Softcover

"This text provides a clear, detailed description of "how" to forecast free cash flows, along with a cogent explanation of "why"each element of the forecast is necessary." -- Clark M. Wheatley, Florida International University"The text attempts to address a more generalized model for a business valuation. Rather than getting caught up in a lot of the specific techniques that are often emphasized in other texts, this text seeks to develop a generalized model that can be applied to almost any valuation situation." -- Frank Kopczynski, Plymouth State College"The text is very well-written and clearly presented. There are examples presented that help explain the concepts, and using a continuous case throughout is certainly helpful in weaving together the models presented." -- Lloyd Tanlu, Brandeis University"The chapter on Employee Stock Options and Valuations is the best I've found concerning stock options. The explanation of options and how they are valued is very well-written and easy to understand." -- Charles Caliendo, University of Minnesota

For undergraduate/graduate courses in Financial Statement Analysis and Valuation. This text combines finance, accounting, and business strategy theory with enough real accounting information to teach students how to actually use financial statement data in valuation and analysis-as well as understand the corporate finance theory behind it.