Emphasizing valuation, this textbook draws on economics, business strategy and accounting to present a five-step process for financial statement analysis. Chapters cover topics like asset and liability valuation, income flows and cash flows, profitability analysis, risk analysis, quality of accounti
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The premise of the text is that students learn financial statement analysis most effectively by performing the analysis on actual companies. Students learn to integrate concepts from economics, business strategy, accounting, and other business disciplines. The text is designed for courses on financial statement analysis and financial reporting found in accounting, finance, and economics departments.
Emphasizing valuation, this textbook draws on economics, business strategy and accounting to present a five-step process for financial statement analysis. Chapters cover topics like asset and liability valuation, income flows and cash flows, profitability analysis, risk analysis, quality of accounti
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