Overview
The goal of financial statement analysis is to shed light on the true financial condition of a company so realistic valuations can be determined for investment, lending, or merger and acquisition purposes. This important process has become increasingly complex over the years as corporate financial statements have become more difficult to decipher. But with Financial Statement Analysis, Third Edition, you'll learn how to handle the practical challenges that are part of this business. In Financial Statement Analysis, Third Edition, leading investment authority Martin Fridson returns with NYU Professor Fernando Alvarez to provide the analytical framework you need to scrutinize financial statements, whether you're evaluating a company's stock price or determining valuations for a merger or acquisition. This fully revised and up-to-date Third Edition offers detailed, fresh information that will allow you to evaluate financial statements in today's volatile markets and uncertain economy. Filled with real-life examples and expert advice, this comprehensive guide will motivate you to undertake genuine, goal-oriented analysis instead of simply going through the motions of calculating standard financial statement analysis. Pick up Financial Statement Analysis, Third Edition and you will acquire all the insight and professional know-how you need to find the facts behind the fiction of most corporate financial statements.Synopsis
To help professional and amateur financial analysts be proactive rather than follow prescribed formulas, Merrill Lynch manager and Institutional Investor researcher Fridson and Alvarez (entrepreneurial studies, New York U.) provide a timely discussion of how to read between the lines of financial reporting that they explain is adversarial by nature. They then cover the basic financial statements, and scrutinize profits in a business environment in which fudging the numbers is all too common. Chapters include review questions. Also includes a glossary of terms. Dates are not given for previous editions. Annotation c. Book News, Inc., Portland, OR
Booknews
To help professional and amateur financial analysts be proactive rather than follow prescribed formulas, Merrill Lynch manager and researcher Fridson and Alvarez (entrepreneurial studies, New York U.) provide a timely discussion of how to read between the lines of financial reporting that they explain is adversarial by nature. They then cover the basic financial statements, and scrutinize profits in a business environment in which fudging the numbers is all too common. Chapters include review questions. Also includes a glossary of terms. Dates are not given for previous editions. Annotation c. Book News, Inc., Portland, OR (booknews.com)