Financial statements capture and report on four key business activities: planning, financing, investing, and operating activities. Knowing what information is to be found – plus where to find it and how to use it–in financial statements is imperative to intelligently understanding, analyzing, and interpreting financial data. Financial statement analysis is useful as a tool in selecting investment or merger candidates, as a forecasting tool or future financial conditions, and as an evaluation tool for managerial and other business decisions. Analysis of Financial Statements provides the essential concepts and tools needed by security analysts who make decisions on the basis of information found in financial statements. The book begins with chapters on the sources of financial information, the three basic statements (balance sheet, income statement, and statement of cash flows), and tax issues. The remaining chapters explain the various measures that common stock and equity analysts can use to assess a company. There are examples of real world applications from practicing analysts plus questions at the end of each chapter.
Book Details:
- Author: Pamela P. Peterson
- ISBN: 9780470367216
- Year Published: 1999
- Pages: 286
- BISAC: BUS017000, BUSINESS & ECONOMICS/Corporate Finance / General
About the Book and Topic:
Financial statements capture and report on four key business activities: planning, financing, investing, and operating activities. Knowing what information is to be found – plus where to find it and how to use it–in financial statements is imperative to intelligently understanding, analyzing, and interpreting financial data. Financial statement analysis is useful as a tool in selecting investment or merger candidates, as a forecasting tool or future financial conditions, and as an evaluation tool for managerial and other business decisions. Analysis of Financial Statements provides the essential concepts and tools needed by security analysts who make decisions on the basis of information found in financial statements. The book begins with chapters on the sources of financial information, the three basic statements (balance sheet, income statement, and statement of cash flows), and tax issues. The remaining chapters explain the various measures that common stock and equity analysts can use to assess a company. There are examples of real world applications from practicing analysts plus questions at the end of each chapter.
1. Introduction 2. Financial Statements 3. The Quality of Financial Information 4. Financial Ratio Analysis 5. Taxes Issues 6. Earning Analysis 7. Cash Flow Analysis 8. Dividends and Dividend Discount Models 9. Fundamental Factor Models 10. Value-Based Measures of Performance 11. Credit Analysis
About the Author
Pamela P. Peterson, PhD, CFA is a professor of finance at Florida State University where she teaches undergraduate courses in corporate finance and doctoral courses in empirical research methods. She is an editor of the Contemporary Finance Digest, a publication of the Financial Management Association and CIBC World Markets. Professor Peterson has published articles in journals including the Journal of Finance, Financial Management, and the Financial Analysts Journal. She is the author of Financial Management and Analysis and co-author with David R. Peterson of Company Performance and Measures of Value Added. Frank J. Fabozzi is editor of the Journal of Portfolio Management and an Adjunct Professor of Finance at Yale University’s School of Management. Frank is a Chartered Financial Analyst and Certified Public Accountant. He is on the board of directors of the Guardian Life family of funds and the BlackRock complex of funds. He earned a doctorate of economics from the City University of New York in 1972 and in 1994 received an honorary doctorate of Human Letters from Nova Southeastern University. Frank is a Fellow of the International Center for Finance at Yale University.