Financial Statement Analysis: A Practitioner's GuidePraise for Financial Statement Analysis A Practitioner's Guide Third Edition "This is an illuminating and insightful tour of financial statements, how they can be used to inform, how they can be used to mislead, and how they can be used to analyze the financial health of a company." -Professor Jay O. Light Harvard Business School "Financial Statement Analysis should be required reading for anyone who puts a dime to work in the securities markets or recommends that others do the same." -Jack L. Rivkin Executive Vice President (retired) Citigroup Investments "Fridson and Alvarez provide a valuable practical guide for understanding, interpreting, and critically assessing financial reports put out by firms. Their discussion of profits-'quality of earnings'-is particularly insightful given the recent spate of reporting problems encountered by firms. I highly recommend their book to anyone interested in getting behind the numbers as a means of predicting future profits and stock prices." -Paul Brown Chair-Department of Accounting Leonard N. Stern School of Business, NYU "Let this book assist in financial awareness and transparency and higher standards of reporting, and accountability to all stakeholders." -Patricia A. Small Treasurer Emeritus, University of California Partner, KCM Investment Advisors "This book is a polished gem covering the analysis of financial statements. It is thorough, skeptical and extremely practical in its review." -Daniel J. Fuss Vice Chairman Loomis, Sayles & Company, LP |
Contents
PART II The Basic Financial Statements | 27 |
PART III A Closer Look at Profits | 115 |
PART IV Forecasts and Security Analysis | 209 |
| 345 | |
Other editions - View all
Financial Statement Analysis: A Practitioner's Guide Martin S. Fridson,Fernando Alvarez No preview available - 2002 |
Common terms and phrases
accounting rules acquisition amortization annual assets assumptions auditors balance sheet bankruptcy benefit bond borrowings calculation cash flow Chapter charges company’s corporate corporation’s coverage credit analysts credit quality decline default dividend earnings per share EBITDA economic equipment example Exhibit financial flexibility financial ratios financial reporting financial statement analysis forecast forma funds future GAAP goodwill growth income statement income taxes increase industry Informix interest expense interest rate inventory investment investors issuers KnowledgeWare leveraged buyout liabilities long-term debt loss management’s market capitalization ment million net income numbers obligation operating income panies payable payments pension percentage period pretax income price-earnings multiple Price-earnings ratio pro forma profit projected purchase quarter reduce reported earnings return on equity revenue recognition rise risk securities selling share price shareholders short-term Standard & Poor's statement of cash stock price tion Total debt transaction users of financial valuation Wall Street Journal