Summary
This fully revised and up-to-date Third Edition of Financial Statement Analysis provides readers with detailed, fresh information on evaluating financial statements in today's volatile markets and complex economy. Expanded coverage and new case studies of this important topic provide the analytical framework readers need to scrutinize financial statements whether one is evaluating a company's stock price or determining valuations for a merger or acquisition.
Author Biography
MARTIN FRIDSON is Managing Director at Merrill Lynch & Company and a member of Institutional Investor’s All-America Fixed Income Research Team. His other books include How to Be a Billionaire, It Was a Very Good Year, and Investment Illusions, all published by Wiley. He is a past governor of the Association for Investment Management and Research.
Table of Contents
I. READING BETWEEN THE LINES. |
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1. The Adversial Nature of Financial Reporting. |
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II. THE BASIC FINANCIAL STATEMENTS. |
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4. The Statement of Cash Flow. |
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III. A CLOSER LOOK AT PROFITS. |
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8. Applications and Limitations of EBITDA. |
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9. The Reliability of Disclosures and Audits. |
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10. Mergers-and-Acquisitions Accounting. |
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IV. FORECASTS AND SECURITY ANALYSIS. |
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12. Forecasting Financial Statements. |
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