Revised and up to date, the Second Edition includes valuableinformation that addresses questions such as:
* What is transparency and why do we care?
* How can financial statements inform investors?
* How can financial statements mislead investors?
* How has the Sarbanes-Oxley Act changed companies' financialdisclosures?
* What should you look for in financial disclosures when judging acompany's financial health?
* How do financial statements relate to the value of a company'sstock?
* Why is cash flow so important to a company's financialhealth?
Throughout Analysis of Financial Statements, Second Edition, theauthors demonstrate the nuts and bolts of financial analysis byapplying the techniques to actual companies. The authors set thestage for financial analysis in Part One with their discussions offinancial statements and the quality of financial statements. InPart Two, they walk you through how to judge a company's financialhealth using financial disclosures in financial ratio analysis,earnings analysis, and cash flow analysis. In Part Three, theauthors take analysis a step further by discussing how investorsand creditors can use financial statements to more effectivelyassess a company's performance and risk. Peterson and Fabozzi wrapup this Second Edition with a set of lessons for investors andanalysts:
Lesson 1: Understand what you are looking at
Lesson 2: Read the fine print
Lesson 3: If it's too good to be true, it may be
Lesson 4: Follow the money
Lesson 5: Understand the risks
Pamela P. Peterson
Finance & Investments Finanz- u. Anlagewesen Investments & Securities Kapitalanlage Kapitalanlagen u. Wertpapiere